Jushi Holdings, a vertically integrated, marijuana multistate operator, refinanced a roughly $53 million senior secured credit facility.
Omar Sacirbey
Omar Sacirbey's Latest Posts
Florida recreational cannabis legalization opponents get $12 million donation
The billionaire owner and CEO of a Miami-based hedge fund donated $12 million to opponents of a recreational cannabis legalization ballot measure that Floridians will vote on in the November election
New Zealand rule changes will ease medical marijuana exporting
New Zealand’s body of senior ministers has approved rule changes that will make it easier for the nation’s medical marijuana operators to export their products.
Is the future of cannabis in Europe? Q&A with Bloomwell CEO Niklas Kouparanis
Germany’s recreational cannabis market has limited opportunity, but Bloomwell Group’s Niklas Kouparanis is bullish on the medical market.
Marijuana company with Israel, Germany operations regains Nasdaq compliance
IM Cannabis Corp., a medical marijuana company operating in Israel and Germany, said it has regained compliance with the minimum-bid price requirement to list on the Nasdaq stock exchange.
Minnesota starts adult-use marijuana social equity license application process
Minnesota’s Office of Cannabis Management has opened its first social equity business license application window for the state’s adult-use marijuana market.
Union’s initiative to organize Oregon marijuana workers nears ballot
An Oregon union has spent more than $2 million trying to get an initiative on the November ballot that would make it easier for marijuana retail and processor employees to organize.
States struggle to implement effective environmental regulations for marijuana
The cannabis industry’s outsized impact on the environment – especially high energy and water use – increasingly is catching the attention of regulators, and some states are developing marijuana-specific environmental regulations in response.
Germany approves first ‘cultivation social club’ for cannabis
Germany entered a new era for cannabis when the government of Lower Saxony, the country’s second-most-populous of 16 federal states, approved its first so-called “cultivation social club.”
Colorado medical marijuana patient numbers hit new low
The number of medical marijuana patients in Colorado is the lowest it’s been since 2014, when adult-use sales in the state began.
Illinois races to $1 billion in cannabis sales faster this year than in 2023
Total cannabis sales in Illinois surpassed $1 billion for the second consecutive year.
But it happened faster this year.
Arkansas medical cannabis sales down $5.5 million in first half of 2024
Medical cannabis dispensaries in Arkansas recorded $135.5 million in sales from Jan. 1 to June 30 this year, down from $141 million during the same six-month period in 2023.
