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Hexo sets $140 million raise for acquisition, US cannabis expansion

Canadian cannabis grower Hexo Corp. priced a public offering to raise $140 million. The offering follows a shelf prospectus…

News August 20
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The disconnect between US cannabis fundamentals and stock performance

There is a disconnect between fundamental performance and stock performance for U.S. cannabis companies, resulting in compressing valuations…

News August 18
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California county offers $10,000 grants to cannabis farmers

Officials in Humboldt County, California, launched a program to help bolster the community’s struggling – but legal –…

News August 18
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With an eye on US cannabis market, Canadian firm Tilray acquires majority of MedMen debt

Tilray said Tuesday it acquired a majority of the debt that California-based MedMen Enterprises owes to New York…

News August 17
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Scotts Miracle-Gro arm invests $3.2M in marijuana ag-tech venture

Ohio-based Scotts Miracle-Gro’s new marijuana investment subsidiary, The Hawthorne Collective, has made another deal.

News August 17
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Illinois, Michigan establish monthly cannabis sales records in July

Midwest cannabis states Illinois and Michigan set sales records for their respective markets last month, with Illinois hitting…

News August 17
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Harvest closes $29.5 million Maryland sale-leaseback deal with cannabis REIT

Multistate marijuana operator Harvest Health & Recreation on Monday closed a sale-leaseback transaction, selling a cultivation and processing…

News August 17
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Marijuana real estate investor NewLake closes on $100 million IPO

Connecticut-based NewLake Capital Partners, which provides real estate capital to state-licensed marijuana operators, said it closed on an…

News August 16
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Cannabis MSO PharmaCann plans stock offering, report says

Chicago-based cannabis multistate operator PharmaCann reportedly intends to go public in the fall with an initial stock offering…

News August 16
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Canadian cultivator Village Farms acquires Colorado CBD firm for $75M

Canadian greenhouse produce grower Village Farms International acquired privately held CBD company Balanced Health Botanicals (BHB) in a…

News August 16
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