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Table showing 2021 financial performances of marijuana multistate operators

US cannabis MSO revenue surges in 2021, fueled by expansion, acquisitions

The top cannabis multistate operators in the U.S. posted huge revenue gains in 2021 over the previous year…

News April 5
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Massachusetts regulators approve transfer of cannabis banking business

Massachusetts' Needham Bank completed its acquisition of Eastern Bank, including the transfer of the cannabis banking and money…

News April 4
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Cannabis investor IIP prices share offering to raise $300 million

Cannabis real estate investment trust Innovative Industrial Properties (IIP) priced an underwritten share offering to raise roughly $300…

News April 1
Auxly Cannabis Group
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Marijuana firm Auxly’s quarterly loss improves to CA$18 million

Auxly Cannabis Group, based in Toronto, lost 18.4 million Canadian dollars ($14 million) in its quarter ended Dec.…

News March 31
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Delta 9 Cannabis closes acquisition, announces private placement

Manitoba, Canada-based marijuana grower and retailer Delta 9 Cannabis closed a deal to acquire 17 stores in Alberta…

News March 31
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The secret to financing cannabis operations: Q&A with Bespoke Financial CEO George Mancheril

George Mancheril, CEO of Los Angeles-based Bespoke Financial, offers tips on how to cannabis operators can finance their…

News March 30
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Scotts-backed RIV Capital buys New York marijuana operator Etain for $247M

A Canadian investment firm bankrolled by a unit of lawn and garden giant Scotts Miracle-Gro agreed to purchase…

News March 30
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Arizona group plans marijuana-friendly Las Vegas hotel with $11.9M acquisition

A boutique hotel property near the Las Vegas Strip has been sold to an Arizona company with plans…

News March 30
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Cannabis manufacturer Valens raises $22.5 million in bought deal offering

Canadian cannabis product manufacturer The Valens Co. announced a bought deal offering worth $22.5 million (28.1 million Canadian…

News March 30
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Company tapped by DEA to grow marijuana for research files to list on Nasdaq

A Florida company with "conditional approval" from the U.S. Drug Enforcement Administration to cultivate marijuana for research purposes…

News March 29
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