New Delaware law protects banks that work with state’s marijuana businesses
Financial institutions that serve licensed marijuana businesses in Delaware will be protected from state-level prosecution under a bill…
News October 17
Latest In: Finance
New York City program offers loans to cannabis social equity retailers
New York City has launched a low-interest loan program designed to provide affordable capital to licensed cannabis social…
News October 16
Facing receivership, marijuana operator StateHouse Holdings enters bankruptcy
San Diego-based marijuana operator StateHouse Holdings has entered bankruptcy in Canada after its main lender asked that the…
News October 11
IM Cannabis announces $1.6 million private placement to repay loan
Medical marijuana company IM Cannabis Corp. is planning a non-brokered private placement offering of up to $1.6 million…
News October 10
Commercial landlords soften stance on renting to cannabis businesses
Cannabis companies that once struggled to find space to conduct cultivation, manufacturing and retail operations are benefiting from…
News October 9
Marijuana businesses seek alternatives to debt financing in slow capital market
Cannect Wellness raised $7 million in its second equity funding round; capital raises have been slow due to…
News October 8
Marijuana operator TerrAscend withdraws $26 million from senior secured loan
TerrAscend Corp., a Canadian-headquartered marijuana multistate operator with U.S. assets, said it withdrew $26 million from its $140…
News October 7
Fed rate cut could be a game changer as cannabis industry debt maturity looms
Cannabis investments have been buoyed by the Federal Reserve's interest rate cut, but benefits to marijuana operators are…
News October 4
Marijuana financier Silver Spike closes on portfolio, changes name & ticker symbol
Specialty marijuana finance company Silver Spike Investment Corp. has closed on a portfolio of loans and changed its…
News October 2
SEC alleges data inflation, fines parent of cannabis ad platform Weedmaps $1.5M
The U.S. Securities and Exchange Commission has fined the parent company of cannabis advertising platform Weedmaps $1.5 million…
News September 27
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