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Canopy enlists first major bank to lead CA$175M marijuana equity financing
Canopy Growth became the first marijuana company in Canada to enlist a major Canadian bank to lead an equity-based funding, signaling a greater willingness by big financial institutions to provide financing…
News January 18
New York is considering recreational cannabis legalization
New York’s governor is urging state lawmakers to provide funding to establish a commission that would study the feasibility of legalizing adult-use marijuana in the state. The study would explore recreational…
News January 18
Canadian marijuana companies opening wallets to tap California market
A handful of Canadian marijuana companies are already knee-deep in California, deploying millions of dollars in cultivation facilities, retail outlets and branded products to establish a footprint in the world's largest…
News January 18
Canadian-listed marijuana company buys Florida MMJ license holder for $48M
A New York-based marijuana investment company used cash and its Canadian-listed shares to fund a $48 million acquisition of a licensed medical marijuana business in Florida. iAnthus Capital Holdings, an investor…
News January 17
Nevada closes in on permanent cannabis rules, but growers unhappy
After a contentious public comment session, Nevada’s marijuana regulators voted to make permanent most of the temporary rules that allowed the state to get an early start on its recreational cannabis…
News January 17
Crowdfunding effort nets CA$6.2M for Canadian hemp, marijuana company
A new crowdfunding method aimed at smaller investors helped a Canadian cannabis company raise 6.2 million Canadian dollars ($4.1 million). True Leaf Medicine, a company in Vernon, British Columbia, that makes…
News January 17
Maine delays cannabis social clubs until 2023
In another setback for Maine’s recreational marijuana industry, a legalization panel has voted to delay marijuana social clubs until 2023. The Marijuana Legalization Implementation Committee voted 5-1 to stall social…
News January 17
Judge orders Illinois to add intractable pain as a medical marijuana condition
An Illinois judge has ruled the state must add intractable pain to the list of medical marijuana qualifying conditions, a move that could greatly expand sales at the program’s 53 dispensaries.…
News January 17
Starting up, scaling and moving on: Q&A with cannabis pioneer Tripp Keber
Tripp Keber took many by surprise in December when he stepped down as CEO of Denver-based Dixie Brands, one of the most successful multistate companies in the marijuana industry. His decision to…
News January 17
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