Beverage alcohol company Constellation Brands has converted its shares in Canadian cannabis company Canopy Growth Corp. into new exchangeable shares. Constellation Brands converts shares in cannabis operator Canopy, departs board is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs ..read more

Cannabis production technology company Agrify Corp. is being acquired by controlled environment agriculture tech firm Nature's Miracle Holding in a deal that values Agrify's equity at roughly $6.3 million. Cannabis tech company Agrify to be acquired by Nature’s Miracle is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs ..read more

Shareholders of Canadian cannabis company Canopy Growth Corp. have voted in favor of a new exchangeable share structure meant to enable Canopy's planned entry into the American marijuana market via a U.S.-domiciled holding company, Canopy USA. Canopy stockholders OK share structure for US marijuana holding company is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs ..read more

Marijuana company Village Farms International is back in compliance with Nasdaq rules; Weedmaps parent company WM Technology is noncompliant. Marijuana firm Village Farms regains Nasdaq compliance; Weedmaps loses it is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs ..read more

Canadian cannabis and beverage alcohol company Tilray Brands has lowered its financial guidance, reducing expectations for investors in its third-quarter earnings announcement. Cannabis operator Tilray lowers 2024 expectations, eyes Canada tax savings is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs ..read more

Marijuana sector exchange traded fund Subversive Cannabis ETF will close down as of March 28, only half a year after launching. Marijuana ETF shutting down not long after launch is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs ..read more

Cresco Labs posted a $180 million loss in 2023 as the Chicago-based cannabis multistate operator exited two state markets and saw its high-profile merger collapse. Cresco posts $180 million full-year net loss as it looks to new cannabis markets is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs ..read more

IM Cannabis Corp. is proposing a reverse merger with Israeli biotechnology firm Kadimastem in which it would spin out - and potentially sell - its existing medical marijuana operations in Israel and Germany. Israel’s IMC looks to spinout, sell cannabis unit in pivot to biotech sector is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs ..read more

This year is "a much more stable landscape" for the marijuana sector than in 2023, the CEO of cannabis industry real estate investment trust (REIT) NewLake Capital Partners said as the company reported its fourth-quarter earnings. ‘Much more stable’ marijuana landscape in 2024, CEO of NewLake REIT says is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs ..read more

AFC Gamma is looking to finance ‘unburdened’ cannabis borrowers is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs ..read more