AFC Gamma lends $22M to Justice Cannabis for New Jersey operations
Marijuana industry real estate financier AFC Gamma announced a $22 million senior secured credit facility for Chicago-based multistate…
News May 7
Latest In: Illinois
Marijuana retailers prep for shoppers by hiring staff, keeping COVID safeguards
With more than 100 million Americans now fully vaccinated against COVID-19, marijuana retailers are adding employees and overhauling…
News May 5
Oregon, Illinois post record cannabis sales in April
The regulated marijuana markets in Oregon and Illinois reached new heights in April, according to monthly sales figures…
News May 4
More states roll out bans on production, sale of delta-8 products
Delta-8 THC has become a runaway market hit - and more states across the country are responding by…
News May 4
Recreational marijuana states see population growth but loss of US House seat
The population in the 17 states where recreational cannabis is legal, as well as Washington DC, continued to…
News May 4
Cannabis MSO Green Thumb raises $217 million in debt at 7% interest rate
Multistate cannabis operator Green Thumb Industries raised $217 million worth of funding by issuing senior secured debt at…
News April 30
Marijuana MSO Ascend Wellness aims to raise $80 million via IPO
Multistate operator Ascend Wellness Holdings plans to raise $80 million through an initial public offering aimed at bankrolling…
News April 29
Green Thumb poised to build out $50 million cannabis facility in New York
Cannabis multistate operator Green Thumb Industries has won local financial incentives to build out a $50 million cultivation…
News April 7
Illinois breaks monthly recreational cannabis sales mark at $109 million
New stores, stimulus checks, warming temperatures and tourists combined to help drive Illinois recreational cannabis sales to yet…
News April 5
Marijuana MSO Parallel moves into Illinois with $100 million acquisition
Atlanta-based Parallel, one of the largest privately held multistate marijuana operators in the United States, entered into a…
News April 1
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