Despite loss of SPAC sparkle, cannabis investors still looking at investment targets
During the pandemic, interest in special purpose acquisition companies (SPAC) soared, as private cannabis-related businesses looked to these…
News February 2
Latest In: Finance
MedMen fights to keep NY marijuana permit, meet $114 million debt deadline
Marijuana multistate operator MedMen Enterprises is scrambling to keep its potentially lucrative New York operation while debt coming…
News February 2
Delta 9 Cannabis, citing profitability, secures CA$32 million in low-interest credit
Winnipeg, Manitoba-based Delta 9 Cannabis entered into a binding commitment letter with ConnectFirst Credit Union to secure 32…
News February 2
Cannabis MSO Verano eyes lucrative markets with $413 million acquisition
Verano Holdings signed a definitive agreement to acquire Goodness Growth Holdings for roughly $413 million, a move that…
News February 1
US cannabis stocks tumbled in January, exacerbating issues confronting industry
U.S. cannabis stocks suffered a rout in January, tumbling more than the broader market as hopes for federal…
News February 1
2 Canadian cannabis issuers put on notice by Nasdaq over low stock prices
At least two large Canadian cannabis companies have been notified by the Nasdaq that their shares do not…
News January 31
Cannabis banking revived as attachment to domestic spending bill in House
The SAFE Banking Act, which only weeks ago seemed defeated when it was stripped out of a military…
News January 28
Marijuana MSO Trulieve closes on final $75 million slice of $425 million raise
Multistate operator Trulieve Cannabis said it closed on a private placement offering of $75 million, the second tranche…
News January 28
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
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
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