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Why cannabinoid bans fail, and what the federal hemp THC ban extension actually gave operators
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California Marijuana Notebook: How illicit market competition, industry divisiveness hound the state’s legal cannabis market
It's an open secret in the California marijuana industry that since the state launched licensed adult-use sales in 2018, many - if not most - legal operators have done business illegally…
News February 20
Investment experts shed light on marijuana prospects in 2020
The cannabis investing landscape has changed significantly in the past 12 months. A year ago, the industry saw a record number of deals of record size; now, capital has become…
News February 19
California extraction firm that serves cannabis sector sells for $50 million
Gibraltar Industries, a diverse manufacturing company based in Buffalo, New York, paid $50 million for the assets of Delta Separation, an ethanol extraction equipment manufacturer that sells to the cannabis…
News February 19
Grassroots Cannabis inks $19.7 million sale-leaseback deal
NewLake Capital Partners is buying and leasing back 10 marijuana retail stores in six states from Chicago-based Grassroots Cannabis in a deal valued at up to $19.7 million. NewLake, which…
News February 19
Scatterday appointed CEO of marijuana tech firm Tilt Holdings
Tilt Holdings, a Massachusetts-based cannabis company with a focus on technology, on Wednesday installed Mark Scatterday as permanent CEO. He had served as the company’s interim CEO since May 2019. In…
News February 19
Colorado marijuana sales soar to $1.75 billion in 2019
Colorado’s recreational and medical cannabis retailers sold a record $1.75 billion in product last year, increasing the state’s total to a whopping $7.79 billion since the 2014 launch of adult-use…
News February 19
Pay to play: Cannabis brands fork over cash for retail shelf space
The increasingly competitive cannabis market is fostering a pay-to-play mentality among both marijuana retailers and the brands they carry.
News February 19
Majority of German parliament favors recreational cannabis reform, but change neither sure nor imminent
One of the German government coalition parties clarified its stance on recreational marijuana last week in favor of decriminalizing possession and allowing pilot programs involving the legal distribution of adult-use…
News February 18Comp Tables as of Feb. 18, 2020: Multiples rise as 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 February 18
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