Recreational marijuana legalization bill stalls in New Mexico but could head for special session
New Mexico lawmakers postponed a Senate floor vote on a recreational marijuana legalization bill as the regular legislative…
News March 20
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Court battle over one of Virginia’s five medical cannabis licenses
Illinois-based PharmaCann has taken Virginia to court over a medical cannabis business license that the company claims is…
News March 19
OK federal judge tosses marijuana residency suit, but issue unresolved
A federal judge in Oklahoma rejected a lawsuit challenging the state’s residency requirement for medical marijuana business owners,…
News March 19
Cannabis real estate financier AFC Gamma prices Nasdaq IPO at $119M
AFC Gamma, which offers real estate loans to legal marijuana companies, priced its initial public offering on the…
News March 19
MedMen raises CA$20 million to bankroll marijuana expansion in Florida
Financially strapped MedMen Enterprises said it raised 20 million Canadian dollars ($16 million) at CA40 cents a unit…
News March 19
Cannabis MSO Cresco expands in Massachusetts via $90M acquisition
Chicago-based cannabis multistate operator Cresco Labs is spending $90 million to acquire all the outstanding equity interests of…
News March 19
Why cannabis producer Organigram struck a CA$220 million deal with a tobacco giant: Q&A with CEO Greg Engel
While rival Canadian cannabis producers plowed massive amounts of capital into cultivation infrastructure, losing billions of dollars in…
News March 19
$1.9 trillion coronavirus stimulus package offers marijuana-related firms more options for financial help
Cannabis-related firms again face hurdles in qualifying for financial relief under the newly enacted $1.9 trillion coronavirus stimulus…
News March 19
Marijuana real estate merger creates firm worth $435 million in assets, cash
Chicago-based NewLake Capital Partners and GreenAcreage Real Estate, a real estate investment trust (REIT) in New York have…
News March 18
US House will again consider cannabis banking reform
A cannabis banking reform bill was reintroduced in the U.S. House of Representatives on Thursday, according to congressional…
News March 18
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