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John Rebchook

John is an award-winning journalist who spent most of his decades-long career as the real estate editor of the Rocky Mountain News in Denver. At different times John also wrote about banking, economic development, cable TV, workplace issues, technology and national and local political issues impacting business. He has also freelanced for Marijuana Business Magazine. John also published his own real estate blog for almost seven years and was a columnist at the Colorado Real Estate Journal. Before joining the Rocky, John worked at newspapers in Wisconsin, Illinois and Texas.

SPACs offer marijuana companies a source of funding – and a way to go public

A meteoric rise in cannabis special purpose acquisition companies – better known as SPACs – is providing private marijuana and hemp companies an unprecedented opportunity to raise money and go public. “Cannabis SPAC IPOs (initial public offerings) raised more than $2.6 billion (in 2019) and more than $700 million in the first half of 2020, […]

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Cannabis companies secure fresh funding deals as investors wade back into capital markets

Marijuana businesses have raised hundreds of millions of dollars in recent months, a trend that is expected to continue as an investment dry spell that began late last year appears to be easing. Investors have shown renewed interest in U.S. cannabis companies after they were designated “essential” businesses during the coronavirus pandemic by most states, […]

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Cannabis REIT Innovative Industrial Properties on a roll with $100M in recent outlays on cultivation, distribution sites

Innovative Industrial Properties is on a marijuana shopping spree, having spent $100 million since April to buy cultivation and distribution facilities around the nation while providing cannabis operators with sorely needed cash. The San Diego-based real estate investment trust (REIT) now owns 61 cannabis industrial properties, more than double the 26 it owned a year […]

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What’s your take on COVID-19’s impact on marijuana investments?

A heavily regulated marijuana industry such as Illinois’ and the current status of cannabis in the state might be just what’s needed to deal with the coronavirus crisis and a probable economic recession, according to industry officials. Yet, newly licensed entrants to that state’s cannabis industry will not only be challenged by a lingering coronavirus […]

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Cannabis technology firm Greenbits raises $23 million

California-based cannabis-technology firm Greenbits, which processes $3.7 billion in sales in more than 1,200 U.S. marijuana stores each year, raised $23 million in a financing round. Greenbits, based in San Jose, said it will use the Series B funding to: Accelerate sales. Fund marketing. Develop products. Expand into new markets. The company’s technology currently is used […]

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Washington DC allows medical marijuana deliveries, curbside pickups

The nation’s capital is the latest medical cannabis market to permit dispensaries to provide deliveries and curbside pickups to patients during the COVID-19 pandemic. Washington DC’s Democratic mayor, Muriel Bowser, signed an emergency rule allowing dispensaries to provide deliveries and curbside pickups until Aug. 12. Increasingly during the coronavirus crisis, marijuana stores across the U.S. […]

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Michigan adult-use cannabis stores dealt supply setback

Recreational marijuana stores in Michigan could face a shortage of product after state regulators ruled that adult-use shops can no longer buy MJ from a network of caregiver growers. The Marijuana Regulatory Agency issued a bulletin reversing course that said only medical marijuana dispensaries can now buy and sell products from caregivers, the Detroit Free Press […]

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Burglaries double at Denver marijuana stores

There have been almost twice as many burglaries at Denver cannabis businesses – primarily marijuana retailers – this year as there were during the same period in 2019, according to police data obtained by Marijuana Business Daily. The Denver Police Department sent a bulletin to the city’s marijuana businesses Tuesday warning of a “slight increase” in […]

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Weigh in on best perks to offer cannabis workers during COVID-19 outbreak

Marijuana businesses increasingly are rewarding employees who are working during the coronavirus crisis, and the perks range from money to Netflix subscriptions. We’d like to hear from you, the cannabis business owner, on what you think is the best way to say “thank you” to essential employees during the pandemic. For more of Marijuana Business Daily’s […]

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Massachusetts marijuana commission member stepping down

Kay Doyle is leaving her spot on the commission that regulates medical and recreational cannabis in Massachusetts. Doyle, who was appointed to the Cannabis Control Commission when it was created in 2017, will leave the agency May 8 to return to the private sector, the Cannabis Control Commission announced Monday. Doyle was appointed to her three-year […]

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Nevada’s Planet 13 cannabis firm ends $10 million deal to enter California

Nevada-based marijuana company Planet 13 on Monday said it is terminating its $10 million acquisition of a cannabis sales license and lease in California, which would have served as the company’s entry into that key market. The stock and cash deal for Newtonian Principles, announced last June, was terminated “due to unmet conditions in the […]

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