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Colorado’s total marijuana sales near $10 billion, buoyed by record 2020

Colorado's total marijuana sales reached nearly $10 billion since legal sales began in 2014.

News February 9
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Chart showing the demographic breakdown of the Nevada cannabis industry for 2021.

Nevada’s cannabis industry lacks diversity, especially in ownership, survey shows

Nevada's first official demographic survey of cannabis businesses shows that women and minorities account for a smaller percentage…

News February 9
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A map and chart showing the growth of cannabis businesses listed on the secondary market.

Market for licensed marijuana businesses heats up as buyers snap up retail stores, other properties

The market for buying and selling licensed cannabis businesses has perhaps never been hotter, with demand fueled by…

News February 5
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Marijuana real estate lender AFC Gamma to raise up to $105M in IPO

Marijuana industry real estate investment trust Advanced Flower Capital, also known as AFC Gamma, is planning an initial…

News February 4
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Power REIT acquires Canndescent cannabis greenhouse for $7.7 million

New York-based Power REIT on Thursday announced the acquisition of a 37,000-square-foot Southern California greenhouse used for cultivation…

News February 4
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SBA nominee indicates openness to examining marijuana restrictions

President Joe Biden’s nominee to run the U.S. Small Business Administration said during a Senate confirmation hearing that…

News February 4
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bar chart showing capital raises in the cannabis industry for 2016 through 2021

Funding for marijuana companies surges after Democrats win control of White House, Congress

A Democratic election trifecta - control of the White House and both chambers of Congress - is giving…

News February 4
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Cannabis delivery platform Lantern on its own after Uber-Drizly deal

Lantern, a cannabis delivery platform that started operations in 2020, will operate as an independent private business in…

News February 2
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What marijuana investors can learn from GameStop trading frenzy

Last week’s meteoric rise of GameStop’s shares made headlines, but what should be made of it? And what…

News February 2
Breaking Up is Hard to Do

Outlining your cannabis business plan on paper can avoid partnership disputes later

Partnership disputes—whether between business partners or owners and investors—continue to be an ugly feature of the cannabis industry.…

News February 1
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