Latest In: New York

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New York Senate OKs bill to allow hemp farmers to grow adult-use marijuana

The New York state Senate passed a bill that would provide hemp farmers a conditional license to grow,…

News February 16
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Led by gummies, edibles keep pace with growth of overall US cannabis market

Gummies continue to dominate the U.S. edibles market, particularly among new marijuana consumers, although other consumable products are…

News February 16
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Cannabis REIT closes on $40 million sale-leaseback in New Jersey

Innovative Industrial Properties (IIP) acquired a marijuana property in New Jersey from Ascend Wellness for $35.4 million and…

News February 11
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New York targets illegal practice of marijuana ‘gifting’

New York regulators are cracking down on unlicensed marijuana companies engaged in "gifting." a practice in which businesses…

News February 10
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Why IIP canceled a cannabis notes issue + NY adult-use permits in jeopardy

Innovative Industrial Properties (NYSE: IIPR), the largest REIT focused on the cannabis industry, on Feb. 1 announced a…

News February 9
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Marijuana MSO Columbia Care closes $185 million notes offering

Marijuana multistate company Columbia Care closed a private placement of senior notes worth $185 million.

News February 3
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MedMen fights to keep NY marijuana permit, meet $114 million debt deadline

Marijuana multistate operator MedMen Enterprises is scrambling to keep its potentially lucrative New York operation while debt coming…

News February 2
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Cannabis MSO Verano eyes lucrative markets with $413 million acquisition

Verano Holdings signed a definitive agreement to acquire Goodness Growth Holdings for roughly $413 million, a move that…

News February 1
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NJ, NY progressing toward adult-use cannabis launch, but one deadline slipping

New York and rival New Jersey are plugging along toward launching adult-use cannabis markets, but neither state has…

News January 28
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MedMen lawsuit claims NY gov’s office improperly pushed for cannabis sale

MedMen Enterprises alleges in a lawsuit that New York Gov. Kathy Hochul’s administration tried to force the marijuana…

News January 25
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