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Marijuana businesses seek alternatives to debt financing in slow capital market

Cannect Wellness raised $7 million in its second equity funding round; capital raises have been slow due to…

News October 8
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Eaze winding down cannabis delivery operations as new owners ponder future

The former CEO of California’s largest marijuana delivery service, Eaze Technologies, said its parent company is winding down…

News October 7
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Marijuana operator TerrAscend withdraws $26 million from senior secured loan

TerrAscend Corp., a Canadian-headquartered marijuana multistate operator with U.S. assets, said it withdrew $26 million from its $140…

News October 7
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Basketball great Carmelo Anthony enters new arena with cannabis brand, mission

Carmelo Anthony's 19-year NBA career included 10 All-Star nods and three Olympic gold medals. Today, he’s building a…

News October 7
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Ohio recreational marijuana sales near $90 million in 7 weeks

Barely seven weeks since the launch of Ohio’s recreational marijuana market, sales have reached almost $90 million.

News October 4
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Report details upside of New York’s adult-use cannabis market

New York regulators have issued a wide-ranging report on the state’s cannabis industry, which is finally showing signs…

News October 4
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What legalized psilocybin might look like in New Jersey

New Jersey lawmakers are hoping to succeed with psychedelics policy reform in ways their counterparts in California and…

News October 4
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Fed rate cut could be a game changer as cannabis industry debt maturity looms

Cannabis investments have been buoyed by the Federal Reserve's interest rate cut, but benefits to marijuana operators are…

News October 4
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Arkansas high court breathes life into medical marijuana ballot initiative

A ballot initiative that would significantly expand Arkansas’ medical marijuana program is still alive after the state's Supreme…

News October 3
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