Florida Medical Marijuana News
Technology company Forian said it is selling cannabis software provider BioTrack for $30 million in cash to Alleaves and exiting the marijuana industry to focus on health care.
Miami-based multistate marijuana operator Ayr Wellness is divesting its recently acquired Arizona assets and entering the Ohio market.
California-based cannabis multistate operator MedMen Enterprises is warning investors that it might not have enough money to “meet its obligations” for the next year and that there are questions about its ability to stay in business.
Florida’s medical marijuana industry soon will be open to new business entrants for the first time in more than five years.
The campaign to legalize adult-use marijuana in Florida has collected enough signatures to trigger a state Supreme Court review of the initiative.
Miami-based multistate cannabis operator Ayr Wellness eliminated 180 jobs across the United States, a spokesperson confirmed to MJBizDaily.
When it comes to borrowing money, most roads in cannabis lead to real estate. Lenders look for assets, and few options exist for no-asset lending.
