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Why cannabinoid bans fail, and what the federal hemp THC ban extension actually gave operators
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NYSE aims to boot CannTrust after concluding cannabis producer ‘no longer suitable for listing’
The New York Stock Exchange's regulatory enforcement arm has initiated the delisting process for CannTrust after concluding the Canadian cannabis producer "is no longer suitable for listing."
News March 31Comp tables as of March 30, 2020: Multiples expand as US estimates decline
These comp tables provide a benchmark for private investors to evaluate existing and future investments, a way for companies to judge their own valuations for current and future capital raises…
News March 31L.A. cannabis licensing audit finds flawed process, no corruption
The marijuana business licensing round in Los Angeles last September was "confusing and prone to human error," but city regulators did not bungle the process to the point that applicants…
News March 31Is MedMen’s restructuring through equitized debt a template for the industry?
MedMen Enterprises is undergoing a slow-motion restructuring of its capital structure and operations in public view as its lenders, led by Gotham Green Partners, equitized the company's credit facility into something resembling…
News March 31New York adult-use marijuana legalization appears stalled
Recreational cannabis legalization in New York likely will be shelved for now because of the coronavirus crisis, but experts expect the legislation to be back in play later this year.…
News March 31Two Iowa medical cannabis dispensaries close
Two medical marijuana dispensaries in Iowa permanently closed their doors.
News March 31Recreational cannabis sales in three key markets still falling after initial coronavirus-related spike
Despite a couple of temporary sales spikes in recent weeks, adult-use cannabis sales in California, Colorado and Washington state are all suffering from the economic fallout surrounding the coronavirus pandemic.…
News March 31Colorado marijuana retailers get OK to resume in-store sales
Colorado regulators delivered good news to the state’s recreational cannabis store operators: They can resume selling their products inside their storefronts. The state Marijuana Enforcement Division (MED) bulletin informing cannabis businesses they…
News March 31Florida Cannabis Market Update: Stockpiling for coronavirus?
Florida cannabis total milligrams sold declined week-over-week, but we believe that is a product of panic buying because of coronavirus concerns.
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