Latest In: Finance

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Cannabis MSO Vireo Health closes $23.5M loan, reports 2020 earnings

Multistate cannabis company Vireo Health International closed the first tranche of a senior secured loan worth $23.5 million.

News March 26
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Why Ontario marijuana retail operator Cannabis Xpress is betting on tiny stores

As far as Chris Jones is concerned, sometimes you have to go small to make it big. The…

News March 26
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Cannabis banking reform reintroduced in US Senate

Less than a week after pro-cannabis banking legislation was reintroduced in the U.S. House of Representatives, a parallel…

News March 23
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Cannabis real estate financier AFC Gamma prices Nasdaq IPO at $119M

AFC Gamma, which offers real estate loans to legal marijuana companies, priced its initial public offering on the…

News March 19
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COVID-19 relief for marijuana companies

$1.9 trillion coronavirus stimulus package offers marijuana-related firms more options for financial help

Cannabis-related firms again face hurdles in qualifying for financial relief under the newly enacted $1.9 trillion coronavirus stimulus…

News March 19
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Marijuana real estate merger creates firm worth $435 million in assets, cash

Chicago-based NewLake Capital Partners and GreenAcreage Real Estate, a real estate investment trust (REIT) in New York have…

News March 18
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US House will again consider cannabis banking reform

A cannabis banking reform bill was reintroduced in the U.S. House of Representatives on Thursday, according to congressional…

News March 18
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Marijuana tech platform I Heart Jane suffers slowdown, affecting retailers

Marijuana e-commerce platform I Heart Jane suffered a slowdown on Wednesday that impacted an unknown number of recreational…

News March 18
Canopy Growth
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Canadian cannabis producer Canopy Growth borrows $750 million

Smiths Falls, Ontario-based cannabis producer Canopy Growth has taken out a senior secured loan worth $750 million ($932…

News March 18
HEXO
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Hexo CEO: Canada’s cannabis sector entering ‘most competitive phase’

Cannabis producer Hexo Corp. reported a net loss of 21 million Canadian dollars ($17 million) for its second…

News March 18
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