Wouldn’t it be great if words that we’re tired of could just stop being part of our reality?
We’ve lived in “unprecedented” and “uncertain” times for nearly two years, thanks to the COVID-19 pandemic. It’s disrupted our daily lives and our business operations.
While capital has become more accessible for many marijuana firms, sometimes the decision to extend funds is more about protecting a position than actually supporting a cannabis operator’s trajectory.
Multistate operator Curaleaf Holdings (CSE: CURA; OTCQB: CURLF) on Dec. 28 announced the acquisition of Bloom Dispensaries, a private, integrated Arizona marijuana operator, in a deal valued at $211 million.
While wholesale cannabis prices have been going up – sometimes as much as 30%, according to a recent MJBizDaily story – retail prices for the consumer haven’t been keeping pace.
A new study of cannabis vape products from California collected during the vaping crisis of 2019 and 2020 underscored what many in the industry already know: The complexities of cannabis necessitate thorough analysis before product formulation manufacturing.
Curaleaf deal sets bar higher for marijuana debt financing, and investor interest in environmental, social and governance (ESG) policies.
Congress stripped the SAFE Banking Act from a defense spending bill this week, decreasing the possibility of meaningful federal marijuana reform before the end of the year.
In November, Goodness Growth Holdings (CSE: GDNS; OTCQX: GDNSF) closed its acquisition of Charm City, a medical cannabis dispensary in Baltimore.
Sometimes it pays to add to an already high coupon rate rather than engage in a new capital raise.
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.
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.
