This story was republished with permission from Crain’s Chicago. Statewide marijuana sales revenue in Illinois dropped 2% in September, the first year-over-year decline since recreational cannabis became legal in the state four years ago. Sales totaled $136.5 million last month, down from $139.5 million a year ago and $147.4 million in …
Canopy Growth pays down $100M in debt, extends loan maturity
Canopy Growth Corp. (TSX: WEED) (Nasdaq: CGC) prepaid $100 million of its term loan at a discount, the company said Thursday. The Canadian cannabis company said it paid $97.5 million to reduce the loan by $100 million, a move expected to save about $14 million annually in interest expenses. The …
Harris Campaign Pledges To Work With Congress To Legalize Marijuana at the Federal Level
Republican Presidential contender Donald Trump had previously declared that he intends to vote ‘yes’ on a Florida ballot initiative legalizing adult- …