Economic challenges may extend US marijuana stock woes
The fierce bear market gripping U.S. marijuana stocks looks set to continue - barring a major legislative surprise…
News May 3
Latest In: Finance
Marijuana lender AFC Gamma gets $60 million revolving loan from 2 banks
Marijuana industry lender AFC Gamma has announced a revolving credit facility worth at least $60 million from two…
News May 2
What the changing face of financing means for US cannabis cultivation, retail sectors
As recently as 2018, cultivation- and retail-sector financing was almost exclusively the domain of private companies, according to…
News April 29
Marijuana REIT IIP provides $45 million in funding to PharmaCann in New York
Marijuana real estate investment trust Innovative Industrial Properties announced $45 million worth of funding to privately held multistate…
News April 29
Michigan cannabis company Fluresh arranges $48M in new debt, refinancing
Vertically integrated Michigan cannabis operator Fluresh announced $25 million in new debt from an unspecified "federally regulated commercial…
News April 28
Canadian cannabis retailer Choom granted creditor protection
Struggling Canadian cannabis retailer Choom Holdings and its subsidiaries received an order for creditor protection from the Supreme…
News April 27
Marijuana tech firm Lucid Green raises $10 million in capital
New York-based Lucid Green, which provides a high-tech, inventory-management platform for the marijuana industry, raised $10 million of…
News April 26
Cannabis retailer Fire & Flower posts revenue decline, cites competition
Toronto-headquartered cannabis retail chain Fire & Flower Holdings reported declining sequential retail revenue for the fourth quarter of…
News April 26
North Carolina bank to offer financial services to cannabis companies
A bank in Raleigh, North Carolina, launched a banking program dedicated to marijuana and CBD companies.
News April 25
Cresco seeks $38 million in tax breaks for New York marijuana production site
Multistate operator Cresco Labs is chasing tax breaks worth $38 million for its planned marijuana production and manufacturing…
News April 25
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