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
Latest In: Finance
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
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
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
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
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
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
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
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
Cresco’s marijuana asset sales could hit $500 million after Columbia Care deal, analysts say
Cresco Labs is expected to sell off $250 million-$500 million worth of marijuana cultivation and retail licenses largely…
News March 29
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