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Massachusetts cannabis regulators catch THC potency inflation in recent sting
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Marijuana real estate lender AFC Gamma to raise up to $105M in IPO
Marijuana industry real estate investment trust Advanced Flower Capital, also known as AFC Gamma, is planning an initial public offering on the Nasdaq exchange that's intended to raise approximately $91…
News February 4
Power REIT acquires Canndescent cannabis greenhouse for $7.7 million
New York-based Power REIT on Thursday announced the acquisition of a 37,000-square-foot Southern California greenhouse used for cultivation of commercial cannabis in a cash and stock deal worth $7.7 million.…
News February 4
SBA nominee indicates openness to examining marijuana restrictions
President Joe Biden’s nominee to run the U.S. Small Business Administration said during a Senate confirmation hearing that she will examine SBA rules regarding state-legal marijuana businesses and overall is…
News February 4
Mississippi sets July 1 timetable for finalizing medical cannabis rules
Regulations for Mississippi’s medical cannabis program likely will be in place by July 1, according to members of the state Board of Health, but it’s still unknown when sales will…
News February 4
Legal recreational cannabis sales in Canada outstrip illicit spending for first time
Sales of regulated adult-use cannabis in Canada overtook illegal transactions for the first time in the third quarter of 2020, according to new Statistics Canada data. That development demonstrates the…
News February 4
Funding for marijuana companies surges after Democrats win control of White House, Congress
A Democratic election trifecta - control of the White House and both chambers of Congress - is giving marijuana industry executives hope for federal reform and encouraging investors to pump…
News February 4
L.A. social equity marijuana retailers allowed to apply for state licenses
Roughly two dozen of 200 upcoming social equity marijuana retailers in Los Angeles got the greenlight from city regulators to apply for the required state permits, marking slow but steady…
News February 3
Pennsylvania governor makes budget pitch for legalizing recreational cannabis
Pennsylvania Gov. Tom Wolf, as expected, has made legalizing recreational cannabis one of his administration’s top legislative priorities this year. Wolf highlighted recreational marijuana in his budget proposal Wednesday and…
News February 3
Medical cannabinoid firm GW Pharma to be acquired by Jazz Pharmaceuticals for $7.2 billion
Global pharma company Jazz Pharmaceuticals has reached an agreement to buy U.K.-based GW Pharmaceuticals, one of the largest medical cannabinoid businesses in the world, for $7.2 billion in cash and…
News February 3
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