Jones Soda Co. (CSE: JSDA) (OTCQB: JSDA) found a new c-suite alongside funding as it pushes deeper into cannabis-infused beverages and other product categories, according to the company. The craft beverage maker secured a new $5 million revolving credit facility with Two Shore Capital Corp., replacing a smaller $2 million …
This story was republished with permission from Crain’s Cleveland Business. With the passage of 2023’s Issue 2 enabling the launch of recreational marijuana sales last August 2024 was truly a pivotal year for Ohio’s blossoming legal cannabis industry. As 2025 kicks off, however, optimism for the state’s maturing market is …
Aurora Cannabis’ (NASDAQ: ACB) (TSX: ACB) bet on selling prescription cannabis in places like Germany and Australia is returning results, with third-quarter overseas sales more than doubling versus last year. The Canadian cannabis producer posted record profits and revenue in its latest quarter, driven by surging international medical marijuana sales …
Illinois total marijuana sales were up in 2024 to just over $2 billion, an increase from $1.96 billion recorded in 2023, according to newly released state data. According to the Illinois Department of Financial and Professional Regulation, adult-use retailers in the state sold $1.72 billion in cannabis last year, and …