New York Medical Marijuana News
The arrival of 2022 ushered in major changes to state marijuana markets across the nation, ranging from the launch of adult-use cannabis sales in Montana to flower being sold for the first time by medical marijuana retailers in Louisiana.
New York’s new governor plans to create a $200 million public-private fund to support the state’s ambitious social equity goals for its projected multibillion-dollar recreational marijuana industry.
MJBiz has been acquired by Emerald X, a wholly owned subsidiary of Emerald Holding, a New York-based business-to-business event and media company, for $120 million in cash plus potential earnouts.
MedMen Enterprises “materially breached” the terms of a deal in which Ascend Wellness Holdings would acquire most of MedMen’s New York marijuana operations, Ascend says.
With an ongoing pandemic, a new president and Congress and five new state cannabis markets worth a collective $5 billion, 2021 has been a year like no other for the cannabis industry.
Here’s a look back at MJBizDaily’s 10 most-read cannabis business stories of 2021.
Real estate investment trust Power REIT secured a debt financing facility worth $20 million from an unspecified “commercial federally regulated bank,” with room to borrow more in the future.
Two real estate lenders teamed up to lend $100 million to multistate cannabis operator Acreage Holdings, with an option for an additional $50 million.
