Wrigley chewing gum heir to take cannabis MSO Parallel public via $1.9 billion deal
Chewing gum heir William “Beau” Wrigley Jr., the CEO of Atlanta-based Parallel, struck a mammoth deal with an entertainment mogul to take […]
Category: finance
Cannabis M&A in the Post-COVID Era
After a slow start following a disappointing 2019, M&A in the cannabis space closed 2020 with a bang, with more than $600 […]
2021 Trends: Nine Developments in California’s Cannabis Market
While we’re pleased to report that 2020 is almost over, 2021 will be a mixed bag. New jurisdictions will open their doors […]
Navigating the Cannabis Industry in the Current Climate
All major industries took a hit during the COVID-19 pandemic, but in many states, cannabis dispensaries were labeled as essential, which has […]
Politically Motivated Investigations of Legitimate Cannabis Businesses: One More Reason for Cannabis Operators to Return to the Black Market?
In June 2020, John W. Elias, a prosecutor in the United States Department of Justice’s Antitrust Division, testified to the U.S. House […]
A Dank Opportunity: Private Equity in the Cannabis Industry & Compliance with the Securities Act
Under current federal law, financial institutions are extremely limited in the services and resources that they can offer to cannabis companies. Without […]
Solutions & Alternatives to Bankruptcy for Cannabis Businesses
A Cannabis Related Business (or CRB), whether a plant-touching operation or a provider of goods and services to plant-touching operations cannot seek […]
SAFE Banking Act Included in COVID-19 Legislation
Earlier today, Speaker Nancy Pelosi debuted the latest piece of legislation to help Americans impacted by the coronavirus pandemic. The Health and […]