Marijuana MSO Ascend resolves suit, buys MedMen NY for $88 million
Marijuana multistate operator Ascend Wellness resolved a bitter, weekslong legal dispute with Los Angeles-based MedMen Enterprises by agreeing…
News May 11
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California cannabis tech firm Blaze buys Canada’s Greenline
California-based cannabis technology company Blaze Solutions acquired Canada-based dispensary point-of-sale software company Greenline.
News May 10
Marijuana REIT NewLake Capital inks $30 million credit facility
Marijuana industry real estate investment trust NewLake Capital Partners announced it secured a five-year revolving credit facility worth…
News May 9
What’s your best business strategy in advance of marijuana legalization?
Here are some tips on how to best run your marijuana business - and seek capital - until…
News May 4
Scotts Miracle-Gro sees cannabis supply sales decline, buys nutrient brand
Lawn and garden products giant Scotts Miracle-Gro reported a 44% year-over-year quarterly sales decline in its cannabis-focused Hawthorne…
News May 3
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
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
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