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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
cannabis real estate deal GreenAcreage Real Estate Corp NewLake Capital REIT
cannabis real estate

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
Canada cannabis

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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Charts showing retail sales versus spending on alcohol and cannabis products.

Cannabis companies anticipate added sales bump with new round of stimulus checks

Cannabis companies should expect a bump in sales from the newest round of federal stimulus payments.

News March 18
Aphria Tilray
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Aphria, Tilray to host April shareholder meetings about planned merger

Aphria and Tilray will host special shareholder meetings next month on the proposed merger between the cannabis producers,…

News March 17
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Regulators crack down on Michigan credit union’s marijuana banking

An independent federal agency cited a Michigan credit union for failing to comply with marijuana banking regulations and…

News March 17
4Front Ventures capital raise innovative industrial properties Sale-leaseback
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4Front eyes Illinois expansion through $51.5M marijuana sale-leaseback deal

Marijuana multistate operator 4Front Ventures entered into definitive agreements to finance the construction of a massive $51.5 million…

News March 16
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