A shortfall in cannabis sales could impact programs for the unhoused in Aurora. Part of the city's marijuana sales tax revenue is used to fund homeless services. According to the city of Aurora, marijuana funds available to homelessness services agencies dropped from $3.9 million for 2023 to $1.4 million to 2024. Earlier this year, the City of Aurora took grant applications … [Read more...] about Shortfall in marijuana sales tax revenue in Colorado will impact Aurora homeless
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Aurora Cannabis Lines up C$34 Million Deal to Pay Off Debt, Eyes Potential Acquisitions
Alberta-based Aurora Cannabis Inc. (NASDAQ:ACB) (TSX:ACB) has entered into an agreement with investment bank Canaccord Genuity to sell 46,250,000 of its shares at C$0.73 each, generating approximately C$33.8 million. The deal was announced on Thursday, with the possibility of gross proceeds increasing to an estimated C$38.8 million if an option for Canaccord Genuity to purchase … [Read more...] about Aurora Cannabis Lines up C$34 Million Deal to Pay Off Debt, Eyes Potential Acquisitions