Columbia Care CEO set to net $100M-plus from Cresco cannabis merger
Columbia Care co-founder and longtime CEO Nicholas Vita likely will emerge with more than $100 million in cash…
News July 8
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Cannabis REIT NewLake invests $50 million in three properties
Cannabis real estate investment trust (REIT) NewLake Capital Partners said it has now fully committed the capital raised…
News July 6
Cannabis software firm Akerna closes $10 million public offering
Cannabis technology company Akerna closed a public offering of shares and share purchase warrants, raising gross proceeds of…
News July 6
Key marijuana banking ally continues fight to get SAFE across finish line
U.S. Rep. Ed Perlmutter continues to push for marijuana banking reform, this time by filing the SAFE Banking…
News July 1
Cannabis tech company Akerna moves to raise $10 million as stock falls
Struggling cannabis technology company Akerna is seeking to raise $10 million in capital in part to meet its…
News June 30
Green Thumb nets $55 million from IIP in amended marijuana lease
Marijuana real estate company Innovative Industrial Properties (IIP) amended a lease on a cannabis cultivation and processing property…
News June 30
Cannabis producer Canopy swaps shares for $255 million of its debt
Canadian cannabis producer Canopy Growth reached a deal with noteholders to trade 255.4 million Canadian dollars ($198 million)…
News June 30
Know your cannabis business’ overhead ratio
How much is too much overhead is a trick question. Focus on overhead as a ratio, as a…
News June 29
Fitch downgrades Canopy Growth, citing cannabis market-share losses
Fitch Ratings downgraded Canadian cannabis producer Canopy Growth to CCC, the agency's fifth-lowest rating, and warned of potential…
News June 28
iAnthus closes cannabis recapitalization deal with $25 million more of financing
Cannabis multistate operator iAnthus Capital Holdings closed a previously announced restructuring and recapitalization deal, then disclosed $25 million…
News June 27
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