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Rhode Island medical marijuana program gets new regulatory chief
Rhode Island cannabis companies have a new regulatory chief to oversee the medical marijuana market.
News February 5California cannabis workers eligible for immediate COVID-19 vaccinations
The California Department of Public Health on Thursday issued an updated COVID-19 vaccination policy clarifying that cannabis industry employees are classified as health-care workers and therefore are immediately eligible to…
News February 5Scammers preying on Michigan marijuana businesses, regulator warns
Michigan’s marijuana regulatory agency is warning local cannabis companies that fraudsters are masquerading as regulators and industry executives in a bid to trick employees into sending money or security information…
News February 5Will GW’s multibillion-dollar sale ‘open floodgates’ to pharma-cannabis deal-making?
Jazz Pharmaceuticals' planned $7.2 billion takeover of United Kingdom-based GW Pharmaceuticals could kick off a wave of deal-making between pharma and medical cannabis companies, analysts and industry sources say.
News February 5Market for licensed marijuana businesses heats up as buyers snap up retail stores, other properties
The market for buying and selling licensed cannabis businesses has perhaps never been hotter, with demand fueled by new entrants into the industry, hopes for federal marijuana reform and multistate…
News February 5iAnthus receives $11M loan, go-ahead to finish New Jersey cannabis facility
Cannabis multistate operator iAnthus said it has closed on $11 million of financing to complete a build-out and improvements of a cultivation and processing facility in New Jersey.
News February 4Marijuana 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 4Power 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 4SBA 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…
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