Marijuana MSO debt costs fall, but capital issues linger for smaller firms
Large marijuana multistate operators are enjoying lower loan interest rates these days, thanks to stronger balance sheets and…
News September 20
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Acreage exits Oregon by selling cannabis stores for $6.5 million
Marijuana multistate operator Acreage Holdings agreed to sell four Oregon retail stores for $6.5 million, a transaction that…
News September 16
Lessons from the financial troubles of cannabis company Plus Products
On Sept. 13, California-based Plus Products (CSE: PLUS; OTCQX: PLPRF) filed for protection from creditors under the Companies'…
News September 15
Cannabis software firm Akerna inks $17 million acquisition
Denver-based cannabis technology company Akerna signed an agreement to acquire a marijuana business management software firm for $17…
News September 14
WM Technology to acquire marijuana marketing platform Sprout
Irvine, California-based WM Technology, a cannabis special purpose acquisition company (SPAC), announced it has acquired Sprout, a cloud-based…
News September 14
Cannabis food company gets initial creditor protection order in Canada
Plus Products, a marijuana and hemp foods company, received an initial creditor protection order from a Canadian court…
News September 14
Jushi finalizes $91.2 million deal to buy Massachusetts marijuana company
Marijuana multistate operator Jushi Holdings revised down a deal to enter Massachusetts by acquiring vertically integrated Nature’s Remedy.
News September 13
AFC Gamma expands loan to marijuana MSO Nature’s Medicines by $30 million
Florida-based cannabis business real estate lender AFC Gamma loaned an additional $30 million to Arizona-headquartered multistate marijuana operator…
News September 13
Marijuana MSOs post strong quarterly results, but investors tepid
All 10 of the largest publicly held marijuana multistate operators posted double-digit revenue growth in the quarter ended…
News September 13
Cannabis companies considered ripe targets for ransomware attacks
Even as ransomware attacks on high-profile mainstream companies such as Colonial Pipeline and JBS Foods have grabbed headlines…
News September 10
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