Latest In: Illinois

capital raise Debt financing Green Thumb Industries
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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
Ascend wellness
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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
fiorello pharmaceuticals Green Thumb Industries New York adult-use marijuana
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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 recreational sales
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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
illinois M&A Parallel
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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
Green Thumb Industries Illinois marijuana
marijuana investigation

Feds investigating marijuana MSO Green Thumb Industries, report says

Illinois-based cannabis multistate operator Green Thumb Industries is the focus of a federal investigation, including the possibility the…

News March 30
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MedMen raises CA$20 million to bankroll marijuana expansion in Florida

Financially strapped MedMen Enterprises said it raised 20 million Canadian dollars ($16 million) at CA40 cents a unit…

News March 19
cresco M&A massachusetts
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Cannabis MSO Cresco expands in Massachusetts via $90M acquisition

Chicago-based cannabis multistate operator Cresco Labs is spending $90 million to acquire all the outstanding equity interests of…

News March 19
cannabis real estate deal GreenAcreage Real Estate Corp NewLake Capital REIT
cannabis real estate

Marijuana real estate merger creates firm worth $435 million in assets, cash

Chicago-based NewLake Capital Partners and GreenAcreage Real Estate, a real estate investment trust (REIT) in New York have…

News March 18
4Front Ventures capital raise innovative industrial properties Sale-leaseback
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4Front eyes Illinois expansion through $51.5M marijuana sale-leaseback deal

Marijuana multistate operator 4Front Ventures entered into definitive agreements to finance the construction of a massive $51.5 million…

News March 16
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