MedMen

US cannabis listings in Canada rise as investor interest spikes

A record number of U.S.-based marijuana companies are turning to Canada to fund aggressive expansion in the United States and globally. The companies, which face investment constraints in the United States, are being lured by Canada’s cannabis-friendly capital markets and a growing appetite among international investors for American MJ assets. So far this year, 17 […]

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MedMen inks CA$75M equity financing deal to expand US cannabis operations

Los Angeles-based MedMen Enterprises says it expects to raise up to 75 million Canadian dollars ($57 million) in a bought-deal equity financing plan, with the proceeds to be used to expand its U.S. retail footprint. Here’s a rundown of the deal: Toronto-based Eight Capital and Cormark Securities – as co-lead underwriters and joint bookrunners – […]

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Week in Review: New Ohio processing licenses, CA marijuana black market & Florida judge nixes MMJ business cap

Ohio awards provisional medical marijuana processing licenses, a cannabis consumer survey in California confirms licensed MJ businesses are losing market share to illicit operators, and a Florida judge says a state law restricting the number of MMJ businesses runs afoul of a voter-approved constitutional amendment. Here’s a closer look at some notable developments in the […]

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Ontario’s cannabis pivot could create massive retail opportunities

A week after it was reported that Ontario froze leasing efforts for its monopoly cannabis retail chain, Canada’s largest province appears to be on the verge of handing adult-use marijuana sales entirely to the private sector. The news, first reported by Cannabis Compliance Vice President Deepak Anand and then in The Globe and Mail, would reverse the […]

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Marijuana M&A activity spikes as some cannabis pioneers cash out

Merger and acquisition activity is accelerating across the cannabis industry as more companies land multimillion-dollar capital infusions and ink deals aimed at growing market share. The momentum is giving more company founders an opportunity to cash out at an attractive price – or leverage the deals to launch their next venture. The flurry of activity […]

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Corporate governance: 5 steps marijuana firms should take as they grow

Rapid growth across the cannabis industry is forcing thousands of firms to grow up fast – and it’s not always a smooth process. As companies hustle to gain market share and raise capital in an increasingly competitive environment, many are still playing catch up on basic corporate governance controls.

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US marijuana company Green Thumb Industries makes trading debut in Canada

Green Thumb Industries has joined the ranks of a growing list of cannabis firms to go public in Canada’s booming marijuana market, debuting on the Canadian Securities Exchange under the ticker symbol GTII. Increasingly, U.S. marijuana companies are turning to Canada’s public markets to tap easier-to-access capital.

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