Consolidation continues in Colorado marijuana market + importance of due diligence
Columbia Care (CSE: CCHW; OTCQX: CCHWF) completed its acquisition of Denver-based Medicine Man on Nov. 1, highlighting the…
News November 10
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Springbig to go public on Nasdaq via marijuana SPAC transaction
Marijuana industry marketing and loyalty company Springbig plans to go public by way of a merger with Tuatara…
News November 9
Power REIT ups funding of Michigan marijuana greenhouse to $25.6 million
Power REIT finalized a lease amendment to fund additional upgrades to a cannabis greenhouse cultivation facility in Michigan.
News November 5
Colombian cannabis firm Flora to buy California vape brand for $30 million
Colombian cannabis firm Flora Growth reached a definitive agreement to acquire Carlsbad, California-based Vessel Brand for $30 million.
News November 4
Casa Verde invests $3.5M in Berlin-based cannabis firm Sanity Group
Venture capital firm Casa Verde Capital invested $3.5 million (3 million euros) in Berlin-based cannabis startup Sanity Group.
News November 3
How marijuana legalization could affect cost of debt
Hydrofarm Holdings Group (Nasdaq: HYFM) agreed to acquire Illinois-based Innovative Growers Equipment (IGE), a manufacturer of horticulture benches,…
News November 3
JPMorgan Chase to restrict purchases of cannabis-related stocks, report says
Banking giant JPMorgan Chase & Co. informed its brokerage clients they'll no longer be allowed to purchase cannabis-related…
News November 2
Hexo’s cannabis loss improves to CA$114M, but auditor sounds warning
Canadian cannabis producer Hexo Corp.’s net loss improved to 113.6 million Canadian dollars ($92 million) in its fiscal…
News October 29
Cost of debt keeps going down for cannabis MSOs
The cost of debt continues to decline for the largest multistate operators, as evidenced by Verano Holdings Corp.’s…
News October 27
Marijuana MSO Verano ups credit agreement with $120M loan at 8.5%
Chicago-based marijuana multistate operator Verano Holdings Corp. said Wednesday it amended an existing credit agreement to secure an…
News October 21
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