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Cannabis Pipeline to Europe is Open; Flora Growth is Investing

Less than a month after debuting on the Nasdaq Stock Market, Colombia-based cultivator Flora Growth is connecting its cannabis pipeline to Europe through a manufacturing and distribution partnership with Hoshi International. Headquartered in Toronto, but with 95% of...

Cannabis producer HEXO to buy Redecan in $925-million deal

Cannabis producer HEXO Corp. is acquiring Redecan, Canada’s largest privately-owned licensed cannabis producer with a hefty portfolio of brands, in a $925-million cash-and-share deal. The proposed transaction is intended to create a more competitive platform in Canada...

RIV Capital Stays On Path To Crossover To U.S. Cannabis

RIV Capital Inc.m released its financial results for the fourth quarter and fiscal year ended March 31, 2021, which proved to be a very transitional period for the company. Riv reported operating income (before equity method investees and fair value changes) of $0.7...

Unique Banking Challenges MSOs Encounter

A sprawling adult-use cannabis industry is taking root from coast to coast. While the rules and regulations vary from state to state, that has not limited some dispensaries from opening locations in several regions. These multi-state operators (MSOs) need to take the...

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