Cannabis banking reform reintroduced in US Senate
Less than a week after pro-cannabis banking legislation was reintroduced in the U.S. House of Representatives, a parallel bipartisan measure was revived […]
Category: Marijuana Sales, Funding & Banking News
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 on the Nasdaq exchange to raise […]
Marijuana real estate merger creates firm worth $435 million in assets, cash
Chicago-based NewLake Capital Partners and GreenAcreage Real Estate, a real estate investment trust (REIT) in New York have announced the closing of […]
$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 coronavirus stimulus package, but the door […]
Cannabis companies anticipate added sales bump with new round of stimulus checks
Cannabis companies should expect a bump in sales from the newest round of federal stimulus payments. Cannabis companies anticipate added sales bump […]
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 says values the company at $1.7 […]
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 $51.5 million cultivation and processing facility […]
CWNevada’s receivership might offer blueprint to other financially strapped marijuana businesses
A once-significant player in Nevada’s cannabis industry is in the final stages of liquidating more than $12 million worth of assets under […]
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 offering on the Nasdaq exchange to […]
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 California marijuana business. According to a […]