Latest In: Finance

Michael Cammarata Neptune Wellness Solutions

‘Wunderkind’ CEO of Neptune cannabis firm granted CA$69 million in compensation over 2 years

Neptune Wellness Solutions, a Quebec-based health and wellness company involved in the cannabis industry, paid CEO Michael Cammarata…

News October 29
Cannabis Strategic Ventures Devine Solutions Nugs
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Nugs parent reaches deal to buy part of California cannabis cultivation facility

Los Angeles-based cultivator Cannabis Strategic Ventures signed a memorandum of understanding with Devine Solutions to purchase 10% of…

News October 28
Debt financing marijuana funding Verano Holdings
Chart showing effective cost percentage of US cannabis debt

Cost of debt keeps going down for cannabis MSOs

The cost of debt continues to decline for the largest multistate operators, as evidenced by Verano Holdings Corp.’s…

News October 27
cultivation Hydrofarm Innovative Growers Equipment
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Hydrofarm spends $58 million on another marijuana acquisition

Hydrofarm Holdings Group entered an agreement to acquire Illinois-based Innovative Growers Equipment (IGE) for $58 million, the cannabis…

News October 27
Columbia Care Mike Tyson marijuana new york marijuana Tyson 2.0
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Columbia Care partners with boxing great Mike Tyson on cannabis brand

New York-based Columbia Care said Wednesday it plans to launch a new cannabis brand in partnership with former…

News October 27
california Colorado Harvest delivery driven by stem M&A maryland massachusetts new york Oklahoma oregon stem holdings
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Driven by Stem enters new cannabis market by acquiring Colorado Harvest

Florida-based cannabis multistate company Stem Holdings, known as Driven by Stem, signed a letter of intent to expand…

News October 26
Benzinga Beringer Capital
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Beringer Capital buys majority stake in financial site covering marijuana

Toronto-based private equity firm Beringer Capital acquired a majority stake in Benzinga, a business website covering various sectors,…

News October 26
Daymond John fubu Las Vegas marijuana mjbizcon Nevada marijuana shark tank
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MJBizCon keynote speaker: Q&A with Daymond John of ‘Shark Tank’

Daymond John is among the most high-profile entrepreneurs and investors in the nation, serving as a co-star on…

News October 22
cannabis funding Jushi SunStream Bancorp.
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Cannabis firm Jushi secures $100 million funding with 9.5% interest rate

Multistate cannabis operator Jushi Holdings Inc. secured a $100 million credit facility with a 9.5% annual interest rate…

News October 21
Illinois marijuana MSO Verano
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Marijuana MSO Verano ups credit agreement with $120M loan at 8.5%

Chicago-based marijuana multistate operator Verano Holdings Corp. said Wednesday it amended an existing credit agreement to secure an…

News October 21
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