finances

Investment manager fund Chicago Atlantic recently acquired Silver Spike Investment Corp. (NASDAD: SSIC), the only SEC-approved business development company (BDC) focused on lending to the cannabis industry. As a result, Silver Spike has been renamed Chicago Atlantic BDC, Inc., and its ticker symbol...

TerrAscend Corp. (OTC:TSNDF) cannabis company announced that it has completed the second and final draw of $26 million as part of its $140 million senior secured term loan. The loan, managed by FocusGrowth Asset Management, LP, was initially announced in August 2024. The new funds were used to pay...

Several cannabis companies faced financial challenges in 2024, with some being delisted or under threat of delisting from major stock exchanges due to financial instability, low values, compliance issues and a turbulent market. This article looks into some of the key players that faced delisting,...

Shares of Corbus Pharmaceuticals (NASDAQ:CRBP) experienced a severe drop on Friday, plummeting almost 60% from $52 to $21, as competitor Novo Nordisk (NYSE:NVO) published trial results for monlunabant, a cannabinoid receptor 1 (CB1) inverse agonist. Novo Nordisk shares also traded down roughly 5.5...

This article by Patricia Miller was originally published on Cannabis & Tech Today, and appears here with permission. Unlike chocolate and peanut butter, so far cannabis businesses and the U.S. financial services industry — banks, payments, insurance, retirement services, etc. —...

While nobody goes into a marriage expecting divorce as the outcome, statistics show that the possibility should be taken into account. According to Divorce Statistics, on average in America, 45–50 percent of all first marriages end in divorce. The likelihood increases with each subsequent...

For an event so universal no person in recent history has escaped it, death remains one of the most shrouded, taboo and euphemized issues. Couple that with the "impolite" conversation topic of finances, the negative reputation the funeral industry has received and the rampant emotions...