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Cannabis MSO MedMen loses chief revenue officer

The chief revenue officer has resigned at California-based cannabis multistate operator MedMen, a little more than a year since she assumed the role.

News February 14
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California localities detail plans to spend $100 million to fix marijuana licensing logjam

California’s Department of Cannabis Control has started to disperse $100 million to 17 municipalities and counties to help them transition thousands of marijuana businesses holding temporary licenses over to annual permits.

News February 14
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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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