Ayr Wellness buys two Illinois marijuana stores for $30 million
Multistate marijuana company Ayr Wellness is continuing its acquisitions of cannabis companies with an announcement it will be…
News July 20
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Online cannabis sales boom amid COVID-19 spurs delivery-service acquisitions
The explosive growth of e-commerce during the COVID-19 pandemic has propelled new interest in acquisitions involving direct-to-consumer cannabis…
News July 20
Harborside expands California cannabis presence + debt options remain limited
On July 5, Harborside (CSE: HBOR; OTCQX: HBORF), a California-based vertically integrated operator, closed its acquisition of Sublimation…
News July 14
Legal US cannabis sales could top $30 billion by 2022 thanks to continued growth, new markets
With new markets coming online and existing markets trending upward, legal cannabis sales in the U.S. are projected…
News July 14
NewLake enters $20.5 million real estate deal with Arizona cannabis firm
Cannabis real estate financier NewLake Capital Partners announced a deal to acquire land in Phoenix and lease it…
News July 7
10 US marijuana CEOs get million-dollar pay in 2020 as disclosure practices questioned
The top executives at the largest U.S. marijuana multistate operators received roughly $500,000 to $1 million in salary…
News July 7
Health Canada unaware CannTrust exec was under investigation when cannabis licenses reinstated
Health Canada says it was not aware a member of cannabis producer CannTrust’s board was under investigation by…
News July 7
More multistate operators target Florida cannabis market
Discounts lead to market-share shift in Florida Florida, one of the most valuable cannabis markets in the world,…
News July 7
Missouri posts record medical marijuana sales of $16.4 million in June
Missouri's medical marijuana dispensaries sold nearly $16.4 million worth of product in June, bringing the yearly total in…
News July 6
Cannabis company Nabis completes $23 million funding round
California cannabis distributor Nabis said it raised $23 million in a Series B fundraising round in a quest…
News July 2
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