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Articles by Nick Thomas :
Washington state to allow social equity applicants exclusive access to revoked cannabis licenses
Social equity applicants for marijuana businesses in Washington state will be able to apply exclusively for a number of revoked cannabis retail licenses after legislators passed a law Tuesday aimed at boosting the participation of minorities in the industry.
Investors target distressed cannabis companies for new opportunities
Could it be a win-win deal?
An increasing number of investors – including mainstream investment banks new to cannabis – have begun seeking out cash-strapped marijuana companies with the aim of pumping money into them to provide a financial lifeline.
Cannabis ETFs post steep declines in line with marijuana stocks, but longer-term prospects appear bright
Cannabis-focused exchange-traded funds have emerged over the past few years in the United States, Canada and now Europe, but their recent sharp declines have mirrored tumbling marijuana stocks and made it tougher for some ETF operators to attract investors.
NY-based cannabis firm iAnthus takes group to court in Canada
Vertically integrated multistate marijuana operator iAnthus Capital Holdings is taking legal action against an international investor group that claimed the New York company has defaulted on a $25 million convertible debt deal.
Volatility in the cannabis sector has opened opportunities for willing investors
New York-based investment firm Navy Capital is bullish on the cannabis industry.
Since 2016, the company has invested about $200 million in roughly 40 different cannabis companies.
Large US cannabis companies look to debt funding versus equity and sale-leaseback deals
Big marijuana companies in the United States increasingly are turning to debt as a funding tool, spurred by falling cannabis stock prices and terms that are more attractive than those for real estate sale-leaseback deals.