Cresco Labs to sell marijuana facilities to REIT for $46.3M under leaseback deal
Chicago-based Cresco Labs will sell two cultivation and processing facilities in Illinois to Innovative Industrial Properties, a real…
News September 27
Latest In: International
A new way to commercialize cannabis in Canada: Q&A with Mark Spear of Wildfire Collective
Wildfire Collective is spearheading Canada’s first exclusively outdoor, multisite craft cannabis operation focusing on high terpene, full spectrum extracts.…
News September 27
Uruguay’s hemp exports could start next year: Q&A with Sergio Vazquez of the agriculture ministry
Uruguay could see the start of an export stream for hemp as early as 2020, after a period of…
News September 26
Auxly Cannabis closes CA$123 million investment from tobacco giant Imperial Brands
Auxly Cannabis finalized an investment from Imperial Brands worth 123 million Canadian dollars ($92 million), one of the…
News September 26
Canada ‘falling woefully short’ of displacing illicit cannabis market, researcher says
Canada’s regulated cannabis sales accounted for only 14% of total demand by volume in June, according to a…
News September 25
Why earnouts matter in cannabis M&A
Earnouts are a common risk-allocation provision in cannabis and hemp mergers and acquisitions used to bridge the business-value…
News September 25
Australian capital legalizes recreational marijuana
Australia's capital is the first part of the country to legalize recreational marijuana for personal use.
News September 25
Auxly Cannabis Group partner Sunens closes CA$84M credit facilities with Bank of Montreal
Sunens Farms, a federal cannabis applicant in Leamington, Ontario, closed a nonconvertible debt deal underwritten by the Bank…
News September 25
First commercial medical cannabis export from Latin America sent to Australia
Uruguayan-based Fotmer Life Sciences announced Tuesday that the company has become the first to complete a "commercial export…
News September 24
Proposed overhaul of Australia’s medical cannabis framework ‘far too slow,’ industry officials say
Executives welcomed recommendations to improve the framework governing Australia’s medical cannabis scheme as a potential breakthrough, but some…
News September 23
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