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
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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
Speakers bullish on marijuana outlook + FDIC and cannabis
Three industry experts who presented at the MJBizFinance Forum predicted the marijuana industry is heading in the right…
News October 20
‘Big cannabis can be good cannabis’: Q&A with Curaleaf CEO Joe Bayern
As the CEO of Curaleaf Holdings, Joe Bayern skippers the nation's largest marijuana multistate operator. And he doesn't…
News October 19
Marijuana real estate firm inks $60M sale-leaseback with Gold Flora
Innovative Industrial Properties (IIP) said it closed on the purchase of an industrial property in Southern California and…
News October 18
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