New York-based multistate marijuana operator Columbia Care is raising $35 million through the sale and leaseback of six of its properties in California, Illinois and Massachusetts. The properties, which are being sold to Maryland-based...
Kevin Huhn
Kevin Huhn's Latest Posts
Florida marijuana company Trulieve named in marketing spam lawsuit
A Tennessee man filed a federal lawsuit seeking millions of dollars in damages against Trulieve, Florida’s largest medical marijuana operator, for allegedly sending illegal text messages to his cellphone. Mats Jaslow contends in the lawsuit...
New Jersey vote to legalize adult-use cannabis advancing
New Jersey legislators are scheduled to vote Monday on a proposed amendment to allow voters to decide in 2020 whether to legalize recreational marijuana in the state. The decision came after the Democratic-controlled full Assembly and the...
Denmark eyes medical marijuana trial extension
Denmark might need to extend its medical cannabis trial plans in order for the government to conduct a mandated midterm evaluation of the pilot program, Health Minister Magnus Heunicke said. The four-year program launched in 2018, and a...
Deep Dive: Village Farms eyes expansion in hemp, cannabis
If Village Farms successfully executes its marijuana and hemp expansion plans, it has the potential for a multiyear earnings growth story that could be among the best in class in the cannabis industry.
Cannabis operators eye sale-leaseback transactions to free up capital
As the emerging cannabis industry takes a macroeconomic step back to check in with the fundamental profitability necessary to return capital to investors, new forms of financing are emerging.
Ancillary marijuana businesses can avoid banking hurdles by turning to smaller financial institutions
Though the majority of U.S. financial institutions remain hesitant to offer accounts and loans to non-plant-touching cannabis companies, there are steps those businesses can take to land a banking partner.
Can your company be repriced after the LOI?
Having a buyer ask to reprice a deal after its been agreed to is a dreadful prospect – but sometimes, it’s unavoidable.
Washington state bans vitamin E acetate in marijuana vape products
Washington state regulators banned the sale and distribution of any products containing vitamin E acetate, an additive in some cannabis vaping products identified as a likely culprit in the vaping health crisis.
Nevada marijuana testing lab’s permit suspended by authorities
Regulators in Nevada suspended the license of a marijuana testing lab after investigators discovered what they described as “inaccurate and misleading” potency in cannabis products. In the first license suspension of a marijuana testing...
MA high court confirms challenge to cannabis vape product ban
The Massachusetts Supreme Judicial Court upheld a lower judge’s decision challenging Republican Gov. Charlie Baker’s authority to unilaterally ban the sale of cannabis vape products in the state. The ruling does not change the fact that sales...
Alaska governor appoints interim cannabis director
Glen Klinkhart was installed as interim director of the agency that regulates legal cannabis and alcohol in the state. The appointment was made by Republican Gov. Mike Dunleavy. Klinkhart, who had served as director of drug policy for the...
