MJBizDaily · Page 232

AFC Gamma raising $100 million to finance loans to cannabis companies
Oct 29, 2021, 5:14 pm By Matt Lamers
AFC Gamma priced an offering of $100 million aggregate senior notes to qualified institutional…

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New Frontier to acquire Skylight Health marijuana division for $8.6 million
Oct 29, 2021, 4:45 pm By John Schroyer
Washington DC-based analytics firm New Frontier Data said Friday that it's agreed to acquire the…

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2 more Illinois companies sue state over cannabis licensing process
Oct 29, 2021, 1:30 pm By Bart Schaneman
Two companies applying for marijuana business licenses in Illinois have filed a lawsuit against the…

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Rhode Island issues five new medical marijuana dispensary licenses
Oct 29, 2021, 12:32 pm By John Schroyer
Rhode Island officials on Friday awarded five new medical marijuana dispensary licenses to business…

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Hexo loss improves to CA$114M, but auditor warns of debt repayment
Oct 29, 2021, 10:35 am By Matt Lamers
Canadian cannabis producer Hexo’s net loss improved to 113.6 million Canadian dollars ($92…

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‘Wunderkind’ CEO of Neptune cannabis firm granted CA$69 million in compensation over 2 years
Oct 29, 2021, 8:00 am By Matt Lamers
Neptune Wellness Solutions, a Quebec-based health and wellness company involved in the cannabis…

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Marijuana companies turn to training, sommelier-like roles to stem employee turnover
Oct 29, 2021, 6:30 am By Roger Fillion
Fine restaurants employ sommeliers who can tell diners just the right bottle to pair with, say,…

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Company challenges seizure of marijuana cash proceeds in Kansas
Oct 28, 2021, 5:21 pm By Bart Schaneman
A Pennsylvania cash management company is asking a federal court to give back nearly $166,000 after…

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Nugs parent reaches deal to buy part of California cannabis cultivation facility
Oct 28, 2021, 2:53 pm By Matt Lamers
Los Angeles-based cultivator Cannabis Strategic Ventures signed a memorandum of understanding with…

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Illegal marijuana grows in Oregon linked to drug cartels, state police say
Oct 28, 2021, 1:11 pm By Bart Schaneman
Many illegal marijuana grows in one Oregon county are operated by national and international…

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California’s ramped-up enforcement seizes 1.2 million illicit cannabis plants
Oct 28, 2021, 11:58 am By John Schroyer
Enforcement against illicit cannabis operators continues to ramp up in California, with authorities…

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Don’t give up on market opportunities for minor cannabinoids
Oct 28, 2021, 6:30 am By Bart Schaneman
The inclusion of delta-8 THC in the U.S. Drug Enforcement Administration's "orange book" of…

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Cost of debt keeps going down for cannabis MSOs
Oct 27, 2021, 5:00 pm By Kevin Huhn
The cost of debt continues to decline for the largest multistate operators, as evidenced by Verano…

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Hydrofarm spends $58 million on another marijuana acquisition
Oct 27, 2021, 3:25 pm By Jeff Smith
Hydrofarm Holdings Group entered an agreement to acquire Illinois-based Innovative Growers Equipment…

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Columbia Care partners with boxing great Mike Tyson on cannabis brand
Oct 27, 2021, 2:15 pm By John Schroyer
New York-based Columbia Care said Wednesday it plans to launch a new cannabis brand in partnership…

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PharmaCann marijuana workers in New York ratify union contract
Oct 27, 2021, 1:12 pm By Bart Schaneman
Employees of the New York marijuana business Verilife, operated by multistate cannabis company…

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Louisiana plans to regulate, not ban, delta-8 THC
Oct 27, 2021, 9:00 am By Kristen Nichols
Louisiana is set to allow hemp-derived delta-8 THC in food, a surprising step as more than a dozen…

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Marijuana retailers add VIP rooms, consumption lounges, other amenities to woo customers
Oct 27, 2021, 6:30 am By Roger Fillion
Drive-thrus, VIP sales areas, consumption lounges – even separate rooms to buy cannabis growing…

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Driven by Stem enters new cannabis market by acquiring Colorado Harvest
Oct 26, 2021, 4:00 pm By Jeff Smith
Florida-based cannabis multistate company Stem Holdings, known as Driven by Stem, signed a letter of…

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South Dakota bars medical marijuana companies from advertising
Oct 26, 2021, 3:00 pm By Bart Schaneman
South Dakota lawmakers finalized rules prohibiting advertising of medical marijuana and eliminating…

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