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Montana cannabis company Bloom raises $11 million in debt financing

Vertically integrated cannabis company Bloom Montana raised $11 million in debt financing via a deal with marijuana lender Altmore Capital.

News March 10
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For some, US marijuana industry becoming a David-versus-Goliath battle

Is the U.S. marijuana industry evolving into a David-versus-Goliath confrontation? A number of marijuana business officials and advocates characterize today's cannabis industry as figurative warfare, pitting large companies seeking to…

News March 10
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DC’s recreational marijuana ambitions blocked in federal bill

Washington DC would continue to be barred from launching a recreational marijuana market under the U.S. congressional budget released Wednesday.

News March 9
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Cannabis producers Pure Sunfarms, Zyus receive EU-GMP certification

Two Canadian medical cannabis producers received European Union-Good Manufacturing Practice (GMP) certification, an essential step to exporting cannabinoids to fast-growing EU markets.

News March 9
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Missouri lawmakers weighing business-friendly recreational marijuana bill

The Missouri Legislature is considering a measure that would preempt a potential recreational marijuana ballot initiative favoring existing medical cannabis operators and put in place a more wide-open, adult-use law.

News March 9
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Scotts warns of sales reduction in cannabis grow-supply segment

Scotts Miracle-Gro issued a new sales reduction estimate for its indoor cannabis cultivation supply segment, the Hawthorne Gardening Co., blaming "an oversupply" of the plant.

News March 9
Charts showing the growth of vape and pre-roll marijuana categories in 2021

Marijuana vapes, pre-rolls popular among US consumers seeking potency, innovation

Vape pens and pre-rolls continue to grow in popularity among U.S. marijuana consumers seeking out more potent products, as well as those excited about innovations in each category.

News March 9
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AFC Gamma provides nearly $50 million of capital to three cannabis companies

Florida-based lender AFC Gamma said it recently provided $46.3 million of capital to three cannabis companies as part of expanded credit facilities.

News March 8
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New rules for Michigan’s marijuana program, including lower fees, take effect

Michigan regulators are implementing new rules for the state's marijuana program, including lower application fees and the removal of tiers.

News March 8
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