Multistate cannabis company Planet 13 Holdings disclosed the location of its first Florida medical marijuana dispensary as part of its plan to expand into the state.
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Chicago Atlantic, others lend $30 million to Florida medical marijuana company
Cannabis industry real estate lender Chicago Atlantic Real Estate Finance says has led a $30 million senior secured credit facility to an unidentified vertically integrated medical marijuana company in Florida.
Ancillary cannabis company Greenlane cuts costs, seeks loan
Greenlane Holdings, a distributor of cannabis accessories, is undertaking cost-cutting measures in a bid to raise capital and achieve profitability.
Montana cannabis company Bloom raises $11 million in debt financing
Vertically integrated cannabis company Bloom Montana raised $11 million in debt financing via a deal with marijuana lender Altmore Capital.
Scotts warns of sales reduction in cannabis grow-supply segment
Scotts Miracle-Gro issued a new sales reduction estimate for its indoor cannabis cultivation supply segment, the Hawthorne Gardening Co., blaming “an oversupply” of the plant.
Marijuana financier Pelorus lends nearly $17M to Royal Emerald Pharmaceuticals
Marijuana real estate lender Pelorus Equity Group announced debt financing worth nearly $17 million to specialty-drug company Royal Emerald Pharmaceuticals.
Online cannabis retail regulations in Alberta highlight fight against illicit websites
The government of Alberta, Canada, officially handed over responsibility for online cannabis sales and delivery to the private sector on Tuesday, with a handful of companies prepared to start marijuana e-commerce and more on the way.
Montana recreational cannabis sales exceed $13 million in February
Sales in Montana’s new recreational cannabis market surpassed $13 million in February, although two different sets of figures offer slightly different versions of the exact total.
Fire & Flower’s marijuana retail tech strategy: Q&A with Hifyre President Matthew Hollingshead
Like other types of retail, marijuana retail is increasingly propelled by digital technology.
Major Canadian cannabis retail chain Fire & Flower exemplifies that trend.
Ontario making cannabis retail delivery, curbside pickup permanent March 15
Canada’s biggest market for adult-use sales revealed new details about its permanent program for cannabis retail delivery and curbside pickup, which will be enacted March 15.
Court tosses Canopy cannabis patent infringement lawsuit against GW Pharma
A Texas court has dismissed a lawsuit brought by Canadian cannabis producer Canopy Growth against GW Pharmaceuticals, although Canopy has the right to appeal the ruling.
South Dakota House committee rejects adult-use marijuana bill
Efforts to legalize adult-use marijuana in South Dakota suffered another setback Monday when a House of Representatives committee dismissed a legalization bill by an 8-3 vote.
