MedMen Torches Planned Acquisition of PharmaCann

MedMen Torches Planned Acquisition of PharmaCann

Cannabis retailer MedMen is snuffing out its planned $682 million all-stock deal to buy marijuana producer and distributor PharmaCann, and is also replacing its financial chief.

Snuffed Out: MedMen Torches Planned PharmaCann Deal

Snuffed Out: MedMen Torches Planned PharmaCann Deal

Cannabis license owner and retailer MedMen Enterprises is snuffing out its planned $682 million all-stock deal to buy marijuana producer and distributor PharmaCann -- less than three months after receiving a second round of capital from private-equity firm Gotham Green Partners.

Aleafia Health Terminates Supply Agreement With Aphria

Aleafia Health Terminates Supply Agreement With Aphria

Aleafia Health terminates its 175,000-kilogram supply agreement with Aphria.

Sundial Sued for Failing to Disclose Bad Batch of Cannabis

Sundial Sued for Failing to Disclose Bad Batch of Cannabis

A report says Sundial is the subject of a class action lawsuit for failing to disclose that a customer returned 554 kilograms of cannabis because it contained mold and bits of rubber gloves.

Hexo Slides After Cannabis Company's Financial Chief Resigns

Hexo Slides After Cannabis Company's Financial Chief Resigns

Shares of Hexo decline after the Canadian cannabis company says its chief financial officer resigned.

Constellation Brands Could Retest Late May Nadir as Charts Lack Spirit

Constellation Brands Could Retest Late May Nadir as Charts Lack Spirit

The producer of alcoholic beverages offers mixed technical signals, though trading volume in the shares has been diminishing this year.

Square Opens Processing Program for CBD Industry

Square Opens Processing Program for CBD Industry

Square specifies that products under its program must be hemp-derived and contain less than 0.3% THC.

Constellation Brands Stock Falls 6% Despite Good Q2 Earnings and Guidance

Constellation Brands Stock Falls 6% Despite Good Q2 Earnings and Guidance

Corona Beer parent sinks after taking an $484 million loss from its holding in Canadian marijuana group Canopy Growth Corp.

Want to Support Women in Cannabis Industry? Consider These 4 Stocks

Want to Support Women in Cannabis Industry? Consider These 4 Stocks

While women have become an increasingly large presence in cannabis companies, they are still lagging in positions of leadership.

Canopy, Aurora Caught Up as MKM Expects Disappointing Cannabis Results

Canopy, Aurora Caught Up as MKM Expects Disappointing Cannabis Results

`We are already beginning to see the cracks in Canada: Pricing is down and consumption per federal license is contracting.'