Marijuana REIT announces $200 million private placement
Innovative Industrial Properties, a marijuana real estate investment trust (REIT), said it plans to raise $200 million through…
News May 17
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Samuel Adams brewer to research cannabis beverages in Canada
The Boston Beer Co., the maker of Samuel Adams, announced plans to establish a subsidiary in Canada to…
News May 17
Curaleaf acquires Los Sueños for $67M, expands CO marijuana footprint
Massachusetts-based multistate marijuana operator Curaleaf Holdings plans to grow its footprint in the Colorado cannabis market by acquiring…
News May 17
Why Hexo is buying 48North Cannabis for CA$50 million: Q&A with CEO St. Louis
Hexo Corp. is buying competitor 48North Cannabis Corp. in an all-stock deal worth approximately 50 million Canadian dollars…
News May 17
Marijuana REIT to invest $67.8 million in Pennsylvania facility
Innovative Industrial Properties (IIP) and Atlanta-based multistate marijuana operator Parallel have struck another sale-leaseback deal. The San Diego-based…
News May 14
Canadian cannabis producer Hexo to enter US with Colorado facility
Hexo Corp. entered purchase and sale agreements for a 50,000-square-foot cannabis production facility in northern Colorado, marking a…
News May 14
Colorado’s first-quarter retail marijuana sales up 28% from 2020
Recreational and medical marijuana retailers in Colorado continue to break sales records. According to the latest data from the…
News May 12
Blockbuster Trulieve-Harvest deal could revive cannabis megamergers
After several months of smaller, more focused transactions, Florida-based Trulieve’s $2.1 billion deal to acquire Harvest Health &…
News May 11
Marijuana producer Pure Sunfarms reports small quarterly sales growth
Canadian marijuana producer Pure Sunfarms reported a small increase in net sales in the January-March quarter compared to…
News May 11
Verano nets $100 million in upsized loan to support cannabis moves
Illinois-based Verano Holdings entered into an amended $130 million loan agreement that provides the multistate cannabis operator an…
News May 11
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