Multistate operator Ayr Wellness announced a deal to acquire Dispensary 33, which operates two retail cannabis stores in Chicago, for at least $55 million.
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Opening of US borders signals return of international cannabis shoppers
The United States has reopened its doors to visitors from abroad, which could boost adult-use cannabis retailers in tourist-friendly markets as international tourists with a hankering for legal marijuana return to American soil.
Canada’s High Tide to acquire 80% of Colorado CBD firm NuLeaf Naturals
Canadian cannabis retail, CBD and accessory company High Tide announced a deal to acquire 80% of Denver-based CBD wellness product producer and distributor NuLeaf Naturals.
Marijuana MSO Jushi to acquire Nevada’s NuLeaf for up to $62.5 million
Florida-based multistate marijuana operator Jushi Holdings announced a deal to acquire NuLeaf, a vertically integrated cannabis company in Nevada.
Cannabis MSO Ayr Wellness raises $150 million in capital after acquisitions
Multistate cannabis operator Ayr Wellness borrowed approximately $150 million in an additional offering of senior secured notes.
Metrc acquires Guam’s marijuana track-and-trace contract
Marijuana track-and-trace service Metrc signed a contract to provide seed-to-sale traceability services to the U.S. territory of Guam, the Florida-based company said Monday.
Colorado marijuana sales shrink to $181.1 million in September
Sales of regulated marijuana in Colorado totaled more than $181.1 million in September, according to a summary published by the state’s revenue department.
Cannabis MSO Jushi seeks to raise up to $397.3 million
Marijuana multistate operator Jushi Holdings plans to raise up to 500 million Canadian dollars ($397.3 million) by way of a new preliminary short form base shelf prospectus filed in Canada.
Cannabis MSO Verano entering Connecticut via acquisitions
Chicago-based cannabis multistate operator Verano Holdings announced its expansion into Connecticut with multiple acquisitions, including one completed deal and two pending purchases.
Springbig to go public on Nasdaq via marijuana SPAC transaction
Marijuana industry marketing and loyalty company Springbig plans to go public by way of a merger with Tuatara Capital Acquisition, a special purpose acquisition corporation (SPAC).
How to sell your marijuana retail store without selling yourself short
Whether it’s a single-store deal or the sale of a multiple-outlet chain, successfully navigating the acquisition of your cannabis retail business takes stamina, foresight and emotional intelligence.
Landlords welcome cannabis stores to major Ontario shopping malls
Major free-standing shopping malls in Ontario, Canada, are throwing open their doors to cannabis stores, signaling the evolution of marijuana retail in the nation beyond more typical street-facing and strip-mall locations. The impending growth in cannabis store mall...
