Sponsors of Nebraska’s medical marijuana ballot initiatives are disputing the secretary of state’s claims questioning the validity of nearly 100,000 signatures collected for two petitions.
Margaret Jackson
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Commercial landlords soften stance on renting to cannabis businesses
Cannabis companies that once struggled to find space to conduct cultivation, manufacturing and retail operations are benefiting from a tumultuous commercial real estate market that’s prompting landlords to reconsider leasing to marijuana-related businesses.
Delaware inundated with adult-use cannabis business license applications
Delaware received more than 1,260 applications for adult-use cannabis business licenses, including 800 for 30 retail operations.
Marijuana businesses seek alternatives to debt financing in slow capital market
Cannect Wellness raised $7 million in its second equity funding round; capital raises have been slow due to the expense of debt financing.
Marijuana operator TerrAscend withdraws $26 million from senior secured loan
TerrAscend Corp., a Canadian-headquartered marijuana multistate operator with U.S. assets, said it withdrew $26 million from its $140 million loan to pay off higher-interest debt it holds in Michigan.
Green Thumb cannabis workers in New Jersey seek right to exit union
Employees of cannabis multistate operator Green Thumb Industries want to vote on whether they can remove United Food and Commercial Workers (UFCW) Local 360 as their union representative.
Michigan marijuana sales boom fueled by low flower prices
Marijuana flower prices have nosedived in Michigan since the start of adult-use sales, and many attribute the dip to a glut of cultivation licenses.
Marijuana financier Silver Spike closes on portfolio, changes name & ticker symbol
Specialty marijuana finance company Silver Spike Investment Corp. has closed on a portfolio of loans and changed its name to Chicago Atlantic BDC.
Arkansas medical cannabis expansion disqualified from November ballot
An amendment to expand access to medical cannabis in Arkansas will not appear on the November ballot in the state.
Judge OKs lawsuit aimed at keeping medical marijuana off Nebraska ballot
A lawsuit seeking to thwart two ballot initiatives to legalize medical marijuana in Nebraska can proceed, a District Court judge has ruled.
Pelorus seeks receivership for cannabis operator StateHouse Holdings
Pelorus Fund REIT is asking a California court to place StateHouse Holdings into receivership after the vertically integrated cannabis operator defaulted on four loans.
Marijuana MSO 4Front Ventures amends credit facility, seeks to refine fiscal plan
Marijuana multistate operator 4Front Ventures amended its credit facility and enlisted Canaccord Genuity Corp. to hone its financial strategy.












