Power REIT ups funding of Michigan marijuana greenhouse to $25.6 million
Power REIT finalized a lease amendment to fund additional upgrades to a cannabis greenhouse cultivation facility in Michigan.
News November 5
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Colombian cannabis firm Flora to buy California vape brand for $30 million
Colombian cannabis firm Flora Growth reached a definitive agreement to acquire Carlsbad, California-based Vessel Brand for $30 million.
News November 4
Casa Verde invests $3.5M in Berlin-based cannabis firm Sanity Group
Venture capital firm Casa Verde Capital invested $3.5 million (3 million euros) in Berlin-based cannabis startup Sanity Group.
News November 3
How marijuana legalization could affect cost of debt
Hydrofarm Holdings Group (Nasdaq: HYFM) agreed to acquire Illinois-based Innovative Growers Equipment (IGE), a manufacturer of horticulture benches,…
News November 3
JPMorgan Chase to restrict purchases of cannabis-related stocks, report says
Banking giant JPMorgan Chase & Co. informed its brokerage clients they'll no longer be allowed to purchase cannabis-related…
News November 2
AFC Gamma raising $100 million to finance loans to cannabis companies
AFC Gamma priced an offering of $100 million aggregate senior notes to qualified institutional investors, the West Palm…
News October 29
Hexo’s cannabis loss improves to CA$114M, but auditor sounds warning
Canadian cannabis producer Hexo Corp.’s net loss improved to 113.6 million Canadian dollars ($92 million) in its fiscal…
News October 29
‘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
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
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
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