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Connecticut sees rush of applications for recreational marijuana business licenses
As a deadline looms in Connecticut for businesses to apply for recreational marijuana licenses, regulators say applications are flooding in.
News April 29
Cannabis MSO MedMen appoints another chief executive
Los Angeles-based cannabis multistate operator MedMen Enterprises appointed Edward Record as chief executive officer, effective immediately.
News April 29
Legislative effort to legalize recreational marijuana in New Hampshire dies
The New Hampshire Senate, as expected, rejected a recreational marijuana legalization bill that would have created state-run stores.
News April 29
What the changing face of financing means for US cannabis cultivation, retail sectors
As recently as 2018, cultivation- and retail-sector financing was almost exclusively the domain of private companies, according to data from the Viridian Deal Tracker. But public debt financing has been…
News April 29
Marijuana REIT IIP provides $45 million in funding to PharmaCann in New York
Marijuana real estate investment trust Innovative Industrial Properties announced $45 million worth of funding to privately held multistate cannabis operator PharmaCann to expand its New York facility.
News April 29
Virginia lawmakers buck governor on delta-8 THC ban, smokable hemp
Last-minute political sparring over marijuana crimes appears to have prevented new limits on the cannabis industry in Virginia.
News April 29
Canadian cannabis producer Hexo appoints new CEO, CFO yet again
Major Canadian cannabis company Hexo Corp. appointed its third chief executive in less than a year and its sixth chief financial officer since 2019.
News April 29
As more states legalize marijuana, CBD retailers face an identity crisis
Legal and lightly taxed, CBD operators have enormous business advantages compared to their colleagues growing and selling high-THC cannabis and its extracts. But how will they fit in the overall…
News April 29
Michigan cannabis company Fluresh arranges $48M in new debt, refinancing
Vertically integrated Michigan cannabis operator Fluresh announced $25 million in new debt from an unspecified "federally regulated commercial bank headquartered in southeast Michigan," alongside a $23 million debt refinancing from…
News April 28
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