Missouri-based multistate operator Greenlight Dispensary is believed to be the first big marijuana company to issue a dividend to investors – and it could be the last, at least for the foreseeable future.
Twitter is further loosening its limits on cannabis industry advertising, letting vetted, state-legal businesses show packaged marijuana products in their marketing campaigns while allowing ads in new U.S. markets.
Florida-based marijuana multistate operator Trulieve Cannabis closed on two commercial loans in December worth gross proceeds of $90.4 million, including a five-year arrangement for $71.5 million and a 10-year loan worth $18.9 million.
Heritage Cannabis Holdings Corp. is raising up to $20 million from Obsidian Global Partners by way of an equity line of credit agreement in which Obsidian will purchase shares of the Canadian marijuana company in private placements over time – when Heritage wants it to.
Mississippi signed a five-year agreement in which Texas-based Tyler Technologies will provide a platform to help state regulators process medical cannabis business applications and assorted registrations.