Tilt changes cannabis ‘management and loan’ practices in Massachusetts

Tilt Holdings, a Massachusetts-based marijuana company being investigated for allegedly trying to control more than the state-allowed three cannabis stores, has backed off the practices that got it into trouble with authorities. The Cannabis Control Commission noted in an investigative report that Tilt “has agreed with regulators to scrap the management and loan contracts it had […]

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Cannabis giant Curaleaf ‘upsizes’ debt offering to $300 million

Curaleaf Holdings, a multistate marijuana operator based in Massachusetts, said Wednesday it closed a debt offering after increasing its size to $300 million from $275 million. When the initial deal was announced last month, it was believed to be the largest amount of debt raised in the U.S. marijuana industry. The notes on the debt, raised […]

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Tilt Holdings founders to forfeit stock options with cannabis firm

Tilt Holdings, a Massachusetts-based marijuana company, said it reached an agreement with six of its founders to forfeit their stock options. The company said approximately 60 million options were forfeited. The options were associated with more than $47 million of expenses during the second quarter of Tilt’s fiscal 2019. Tilt reported a net loss of […]

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