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Cannabis REIT Innovative Industrial Properties to raise $300 million via notes offering

Cannabis real estate investment trust (REIT) Innovative Industrial Properties is launching a senior notes offering to raise an aggregate principal amount of $300 million.

News February 1
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Michigan recreational marijuana sales double in 2021, lifting overall market

Michigan’s recreational marijuana sales doubled in 2021, the program's sophomore year, fueling overall MJ sales and more than offsetting a decline in medical cannabis purchases.

News February 1
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Legal marijuana has added CA$43.5B to Canada’s GDP, report says

Canada's regulated cannabis industry has contributed 43.5 billion Canadian dollars ($34.2 billion) to the country's gross domestic product between recreational marijuana legalization in 2018 and 2021, according to a new…

News February 1
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US cannabis stocks tumbled in January, exacerbating issues confronting industry

U.S. cannabis stocks suffered a rout in January, tumbling more than the broader market as hopes for federal marijuana legalization in the near future continued to fade.

News February 1
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Delta-8 Debate: The 2018 Farm Bill gave rise to an unlikely intoxicant

The 2018 U.S. Farm Bill unleashed large supplies of CBD distillate, which can be turned into a rare, intoxicating cannabinoid: delta-8 THC.

News February 1
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Is delta-8 THC a threat to the marijuana industry?

Delta-8 THC has been most popular in states where traditional delta-9 cannabis is prohibited or highly restricted, a difference experts attribute to availability and access.

News February 1
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Rules governing delta-8 THC vary widely by state

The toughest job in cannabis right now might be keeping track of fast-moving laws surrounding a THC isomer few had heard of just two years ago. Delta-8 THC’s effects might…

News February 1
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Is hemp-derived delta-8 THC causing consumer confusion?

Delta-8 THC dominated sales in hemp shops around the country in recent years. But is this trend affecting CBD sales? Are consumers confusing delta-8 THC with CBD products?

News February 1
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Scientists believe bioreactors could augment cannabis agriculture

BioHarvest Sciences, a company that biosynthetically created grape and pomegranate extracts to sell to food ingredient companies and consumers, claims to have done the same with cannabis.

News February 1
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