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
Latest In: Illinois
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
Marijuana MSO 4Front Ventures amends credit facility, seeks to refine fiscal plan
Marijuana multistate operator 4Front Ventures amended its credit facility and enlisted Canaccord Genuity Corp. to hone its financial…
News September 26
Premium marijuana brands report steady sales despite shaky economy
Despite economic uncertainty, luxury cannabis products continue to attract discerning consumers seeking premium experiences.
News September 25
Audience and purpose drive cannabis sales: Q&A with Kanha Global’s Angela Cheng
Targeted marketing plans that align with local and cultural values are essential for marijuana companies seeking to maximize…
News September 19
Cannabis MSO Green Thumb Industries announces share-buyback program
Cannabis multistate operator Green Thumb Industries' board authorized a $50 million share-repurchase program over the next 12 months.
News September 16
Cannabis MSO Green Thumb Industries refinances via $150 million credit facility
Chicago-based Green Thumb Industries plans to use the proceeds and existing cash to retire its $225 million senior…
News September 12
Value of a cannabis license varies with type, market age
A cannabis business license in one jurisdiction can be a golden ticket to substantial profits. In another, it's…
News August 27
Teamsters unionize fourth Verano cannabis store in Illinois
The Evanston, Illinois, location of the Zen Leaf cannabis retail chain “voted overwhelmingly” to join the International Brotherhood…
News August 16
Marijuana MSOs set up high-risk fight with IRS over 280E of tax code
Tens of millions of dollars in tax savings and a quick increase in available cash are some of…
News August 15
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