Poseidon Asset Management, Salveo Capital, JM10 Partners and Shire Capital Advisors led the funding round.
Ascend has licenses in three states: Illinois, Massachusetts and Michigan.
More details on the funding round can be found here.
Event News
News Briefs
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Phoenix authorities bust cannabis vape operation
5 hours agoLongtime Bay Area cannabis trade school sues former CFO
September 18, 2019Civil rights groups want ‘holistic’ marijuana reform before banking vote
September 18, 2019 -
California cannabis testing lab raises $22.6 million for expansion
September 18, 2019Two plead guilty in Massachusetts marijuana license extortion case
September 18, 2019Chicago mayor wants to prohibit rec cannabis stores downtown
September 18, 2019Nevada regulators investigate marijuana lab testing facilities
September 18, 2019Survey: Many Ohio medical cannabis patients ‘very dissatisfied’ with program
September 17, 2019Maine marijuana regulators try to end seed-to-sale tracking confusion
September 17, 2019Linton back in cannabis business as chairman, investor and adviser
September 17, 2019GB Sciences sells Louisiana medical marijuana company for $16 million
September 17, 2019 -
Cresco Labs, Origin House near closing cannabis deal
September 17, 2019Utah lawmakers vote to increase medical marijuana dispensaries to 14
September 17, 2019New York move to ban flavored e-cigs spurs cannabis vape concerns
September 16, 2019Cresco Labs acquires marijuana company Tryke for $282.5 million
September 16, 2019Massachusetts testing lab fined $225,000 for improper cannabis disposal
September 16, 2019Marijuana banking bill appears headed to landmark US House vote
September 13, 2019Teva Israeli subsidiary signs cannabis distribution deal
September 13, 2019Marijuana industry donations to DC lawmakers already top 2018
September 13, 2019
News Briefs
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Cresco Labs, Origin House near closing cannabis deal
September 17, 2019Reports: Former cannabis heavyweight Tikun Olam to sell Israeli assets for $42 million
September 17, 2019Teva Israeli subsidiary signs cannabis distribution deal
September 13, 2019Aurora plots ‘significant’ US marijuana entry in ‘very short period’
September 13, 2019Look beyond customer count to assess marijuana revenue concentration
September 12, 2019Aurora Cannabis reports revenue of CA$99 million, a 418% jump
September 11, 2019FDA deadline to comment on international rescheduling of cannabis nears
September 11, 2019 -
Aurora Cannabis closes new loan deal worth as much as CA$200 million
September 11, 2019Netherlands to experiment with nonmedical marijuana commercial production
September 10, 2019Germany gets first cannabis samples from Australia, commercial import from Portugal
September 10, 2019Embattled Canadian marijuana firm CannTrust lays off 180
September 6, 2019Price, quantity key metrics for cannabis sector’s financial health
September 5, 2019New Zealand’s marijuana legalization referendum picks up major backer
September 4, 2019TruTrace Technologies, Deloitte ink cannabis tracking deal
September 4, 2019 -
Aurora Cannabis sells remaining stake in Green Organic Dutchman
September 4, 2019Cannabis firm Atlas expands to Denmark, plans large indoor production
September 3, 2019Tilray inks first deal to buy adult-use cannabis retailer in Canada for CA$110 million
August 29, 2019Origin House cannabis revenues rise, but losses mount
August 28, 2019MJBizDaily awards deadline is Saturday for cannabis leaders
August 28, 2019
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