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Empire Services massroots
Isaac Dietrich, MassRoots CEO

Cannabis tech firm MassRoots entering metal-recycling business via $14M deal

Cannabis-centric social media platform MassRoots said it’s broadening its business model through the acquisition of a metal-recycling company…

News May 7
afc gamma cannabis business loans cannabis real estate Justice Cannabis Co.
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AFC Gamma lends $22M to Justice Cannabis for New Jersey operations

Marijuana industry real estate financier AFC Gamma announced a $22 million senior secured credit facility for Chicago-based multistate…

News May 7
cannabis stocks Credit Suisse ETF
Marijuana stocks

Credit Suisse reportedly halts US cannabis stock transactions

Global investment banking firm Credit Suisse Group reportedly has told customers in recent months that it has decided…

News May 6
canada recreational cannabis cannabis merger and acquisitions Inner Spirit Holdings Spiritleaf Sundial Growers

Cannabis producer Sundial to buy retailer Inner Spirit for CA$131 million

Sundial Growers plans to acquire Inner Spirit Holdings, a major Canadian cannabis retailer and franchisor of Spiritleaf stores,…

News May 5
Greg Engel organigram

Organigram CEO Engel exits struggling marijuana producer

Greg Engel, longtime CEO of Moncton, New Brunswick-based marijuana producer Organigram Holdings, is stepping away from the struggling…

News May 3
capital raise Debt financing Green Thumb Industries
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Cannabis MSO Green Thumb raises $217 million in debt at 7% interest rate

Multistate cannabis operator Green Thumb Industries raised $217 million worth of funding by issuing senior secured debt at…

News April 30
Ascend wellness
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Marijuana MSO Ascend Wellness aims to raise $80 million via IPO

Multistate operator Ascend Wellness Holdings plans to raise $80 million through an initial public offering aimed at bankrolling…

News April 29
Columbia Care
Columbia Care marijuana retail outlet

Columbia Care acquires New York cannabis cultivation site for $42.5M

Multistate cannabis operator Columbia Care is spending $42.5 million in cash and stock to acquire a 34-acre cultivation…

News April 29
Altria Group British American Tobacco Philip Morris
Big Tobacco and marijuana

Tobacco giant Philip Morris eyes marijuana market opportunities

Multinational tobacco company Philip Morris International reportedly is analyzing the marijuana industry for its market possibilities but hasn’t…

News April 28
NASDAQ Valens Company
Image depicting the Nasdaq

Canadian cannabis firm Valens seeks Nasdaq listing

Canadian cannabis product manufacturer The Valens Co. announced its initial application to list shares on the Nasdaq exchange…

News April 28
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