Less than a week after pro-cannabis banking legislation was reintroduced in the U.S. House of Representatives,…
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…
$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…
Marijuana real estate merger creates firm worth $435 million in assets, cash
NewLake Capital Partners and real estate investment trust (REIT) GreenAcreage closed a merger that creates a…
US House will again consider cannabis banking reform
(The story has been updated to reflect that the SAFE Banking Act was officially reintroduced.) A…
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…
Cannabis companies anticipate added sales bump with new round of stimulus checks
Cannabis companies will likely see a boost in sales from the third round of federal stimulus…
Regulators crack down on Michigan credit union’s marijuana banking
An independent federal agency cited a Michigan credit union for failing to comply with marijuana banking…
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4Front eyes Illinois expansion through $51.5M marijuana sale-leaseback deal
Marijuana multistate operator 4Front Ventures entered into definitive agreements to finance the construction of a massive…
Cannabis tech platform Dutchie raises $200M, acquires Greenbits, LeafLogix
Cannabis retail technology platform Dutchie has raised $200 million in a Series C funding round it…
SPAC to acquire four marijuana operations in $210 million deal
New York-based Greenrose Acquisition Corp., a special purpose acquisition company, entered into definitive agreements to acquire…
CWNevada’s receivership might offer blueprint to other financially strapped marijuana businesses
CWNevada owned several marijuana stores under the Canopi brand. A once-significant player in Nevada’s cannabis industry…
Marijuana SPAC Silver Spike II prices IPO to raise $250 million
Marijuana industry special purpose acquisition company (SPAC) Silver Spike Acquisition Corp. II priced an initial public…
Colorado cannabis sales top $10 billion since program launch
The Colorado cannabis market hit a high-water mark – $10 billion in sales – since the…
Harborside enters $5 million ‘strategic investment’ with CA marijuana firm
Harborside said Monday that it has thrown $5 million in investment capital behind Loudpack, another well-known…
Cannabis companies share how they launched social equity funding, programs
(This story appears in the March issue of Marijuana Business Magazine.) Marijuana companies face mounting pressure…