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
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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
Marijuana tech platform I Heart Jane suffers slowdown, affecting retailers
Marijuana e-commerce platform I Heart Jane suffered a slowdown on Wednesday that impacted an unknown number of recreational…
News March 18
Canadian cannabis producer Canopy Growth borrows $750 million
Smiths Falls, Ontario-based cannabis producer Canopy Growth has taken out a senior secured loan worth $750 million ($932…
News March 18
California’s provisional marijuana licensing crisis resurfaces, possibly disrupting thousands of MJ companies
For the third time in less than four years, California lawmakers are revisiting the state’s marijuana licensing program,…
News March 18
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