Week in Review: Congress delays marijuana vote, more record cannabis sales, Brazil nears legalization & more
Democrats in the U.S. House of Representatives decided this week to hold off on a floor vote for…
News September 19
Latest In: Finance
Cannabis companies with specific plans for new funding find success at raising capital
Capital markets remain very tight, but they started to open up again for marijuana companies in the third…
News September 18
Colorado, Illinois, Ohio set records for monthly marijuana sales
States continue to post record cannabis sales in the face of the COVID-19 pandemic and the ensuing economic…
News September 17
Cannabis operator MedMen inks financing commitments near $20 million
Multistate marijuana operator MedMen Enterprises has raised roughly $20 million of financing, with $11.7 million committed now, in…
News September 17
Four tips to navigate cannabis mergers and acquisitions in a distressed market
In the midst of an extended economic downturn, cannabis companies have few options for raising capital. Equity remains…
News September 16
Multistate cannabis operator Holistic Industries raises $35 million
Holistic Industries, a Maryland-based multistate cannabis operator, said it raised $35 million in debt financing to fund cultivation…
News September 15
California marijuana tax revenues stall in wake of pandemic, job losses
A global pandemic, record job losses and massive budget shortfalls all contributed to what California Gov. Gavin Newsom…
News September 15
Arkansas medical marijuana sales reach $143 million
Arkansas medical marijuana stores have sold $143 million worth of medical cannabis since sales began in May 2019.…
News September 14
Week in Review: Nature’s huge toll on cannabis growers, Illinois social equity questions, legalization efforts & more
Wildfires in the West have devastated a number of marijuana farms in Oregon, Washington state and California, while…
News September 12
Synthetic cannabinoid partnership devolves into $881 million lawsuit
A cannabis research and development deal hailed just last March as a $300 million partnership has morphed into…
News September 11
Latest Sponsored
