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
Latest In: New York
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
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
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
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
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
NY expands medical cannabis program by abolishing qualifying conditions
New York has decided to do away with its list of qualifying conditions for its medical cannabis program,…
News January 25
Marijuana MSO PharmaCann raises $39.5 million through upsized debt offering
Privately held marijuana multistate operator PharmaCann raised net proceeds of $39.5 million through an upsized offering of senior…
News January 21
Silver Spike aims to raise $125 million for cannabis loans, investments
Silver Spike Investment Corp. announced plans to raise $125 million through an initial public stock offering and use…
News January 19
New York expecting $1.25 billion in cannabis revenue over six years
The state of New York is expecting to collect a whopping $1.25 billion in cannabis taxes and fees…
News January 19
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