Marijuana MSO Cresco Labs doubles loan size to $200 million
Multistate marijuana operator Cresco Labs has extended the maturity of a senior secured loan and boosted the size…
News December 14
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How passage of the SAFE Banking Act could impact cannabis businesses
The SAFE Banking Act is nearing the finish line in the U.S. Congress, and many expect it to…
News December 14
Marijuana businesses must perfect customer experience for coronavirus-spurred preorders
This spring, the coronavirus pandemic turned the traditional retail model on its head—and marijuana retailers and dispensaries were…
News December 13
Weedmaps investor document notes federal probe into cannabis businesses is ‘unresolved’
In an investor presentation filed this week with U.S. securities regulators, the parent company of Weedmaps disclosed that…
News December 11
Colorado retail cannabis sales already eclipsing record-setting 2019
Colorado's cannabis retailers set the record for single-year sales, surpassing 2019 numbers, and that's with only 10 months…
News December 11
Still struggling after looting that hit marijuana firms, iconic California business turns to fellow company
The lootings and robberies that inflicted millions of dollars in damage on marijuana companies nationwide in May and…
News December 11
Cannabis advertising platform Weedmaps going public with $1.5 billion valuation
Weedmaps, the oft-controversial but ever-successful cannabis advertising giant, is going public through a deal that values the company…
News December 10
Marijuana MSO Ayr Strategies increases capital raise to $110 million
Multistate marijuana operator Ayr Strategies announced that it has increased a $75 million debt offering to $110 million…
News December 10
Cannabis firm LeafLink raises $40 million to fund expansion
Cannabis wholesaling platform LeafLink announced new funding worth $40 million from a Series C investment round.
News December 10
New Mexico’s medical marijuana sales rise as prospects for recreational legalization improve
New Mexico’s medical marijuana sales have nearly doubled in the past two years despite strict plant-count limits, and…
News December 10
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