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Study: Banking action rose in first adult-use cannabis states after legalization

Banking activity increased measurably in the first four states that legalized adult-use cannabis, according to a new white paper.

News February 14
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Marijuana operator Harborside closes first tranche of $77.3M debt financing

Oakland, California-based vertically integrated marijuana firm Harborside closed the first tranche of a $77.3 million debt financing deal.

News February 11
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Eyeing ‘real’ markets, Aurora’s medical cannabis sales surge in quarter

Aurora Cannabis eked out a third consecutive quarter of revenue growth on the back of rising medical sales, but the Alberta-based licensed producer still reported a loss of 75.1 million…

News February 11
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VA adult-use marijuana implementation uncertain given partisan gridlock

Bills introduced in the Republican-controlled Virginia House of Representatives to implement the state's recreational marijuana market now appear dead in the water.

News February 11
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Cannabis REIT closes on $40 million sale-leaseback in New Jersey

Innovative Industrial Properties (IIP) acquired a marijuana property in New Jersey from Ascend Wellness for $35.4 million and secured a long-term lease with the company.

News February 11
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New PAC founded to unseat marijuana prohibitionists in Congress

A new political group has been formed with the express intent of ousting members of Congress who don't support marijuana reform.

News February 11
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Power company clarifies stance on supplying MS medical cannabis growers

Medical cannabis growers in northern Mississippi might still be able to receive power from a major wholesale energy supplier in the region.

News February 11
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NFL’s changing perception of marijuana sharing center stage with Super Bowl

Marijuana has become part of the hype and hoopla running up to Sunday's Super Bowl. But it’s not because the league suspended any players for failing or missing testing for…

News February 11
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Colorado’s 2021 cannabis sales set another annual record at $2.22 billion

Colorado set another record in 2021 with $2.22 billion in combined sales of medical and recreational cannabis.

News February 10
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