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Atlanta group poised to enter marijuana sector using REIT model

UC Asset, an Atlanta-based real estate investment group, announced its intent to acquire an indoor-outdoor medical marijuana property in Oklahoma City.

News January 20
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Canadian cannabis retail prices declined in 2021, led by vapes, concentrates

Retail prices for Canadian recreational cannabis products fell across the board in 2021, as retailers and producers sold them for less to entice price-sensitive consumers and capture market share.

News January 20
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Synthetic CBD might offer protection from COVID-19, Canadian research shows

More research saying cannabinoids might protect human cells from COVID-19 was released this week by scientists in Ontario, Canada, who work with synthetic CBD.

News January 20
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2022 brings new markets, opportunities for California marijuana firms

More than a dozen California cities are opening new recreational cannabis licensing opportunities this year, either by embracing the legal marijuana industry for the first time or by increasing the…

News January 20
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Mississippi poised to legalize medical cannabis after House passage

Mississippi is on the verge of legalizing a commercial medical cannabis program after the state House of Representatives on Wednesday voted 104-14 in favor of a bill to launch an…

News January 19
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EBTIDA versus net profit: Making sense of a cannabis financial mess

California cannabis operators cheered when Gov. Gavin Newsom pledged to overhaul the state’s tax structure to shore up the troubled industry. While the proposal is short on details, reducing state…

News January 19
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Marijuana MSO Curaleaf completes $211 million Bloom acquisition in Arizona

Marijuana multistate operator Curaleaf Holdings finished up its previously announced acquisition of vertically integrated Arizona cannabis company Bloom Dispensaries.

News January 19
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Silver Spike aims to raise $125 million for cannabis loans, investments

Silver Spike Investment Corp. announced plans to raise $125 million through an initial public stock offering and use the proceeds to make loans or equity investments in “middle-market” cannabis companies.

News January 19
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New Mexico doubles marijuana plant count ahead of adult-use sales

New Mexico marijuana companies are allowed to double the amount of marijuana plants they can grow after regulators approved a change to the law.

News January 19
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