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Why word of mouth still drives cannabis deals
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Marijuana industry sees the rare leveraged buyout in Curaleaf deal
Multistate operator Curaleaf Holdings (CSE: CURA; OTCQB: CURLF) on Dec. 28 announced the acquisition of Bloom Dispensaries, a private, integrated Arizona marijuana operator, in a deal valued at $211 million.
News December 29
5 charts that explain the cannabis industry’s unpredictable 2021
Political and pandemic upheavals made 2020 an exceptional year. And the roller-coast ride failed to slow in 2021, marking a second straight year of extreme unpredictability for the cannabis industry.
News December 29
Marijuana M&A sizzled in 2021 and is poised for a hot 2022
Marijuana merger and acquisition activity proceeded at a torrid pace in 2021 - and could accelerate in 2022 - thanks to lower interest costs and pressure on larger companies to…
News December 28
MJBizDaily’s most-read cannabis business stories of 2021
With an ongoing pandemic, a new president and Congress and five new state cannabis markets worth a collective $5 billion, 2021 has been a year like no other for the…
News December 27
Missouri high court to decide if medical marijuana business applications can be disclosed
The Missouri Supreme Court heard arguments in a case that might force state medical marijuana regulators to make public MMJ business license applications, a request made by a company that…
News December 23
Cannabis MSO Curaleaf acquires 10th Arizona license for $13 million
Cannabis giant Curaleaf Holdings said it entered a definitive agreement to acquire an Arizona retailer for $13 million, its 10th in the booming adult-use market.
News December 23
Marijuana greenhouse owner Power REIT announces $20 million debt financing
Real estate investment trust Power REIT secured a debt financing facility worth $20 million from an unspecified "commercial federally regulated bank," with room to borrow more in the future.
News December 23
How Auxly Cannabis beat ‘bigger’ Canadian rivals in 2021: Q&A with CEO Hugo Alves
Auxly Cannabis gained more share of Canada's recreational marijuana market than any of its competitors in 2021, and the Toronto-based licensed producer has its sights set on even more.
News December 23
A primer on the secondary sales market for marijuana greenhouses
Experts recommend that cannabis companies looking to make a successful sale of greenhouse facilities on the secondary market ensure their properties are well-maintained and priced appropriately as well as seek…
News December 23
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