In November, Goodness Growth Holdings (CSE: GDNS; OTCQX: GDNSF) closed its acquisition of Charm City, a medical cannabis dispensary in Baltimore.
Kevin Huhn
Kevin Huhn's Latest Posts
A practical case for cannabis companies paying higher interest rates + fantasy valuations
Sometimes it pays to add to an already high coupon rate rather than engage in a new capital raise.
Consolidation continues in Colorado marijuana market + importance of due diligence
Columbia Care (CSE: CCHW; OTCQX: CCHWF) completed its acquisition of Denver-based Medicine Man on Nov. 1, highlighting the accelerating consolidation of the Colorado cannabis market.
Missouri reconsidering medical cannabis advertising restrictions
In response to opposition from industry stakeholders, Missouri's medical cannabis regulators are considering relaxing advertising restrictions on the state's MMJ businesses. According to the St. Louis Post-Dispatch, MMJ regulators published draft regulations Thursday...
How marijuana legalization could affect cost of debt
Hydrofarm Holdings Group (Nasdaq: HYFM) agreed to acquire Illinois-based Innovative Growers Equipment (IGE), a manufacturer of horticulture benches, racking and LED lighting systems, for a total consideration of $58 million.
Cost of debt keeps going down for cannabis MSOs
The cost of debt continues to decline for the largest multistate operators, as evidenced by Verano Holdings Corp.’s recent loan amendment.
Speakers bullish on marijuana outlook + FDIC and cannabis
Three industry experts who presented at the MJBizFinance Forum predicted the marijuana industry is heading in the right direction, albeit with bumps along the way.
Will new regulators association bring clarity, consistency to cannabis industry?
A unified, national approach to cannabis regulation has long been the goal for an industry seeking clarity across state lines.
Truthfulness key to successful cannabis M&A + creative corporate finance
Marijuana multistate operator Parallel and special acquisition corporation Ceres Acquisition Corp. recently called off their $1.9 billion blockbuster merger.
Is cannabis industry on the precipice of change after Trulieve-Harvest deal?
Trulieve’s (CSE: TRUL; OTCQX: TCNNF) acquisition of Harvest Health & Recreation (CSE: HARV; OTCQX: HRVSF) creates the largest U.S. multistate operator ranked by second-quarter sales.
Report: Female, minority executives lose ground in marijuana industry
The percentage of executive positions held by women and minorities in the U.S. cannabis industry fell between 2019 and 2021, according to a new report now available from MJBizDaily.
Cannabis consolidation in Michigan + benefits of tech investments
On Sept. 21, Skymint, one of Michigan’s leading vertically integrated cannabis companies, completed a three-part transaction that included an equity raise, a debt raise and an acquisition.
