In this issue, we examine which sectors have lost their luster – and where investors may want to look instead. Also in this issue: tips for valuing marijuana and hemp companies for strategic acquisitions or investments, an assessment of the Ohio market and an update on Colorado’s rules against public investment.
Green Peak Innovations, a medical cannabis cultivator based in Lansing, Michigan, raised more the $30 million in an oversubscribed debt round. The funds will be used to support Green Peak's expansion in Michigan as well as plans to take the...
North American cannabis companies have raised nearly $3.3 billion so far this year, outpacing the record funding levels set in 2018, according to the latest data from Viridian Capital Advisors.
While the cannabis industry has experienced massive growth over the past 12 months, few companies have seen early success in profitability to date.
The CEO of a beverage company recently acquired by PepsiCo is placing his bet on marijuana, joining the board of directors of and making a significant personal investment in an agriculture business working in cannabis production. Daniel Birnbaum, CEO of at-home...
M&A activity this year is outpacing the number of deals closed this time last year. Cultivators and retailers continue to be top takeover targets with nearly 30 deals closed this year.
Cannabis is rife with scale-inhibiting regulations, founders with potential black marks on their record and a change rate that can leave portfolio companies in the dust.
In this issue, Cresco Labs’ CEO Charlie Bachtell shares why he considers market penetration – not retail footprint – to be a stronger strategy for the company. Also in this issue: a deeper look at how two Canadian cannabis titans are growing outside North America, tips for getting into investing in this industry and a snapshot of retail opportunities.
The decision to vertically integrate his new cannabis business is one that has kept Kevin Currier awake at night. Ahead of Michigan’s transition to an adult-use market, Currier, a resident of the Great Lakes state, applied for a medical marijuana retail license in...
Growers explore a new way to propagate and preserve a plant’s genetics Cannabis cultivators have long relied on cloning as a way to propagate plant inventory and preserve their genetics. But cloning—taking a rooted cutting of a mother plant to grow a genetically...
In the past five years, Colorado’s cannabis executives - both plant-touching and ancillary - have learned enough about doing business in a new recreational market to write textbooks on the topic. The Centennial State made history when it launched the world’s first...
Q&A with managing partner at Casa Verde Capital Since closing its $45 million debut investment fund nearly a year ago, Casa Verde Capital has led a series of high-profile funding rounds for growing cannabis firms, luring co-investments from mainstream...
