Massachusetts banks increasingly eyeing high-growth marijuana industry
While some banks still shy away from cannabis, others increasingly are embracing the industry, as evidenced by a…
News March 16
Latest In: Finance
Chicago Atlantic, others lend $30 million to Florida medical marijuana company
Cannabis industry real estate lender Chicago Atlantic Real Estate Finance says has led a $30 million senior secured…
News March 16
What’s on tap for marijuana tech platform Weedmaps’ parent: Q&A with CEO Chris Beals
WM Technology CEO Chris Beals discusses the company's strong financial performance last year, what's on tap in 2022…
News March 16
Cannabis producer CannTrust emerges from creditor protection
Vaughn, Ontario-based CannTrust Holdings has exited court-supervised proceedings under the Companies Creditors Arrangement Act after a key subsidiary…
News March 15
Ancillary cannabis grow firm Agrify raises $135 million in additional capital
Agrify, an ancillary cannabis cultivation company, signed a definitive agreement to raise as much as $135 million in…
News March 14
Ancillary cannabis company Greenlane cuts costs, seeks loan
Greenlane Holdings, a distributor of cannabis accessories, is undertaking cost-cutting measures in a bid to raise capital and…
News March 11
British American Tobacco ups stake in cannabis producer Organigram
British American Tobacco is investing another 6.35 million Canadian dollars ($5.1 million) in Organigram, increasing its stake in…
News March 10
Montana cannabis company Bloom raises $11 million in debt financing
Vertically integrated cannabis company Bloom Montana raised $11 million in debt financing via a deal with marijuana lender…
News March 10
Scotts warns of sales reduction in cannabis grow-supply segment
Scotts Miracle-Gro issued a new sales reduction estimate for its indoor cannabis cultivation supply segment, the Hawthorne Gardening…
News March 9
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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