Marijuana operator Harborside closes first tranche of $77.3M debt financing
Oakland, California-based vertically integrated marijuana firm Harborside closed the first tranche of a $77.3 million debt financing deal.
News February 11
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Eyeing ‘real’ markets, Aurora’s medical cannabis sales surge in quarter
Aurora Cannabis eked out a third consecutive quarter of revenue growth on the back of rising medical sales,…
News February 11
Cannabis REIT closes on $40 million sale-leaseback in New Jersey
Innovative Industrial Properties (IIP) acquired a marijuana property in New Jersey from Ascend Wellness for $35.4 million and…
News February 11
Nasdaq grants cannabis firm Sundial extension to regain compliance
Canadian cannabis producer Sundial Growers has been given a 180-day reprieve to regain compliance with the Nasdaq market’s…
News February 10
Why IIP canceled a cannabis notes issue + NY adult-use permits in jeopardy
Innovative Industrial Properties (NYSE: IIPR), the largest REIT focused on the cannabis industry, on Feb. 1 announced a…
News February 9
Cannabis producer Hexo cuts 180 jobs in bid to save cash
Struggling cannabis producer Hexo Corp. is cutting 180 jobs as part of its bid to reduce corporate spending…
News February 9
Red White & Bloom acquires Michigan marijuana operator PharmaCo
Canada-based multistate operator Red White & Bloom Brands (RWB) closed its acquisition of PharmaCo, a Michigan marijuana company.
News February 9
Canopy Growth loses CA$115 million in quarter on lower cannabis sales
Canopy Growth reported a net loss of 115 million Canadian dollars ($90 million) in its quarter ended Dec.…
News February 9
Medical cannabis company FarmaceuticalRX borrows $34 million from Chicago Atlantic
FarmaceuticalRX, a medical cannabis producer with operations in Ohio and Pennsylvania, closed a $34 million loan from cannabis…
News February 8
Cannabis platform Leafly closes merger with SPAC, goes public on Nasdaq
Cannabis commerce platform Leafly Holdings started trading Monday on the public stock markets after completing its previously announced…
News February 7
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