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Senate Democrat signs onto Trump-defying Republican proposal to ban hemp THC
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Scotts Miracle-Gro arm invests $3.2M in marijuana ag-tech venture
Ohio-based Scotts Miracle-Gro’s new marijuana investment subsidiary, The Hawthorne Collective, has made another deal.
News August 17
Illinois, Michigan establish monthly cannabis sales records in July
Midwest cannabis states Illinois and Michigan set sales records for their respective markets last month, with Illinois hitting $128 million and Michigan reaching $171 million. Illinois’ sales benefited from the…
News August 17
Trulieve reiterates support of marijuana CEO amid husband’s conviction
Marijuana multistate operator Trulieve Cannabis distanced itself from the conviction of CEO Kim Rivers’ husband on five public corruption charges connected to his real estate development business. “We have consistently…
News August 17
Harvest closes $29.5 million Maryland sale-leaseback deal with cannabis REIT
Multistate marijuana operator Harvest Health & Recreation on Monday closed a sale-leaseback transaction, selling a cultivation and processing facility in Hancock, Maryland, to Innovative Industrial Properties for $16.6 million.
News August 17
California completes marijuana regulatory agency merger; new cannabis czar takes over
California Gov. Gavin Newsom’s Department of Cannabis Control aims to unclog a glut of temporary licenses and transition them to annual permits as well as ease regulatory red tape and…
News August 17
Canadian cultivator Bonify shutting down in wake of illegal cannabis sales scandal
Canadian cannabis cultivator Bonify Holdings Corp. is shutting down, 2½ years after its sales license was suspended because the company sold illegally sourced marijuana into the regulated market. Another Canadian…
News August 17
Why the cannabis industry should make room for mushrooms
While there is still much growth and revenue to be made and capitalized on in the cannabis industry, many people have started to notice the “'shroom boom” and its potential.
News August 17
Marijuana real estate investor NewLake closes on $100 million IPO
Connecticut-based NewLake Capital Partners, which provides real estate capital to state-licensed marijuana operators, said it closed on an initial public stock offering of more than $101 million. The offering of…
News August 16
Cannabis MSO PharmaCann plans stock offering, report says
Chicago-based cannabis multistate operator PharmaCann reportedly intends to go public in the fall with an initial stock offering that could be valued at more than $1 billion. PharmaCann, which has…
News August 16
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