Michigan cannabis operator brings in $50 million from small investor offering
Gage Growth, a Michigan-based cannabis operation, said it raised the maximum $50 million allowed through a Regulation A, small-investor offering. Regulation A […]
Category: Marijuana Cultivation News
San Diego County starts work on marijuana social equity program
One of the few remaining major metro California markets that doesn’t have a marijuana social equity program began down that path when […]
Arizona medical cannabis firms qualify for second grow permit, regulators say
Arizona’s longstanding 130 medical cannabis businesses – which are vertically integrated, by law – may now each snag a second cultivation license […]
New marijuana REIT strikes deal to combine with Israel’s InterCure
Subversive Real Estate Acquisition REIT is combining with Israeli marijuana producer InterCure in a deal that values InterCure at $300 million and […]
Five state medical marijuana markets that could get a boost through reforms in 2021
A handful of states could pass significant medical marijuana reforms this year, providing for additional licensing opportunities and potentially hundreds of millions […]
Michigan testing labs sound warning about contaminated cannabis
A group of marijuana testing labs in Michigan is claiming a large amount of cannabis retail store shelves is rife with mold […]
Harvest closes $34.6M Florida sale-leaseback deal with marijuana REIT
Multistate marijuana operator Harvest Health & Recreation on Monday closed a sale-leaseback transaction, selling a cultivation and processing facility in Alachua, Florida, […]
Premium flower demand drives Colorado wholesale marijuana prices to nearly five-year highs
Wholesale marijuana flower prices in Colorado are climbing in part because of the increased demand from the coronavirus pandemic as well as […]
Aurora Cannabis raising $125 million with eye on reducing debt
Aurora Cannabis is raising $125 million via a stock-purchase deal to finance general corporate activities, which might include “opportunistically reducing debt,” the […]
First Big Tobacco marijuana player exits marijuana, hemp after bankruptcy
The first Big Tobacco company to make a foray into the marijuana and hemp industries is exiting both sectors in a bid to […]