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Cannabis MSO 4Front nets $33 million from sale-leaseback deal

Cannabis multistate operator 4Front Ventures said it has completed a sale-leaseback of cultivation and production facilities in Massachusetts and Washington state, generating $33 million to pay down debt and for…

News December 18
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Red White & Bloom borrows $60 million to buy Illinois marijuana grow facility

Toronto-based marijuana multistate operator Red White & Bloom Brands secured a $60 million loan, then signed a definitive agreement to acquire an Illinois medical and recreational cultivation facility for $32.5…

News December 18
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Barbados eyes January start for medical cannabis industry

Barbados has set January 2021 for the launch of its medical cannabis sector as the country looks to gain a competitive edge over other Caribbean nations planning to capitalize on…

News December 18
Peter Caldini, CEO, Acreage Holdings cannabis company

Cannabis MSO Acreage appoints former top Pfizer executive as CEO

Multistate marijuana company Acreage Holdings Inc. has appointed Peter Caldini as chief executive officer.

News December 18
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Cannabis producer Clever Leaves starts trading on Nasdaq

Shares of Clever Leaves Holdings began trading on the Nasdaq on Friday, making the company the first cannabis producer with its main operations in Colombia to trade on a large…

News December 18
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Canadian cannabis sales pick up pace to CA$270 million in October

Canadian adult-use marijuana sales reached 270 million Canadian dollars ($211.7 million) in October as the pace of monthly sales growth accelerated to 5.1%. The monthly sales figures imply an annual…

News December 18
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Oregon cannabis regulators ban additives first seen in vaping crisis, require more disclosure

A recall of cannabis vape products in Oregon is shedding light on additional non-cannabis additives that have potential to harm consumers and leading to a change in how marijuana regulators…

News December 18
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Ontario cannabis wholesaler hails ‘largest jump’ in legal market capture

Residents of Canada’s biggest province by market size are buying more and more cannabis from the legal market, the Ontario Cannabis Store (OCS) says in a new quarterly report. Legal…

News December 17
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Aurora Cannabis strikes deal to sell cultivation facilities, document suggests

Canadian producer Aurora Cannabis has an agreement in principle to sell at least two cultivation facilities in Canada that were closed earlier this year, Marijuana Business Daily has learned. The…

News December 17
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