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Many landlords will take cash from marijuana tenants, report says
About twice as many U.S. landlords will take cash for rent from cannabis companies than those who will not, according to a report from the National Association of Realtors. In…
News February 12
Large US cannabis companies look to debt funding versus equity and sale-leaseback deals
Big marijuana companies in the United States increasingly are turning to debt as a funding tool, spurred by falling cannabis stock prices and terms that are more attractive than those…
News February 12
Another Louisiana grower set for initial medical cannabis harvest
Medical marijuana dispensaries in Louisiana could have a new MMJ product source as soon as March or April, with Southern University poised to begin harvesting its first crop next week.
News February 11
How cannabis vape companies can win back consumer confidence: Q&A with scientist Robert Strongin
The rate of people sickened or killed in the vaping health crisis has slowed dramatically since last year, but scientist Robert Strongin worries that vape companies and oil manufacturers might…
News February 11
German insurer paints picture of nation’s growing medical cannabis industry
Applications for reimbursement of medical cannabis expenses by Germany’s second-largest health insurer doubled from 2017 to 2019, signaling robust growth in the use of the drug. Flower remained one of the…
News February 11
Alberta set to roll out recreational cannabis vapes ‘in next couple of weeks’
Alberta has notified its 416 adult-use cannabis retailers they will be able to order vape products from the provincial wholesaler as early as this week, opening the door to sales within…
News February 11
Weedmaps cracking down on illicit Michigan marijuana ads
Online cannabis advertising giant Weedmaps has stopped accepting ads from Michigan marijuana companies that can’t show proof they have valid state business license numbers. California-based Weedmaps also is allowing users to “flag”…
News February 11Comp tables as of Feb. 10: Estimates and multiples drop
Average trading multiples for U.S.-focused operators are 2.5X 2020 sales and 12.5X 2020 EBITDA, down from last week’s 2.6X and 13.4X, respectively. The big changes are that consensus revenue expectations…
News February 11
Berlin-based Sanity raises $22 million in Europe’s ‘largest cannabis financing round’
Sanity Group, a medical cannabis and wellness company headquartered in Berlin, has completed what it is calling the largest round of cannabis financing in Europe to date. The round was led by…
News February 11
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