MJBizDaily · Page 230

Massachusetts permits hemp sales by marijuana retailers
Oct 6, 2021, 1:30 pm By Kristen Nichols
Hemp growers in Massachusetts can now sell hemp extracts and smokable flower to the state's more…

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Cannabis financier AFC Gamma to raise $100 million in new notes offering
Oct 6, 2021, 12:34 pm By Solomon Israel
Cannabis real estate lender AFC Gamma announced plans to raise $100 million through an upcoming debt…

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Illinois recreational marijuana sales already nearing $1 billion for 2021
Oct 6, 2021, 9:00 am By John Schroyer
Recreational marijuana sales in Illinois have reached nearly $1 billion, and three months remain in…

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California ‘burner’ distributor lawsuit underlines why licensed cannabis firms cheat to stay afloat, insiders say
Oct 6, 2021, 6:30 am By John Schroyer
When the CEO of a California marijuana retail chain sued the state in September over so-called…

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US judge tosses investor lawsuit targeting cannabis producer Sundial
Oct 5, 2021, 3:45 pm By Kristen Nichols
A federal judge in New York cleared Sundial Growers of wrongdoing in a lawsuit filed by angry…

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Marijuana technology company Akerna raises $20 million
Oct 5, 2021, 3:00 pm By Jeff Smith
Colorado-based marijuana technology company Akerna raised $20 million of capital to support a…

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Cannabis firm Agrify buys two Sinclair Scientific brands for at least $50 million
Oct 5, 2021, 2:29 pm By Solomon Israel
Ancillary cannabis business Agrify said it acquired two marijuana- and hemp-related equipment and…

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Oklahoma medical marijuana chief calls for more inspectors, regulations
Oct 5, 2021, 1:37 pm By Bart Schaneman
Oklahoma's medical marijuana market is one of the loosest in terms of regulations of any program in…

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Strategies for finding high-quality marijuana grow workers
Oct 5, 2021, 11:00 am By Bart Schaneman
Finding the right employees is one of the toughest tasks for any business owner, especially now that…

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Three key safeguards all cannabis extractors should consider
Oct 5, 2021, 6:30 am By Laura Drotleff
Safety should always be a priority, no matter which cannabis extraction method processors prefer.…

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Cannabis MSO Ascend Wellness to acquire two Ohio dispensaries
Oct 4, 2021, 3:13 pm By Bart Schaneman
New York-based marijuana multistate operator Ascend Wellness Holdings is expanding its vertically…

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The Parent Co. agrees to buy marijuana firm Coastal for up to $56.2 million
Oct 4, 2021, 2:27 pm By John Schroyer
The Parent Co. said Monday it agreed to acquire 100% of the equity of California-based Coastal…

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AFC Gamma expands Justice Cannabis loan to $75 million for NJ, Pa operations
Oct 4, 2021, 1:20 pm By Jeff Smith
Marijuana industry finance company AFC Gamma significantly boosted a loan to Chicago-based Justice…

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Report: Female, minority executives lose ground in marijuana industry
Oct 4, 2021, 12:24 pm By Jenel Stelton-Holtmeier
The percentage of executive positions held by women and minorities in the U.S. cannabis industry…

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Marijuana firm Tilray awarded CEO $13.2 million in cash bonuses this year
Oct 4, 2021, 10:00 am By Matt Lamers
Canadian marijuana producer Tilray paid CEO Irwin Simon cash bonuses totaling $13.2 million (16.7…

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Former MedMen execs Bierman, Modlin file multiple lawsuits against new cannabis partners
Oct 4, 2021, 6:30 am By John Schroyer
The once high-flying co-founders of MedMen Enterprises, Adam Bierman and Andrew Modlin, are back in…

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Cannabis consolidation in Michigan + benefits of tech investments
Oct 1, 2021, 4:24 pm By Kevin Huhn
On Sept. 21, Skymint, one of Michigan's leading vertically integrated cannabis companies, completed…

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Cole Memo author joins National Cannabis Roundtable as adviser
Oct 1, 2021, 4:00 pm By John Schroyer
The National Cannabis Roundtable announced the formation of a new advisory board this week, and its…

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Another massive bust of illegal marijuana grows in California
Oct 1, 2021, 3:00 pm By John Schroyer
California law enforcement officials this week announced two days worth of raids at several…

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SPAC scraps $1.9 billion marijuana deal to take Beau Wrigley’s Parallel public
Oct 1, 2021, 2:49 pm By Jeff Smith
Chewing gum heir William “Beau” Wrigley Jr.’s marijuana multistate company Parallel and music…

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