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Marijuana MSO Ascend Wellness aims to raise $80 million via IPO
Multistate operator Ascend Wellness Holdings plans to raise $80 million through an initial public offering aimed at bankrolling marijuana investments in Ohio and New York as well as future acquisitions.
News April 29Columbia Care acquires New York cannabis cultivation site for $42.5M
Multistate cannabis operator Columbia Care is spending $42.5 million in cash and stock to acquire a 34-acre cultivation site in its home state of New York.
News April 29How to decide on synthetic versus organic fertilizers for cannabis plant nutrition
Cannabis is a heavy-feed crop, requiring plenty of nutrition to produce high yields.
News April 29Tobacco giant Philip Morris eyes marijuana market opportunities
Multinational tobacco company Philip Morris International reportedly is analyzing the marijuana industry for its market possibilities but hasn’t yet determined its next move. The New York-based cigarette maker told Bloomberg…
News April 28Canadian cannabis firm Valens seeks Nasdaq listing
Canadian cannabis product manufacturer The Valens Co. announced its initial application to list shares on the Nasdaq exchange in the United States. As part of the Nasdaq listing plan, Valens…
News April 28Oklahoma cracking down on lawbreaking marijuana companies
Oklahoma law enforcement officials are conducting a wide-ranging investigation into legal medical marijuana businesses they say might also be involved in illicit street sales.
News April 285 strategies for using water-soluble cannabinoids in cannabis drinks
Extraction scientists and formulators are racing toward faster and cheaper ways to make cannabinoid molecules – hydrophobic and therefore impossible to dissolve in water – suitable for incorporating into drinks.
News April 28Virginia creating three cannabis oversight boards for adult-use program
Virginia state officials must appoint three oversight boards before marijuana becomes legal for citizens to possess and consume in July, including an industry panel that will be in charge of…
News April 27Maryland medical marijuana sales hit $1 billion since launch
Maryland’s medical marijuana industry in April reached more than $1 billion in total retail sales since launching 40 months earlier on Dec. 1, 2017.
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