Latest In: Arizona

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AFC Gamma provides nearly $50 million of capital to three cannabis companies

Florida-based lender AFC Gamma said it recently provided $46.3 million of capital to three cannabis companies as part…

News March 8
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Cannabis MSO Verano taps $100 million in debt financing to support expansion

Cannabis multistate operator Verano Holdings said it has drawn an additional $100 million under its existing credit agreement…

News March 2
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Arizona cracking down on two marijuana testing labs

Arizona regulators sent notices of intent to revoke the licenses of two marijuana testing laboratories for allegedly using…

News February 22
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Led by gummies, edibles keep pace with growth of overall US cannabis market

Gummies continue to dominate the U.S. edibles market, particularly among new marijuana consumers, although other consumable products are…

News February 16
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Trulieve adds another growing facility to Arizona cannabis holdings

Trulieve Cannabis acquired a 64,000-square-foot cultivation facility in Phoenix for $13.75 million in cash, a move that increases…

News February 15
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Limited-license marijuana markets hamper diversity and equity, study says

Twenty-seven states have limited-licensing schemes that lead to the lack of diversity in the marijuana industry, according to…

News February 10
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AZ judge dismisses marijuana social equity lawsuit, but plaintiffs vow to fight

A lawsuit that attempted to keep coveted social equity marijuana business licenses in Arizona out of the hands…

News February 1
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Cannabis MSO Verano eyes lucrative markets with $413 million acquisition

Verano Holdings signed a definitive agreement to acquire Goodness Growth Holdings for roughly $413 million, a move that…

News February 1
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Arizona marijuana sales total $1.23 billion in 2021

One year after Arizona legalized recreational cannabis, licensed companies have sold $1.23 billion in adult-use and medical marijuana…

News January 25
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Marijuana MSO Curaleaf completes $211 million Bloom acquisition in Arizona

Marijuana multistate operator Curaleaf Holdings finished up its previously announced acquisition of vertically integrated Arizona cannabis company Bloom…

News January 19
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