Economic challenges may extend US marijuana stock woes
The fierce bear market gripping U.S. marijuana stocks looks set to continue - barring a major legislative surprise…
News May 3
Latest In: All U.S.
$600 million suit against marijuana MSO Acreage can proceed
A $600 million lawsuit targeting multistate marijuana operator Acreage Holdings can proceed to trial, a New York state…
News May 2
Marijuana lender AFC Gamma gets $60 million revolving loan from 2 banks
Marijuana industry lender AFC Gamma has announced a revolving credit facility worth at least $60 million from two…
News May 2
Connecticut sees rush of applications for recreational marijuana business licenses
As a deadline looms in Connecticut for businesses to apply for recreational marijuana licenses, regulators say applications are…
News April 29
Cannabis MSO MedMen appoints another chief executive
Los Angeles-based cannabis multistate operator MedMen Enterprises appointed Edward Record as chief executive officer, effective immediately.
News April 29
What the changing face of financing means for US cannabis cultivation, retail sectors
As recently as 2018, cultivation- and retail-sector financing was almost exclusively the domain of private companies, according to…
News April 29
Marijuana REIT IIP provides $45 million in funding to PharmaCann in New York
Marijuana real estate investment trust Innovative Industrial Properties announced $45 million worth of funding to privately held multistate…
News April 29
As more states legalize marijuana, CBD retailers face an identity crisis
Legal and lightly taxed, CBD operators have enormous business advantages compared to their colleagues growing and selling high-THC…
News April 29
Michigan cannabis company Fluresh arranges $48M in new debt, refinancing
Vertically integrated Michigan cannabis operator Fluresh announced $25 million in new debt from an unspecified "federally regulated commercial…
News April 28
New Jersey shoppers spend $1.9 million on first day of adult-use marijuana sales
Customers who stood in long lines for the start of adult-use marijuana sales in New Jersey on April…
News April 28
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