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Retail marijuana sales take a slight downturn in Colorado

Retail cannabis sales had been on a steady upward trend month-on-month in Colorado despite the coronavirus pandemic, but…

News October 15
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Group inks $182.8M of cannabis deals in bid to become publicly traded REIT

A New York-based limited partnership said it has entered binding agreements to acquire 15 marijuana-related properties in nine…

News October 9
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Asset sales, market growth might boost cannabis multistate operator finances

Publicly traded multistate marijuana operators appear to be in better financial health than they were at the beginning…

News October 7
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Cannabis edibles maker Bhang settles potency lawsuit

A settlement has been reached in a lawsuit against infused products manufacturer Bhang Corp. for allegedly misrepresenting the…

News October 5
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Green Thumb’s sale-leaseback cannabis deal in Ohio valued at $32.2M

Marijuana multistate operator Green Thumb Industries announced an amended sale-leaseback deal valued at up to $32.2 million for…

News October 2
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Schwazze backs out of deal to acquire marijuana R&D firm MedPharm

Denver-based Schwazze said it has terminated its planned acquisition of MedPharm, a medical marijuana company in the same…

News October 1
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Cannabis MSO Acreage raises $33M, partly to pay off higher-interest debt

Multistate marijuana operator Acreage Holdings said it raised $33 million in debt, a development that shows an easing…

News September 30
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Democrats’ COVID-19 relief bill contains cannabis banking

Buried deep in the U.S. House Democrats’ latest $2.2 trillion coronavirus relief package, announced Monday, is a key…

News September 29
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Cannabis firm WeedMD borrows CA$30M from Canadian pension fund

Canadian cannabis grower WeedMD secured a loan worth 30 million Canadian dollars ($22.5 million) from the LIUNA Pension…

News September 25
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SPACs offer marijuana companies a source of funding – and a way to go public

A meteoric rise in cannabis special purpose acquisition companies – better known as SPACs – is providing private…

News September 25
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