Vetting potential cannabis partners & a high-cost debt deal
We’ve talked a lot about the different channels for receiving external funding for your cannabis operations - and…
News January 26
Latest In: Finance
Multistate operator to acquire California cannabis extraction firm for $120 million
Canada-based Icanic Brands, which offers its cannabis products in California and Nevada, entered into a definitive agreement to…
News January 26
Cannabis company BC Craft Supply seeks creditor protection
Vancouver, British Columbia-based BC Craft Supply Co. filed for temporary protection from creditors under Canada's Bankruptcy and Insolvency…
News January 26
Ex-chair of cannabis producer WeedMD gave friend insider information, watchdog alleges
A former chair of Canadian cannabis producer WeedMD illegally tipped off a longtime acquaintance about an unannounced greenhouse…
News January 24
Marijuana MSO PharmaCann raises $39.5 million through upsized debt offering
Privately held marijuana multistate operator PharmaCann raised net proceeds of $39.5 million through an upsized offering of senior…
News January 21
Atlanta group poised to enter marijuana sector using REIT model
UC Asset, an Atlanta-based real estate investment group, announced its intent to acquire an indoor-outdoor medical marijuana property…
News January 20
EBTIDA versus net profit: Making sense of a cannabis financial mess
California cannabis operators cheered when Gov. Gavin Newsom pledged to overhaul the state’s tax structure to shore up…
News January 19
Marijuana MSO Curaleaf completes $211 million Bloom acquisition in Arizona
Marijuana multistate operator Curaleaf Holdings finished up its previously announced acquisition of vertically integrated Arizona cannabis company Bloom…
News January 19
Silver Spike aims to raise $125 million for cannabis loans, investments
Silver Spike Investment Corp. announced plans to raise $125 million through an initial public stock offering and use…
News January 19
Analysts scrutinize latest Hexo plan to trim marijuana costs after years of losses
Analysts are skeptical about plans outlined by Canadian marijuana producer Hexo Corp. to slash manufacturing and production costs…
News January 19
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