Cannabis companies share how they launched social equity funding, programs
Marijuana companies face mounting pressure from advocates, consumers and regulators to address the lack of diversity within the cannabis industry. Cannabis companies […]
Category: Marijuana Sales, Funding & Banking News
Schwazze completes acquisition of 13 Colorado cannabis stores
Schwazze, a Denver-based vertically integrated cannabis operator, said it has acquired the five remaining Star Buds retail outlets in Colorado for $72.3 […]
Cannabis MSO Verano to expand in 3 states via deals exceeding $100M
Cannabis multistate operator Verano Holdings announced agreements to acquire a total of nine operating retail outlets or licenses in Arizona, Illinois and […]
Ascend acquires most of MedMen’s NY cannabis operation for $63 million
Massachusetts-based Ascend Wellness Holdings is acquiring an 86.7% interest in financially strapped MedMen Enterprise’s cannabis operation in New York for $63 million, […]
Acreage selling Florida marijuana arm to Red White & Bloom for $60 million
Multistate marijuana operator Acreage Holdings said it has a definitive agreement to sell its medical cannabis operation in Florida to Red White […]
Marijuana packaging firm KushCo raises $40 million in direct stock offering
California-based marijuana company KushCo Holdings said it expects to net about $40 million from the sale of securities in a direct offering […]
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 […]
A marijuana SPAC can expedite going public, but research on the partner is key
When Jessica Billingsley announced in October 2018 that she was taking Denver-based cannabis technology company MJ Freeway public by merging it with […]
Cannabis firm Agrify prices share offering to raise $75 million
Ancillary cannabis company Agrify priced an underwritten public offering to raise $75 million, less than a month after raising $54 million in […]
Oklahoma medical marijuana sales surpass $800 million for 2020
Medical marijuana sales in Oklahoma reached more than $800 million for 2020, more than twice that of 2019. Oklahoma medical marijuana sales […]