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Latest In: Finance

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Marijuana REIT buys Florida property for $13 million in leaseback deal with Ayr

Innovative Industrial Properties, a San Diego-based real estate investment trust focused on the cannabis industry, acquired a $13…

News June 12
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Canopy Growth prepares to raise $250 million for marijuana investments

Days after exercising an option to acquire a U.S.-based marijuana multistate operator, onetime billion-dollar cannabis giant Canopy Growth…

News June 7
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House finance bill would create adult-use sales in DC, marijuana banking

Adult-use marijuana sales could finally begin in Washington, D.C., under a federal budget bill that a Republican-controlled House…

News June 5
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Cannabis MSO Acreage aims to raise $10 million amid ‘deteriorating’ finances

A day after Canadian cannabis company Canopy Growth Corp. exercised its option to acquire Acreage Holdings, the American multistate…

News June 5
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Canopy Growth exercises option to acquire US marijuana operator Acreage

Canadian cannabis company Canopy Growth Corp. exercised its option to acquire American marijuana multistate operator Acreage Holdings.

News June 4
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Cannabis operators Cansortium and RIV Capital are merging

Cansortium, a Florida-based vertically integrated cannabis multistate operator, is merging with RIV Capital, which operates the Etain Health…

News May 30
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Cannabis technology firm Agrify regains Nasdaq compliance

Cannabis technology firm Agrify Corp. said it has regained compliance with Nasdaq's stock listing rules after converting $13.8…

News May 29
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Goodness Growth seeks $860 million from Verano in failed marijuana acquisition

Marijuana multistate operator Goodness Growth is seeking $860.9 million in damages from Verano Holdings Corp., alleging breach of…

News May 29
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Biden drug czar hints at interstate commerce if marijuana is rescheduled

Marijuana rescheduling could allow for “legitimate interstate commerce within the federal system,” the Biden administration’s drug czar said…

News May 28
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Cannabis tech company Agrify converts $13.8M in debt to equity to pacify Nasdaq

Cannabis technology company Agrify Corp. converted roughly $13.8 million in debt to equity to regain compliance with Nasdaq's…

News May 24
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