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Ancillary

News on Ancillary Products & Services

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Opinion: The battle for directors and officers liability coverage in the cannabis industry

By Eric Rahn · May 26, 2022
With the number of lawsuits in the cannabis space tripling in the past two years, directors and officers liability insurance is in hot demand. Read More

NJ marijuana paraphernalia shop workers to unionize in labor board first

By MJBizDaily Staff · May 26, 2022

Registration is now open for MJBizCon 2022 in November

By MJBizDaily Staff · May 24, 2022

Weedmaps parent launches digital marijuana retail payments in Canada

By MJBizDaily Staff · May 12, 2022

Opinion: Let the cannabis packaging sector lead the way out of an environmental tragedy

By Dan Estoque · May 11, 2022

Marijuana REIT NewLake Capital inks $30 million credit facility

Marijuana industry real estate investment trust NewLake Capital Partners announced it secured a five-year revolving credit facility worth $30 million, with the possibility of expansion to $100 million “as additional lenders are added.”

May 9, 2022
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Dozens of Mississippi cities and counties opt out of medical cannabis

Nearly four dozen Mississippi municipalities and counties have so far opted out of the state’s new medical marijuana program, with the deadline for doing so emerging in a few days.

May 6, 2022
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Scotts Miracle-Gro sees cannabis supply sales decline, buys nutrient brand

Lawn and garden products giant Scotts Miracle-Gro reported a 44% year-over-year quarterly sales decline in its cannabis-focused Hawthorne Gardening Co. division, as well as Hawthorne’s acquisition of Australian hydroponic nutrient brand Cyco for $34 million.

May 3, 2022
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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 federally insured banks.

May 2, 2022
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North Carolina bank to offer financial services to cannabis companies

A bank in Raleigh, North Carolina, launched a banking program dedicated to marijuana and CBD companies.

April 25, 2022
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AFC Gamma lends Florida marijuana MSO Bloom Medicinals up to $82.5 million

Cannabis real estate lender AFC Gamma announced a senior secured credit facility worth up to $82.5 million for Florida-based privately held multistate marijuana company Bloom Medicinals.

April 21, 2022
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Cannabis tech firm Treez raises $51 million in Series C funding

San Francisco-based cannabis technology company Treez completed a $51 million Series C funding round that values the firm at $260 million.

April 21, 2022
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Latest News

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All U.S. Ancillary Cultivation Finance Florida Hemp & CBD Recreational Retail 

Opinion: The battle for directors and officers liability coverage in the cannabis industry

May 26, 2022May 26, 2022 Bart Schaneman
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All U.S. Briefs Legal South Dakota 

Narrow adult-use marijuana initiative makes South Dakota ballot

May 26, 2022May 26, 2022 Jeff Smith
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Briefs Canada Finance International Recreational Retail 

Canadian cannabis sales rebound strongly in March to record CA$358.8M

May 26, 2022May 26, 2022 Solomon Israel
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All U.S. Ancillary Briefs Legal New Jersey Recreational Retail 

NJ marijuana paraphernalia shop workers to unionize in labor board first

May 26, 2022May 26, 2022 Bart Schaneman
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All U.S. Colorado Cultivation Farming International Massachusetts Pennsylvania Recreational Washington 

Ukraine war, supply-chain woes cause cannabis fertilizer shortage, increased costs

May 26, 2022May 25, 2022 Bart Schaneman
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