Cannabis MSO Jushi eyes Virginia market after $58 million raise
Multistate marijuana operator Jushi Holdings closed a deal to raise $58.8 million with plans to acquire a marijuana operation in Virginia for […]
Category: Marijuana Sales, Funding & Banking News
Credit union innovator to head new cannabis bank
Cannabis banking-compliance innovator Sundie Seefried is transitioning from her broader role as CEO of a Colorado credit union to a sole focus […]
Aurora reports lower sales of adult-use cannabis
Aurora Cannabis sold less adult-use marijuana in its second quarter of 2021 compared to the previous quarter, but that was partially offset […]
Colorado’s total marijuana sales near $10 billion, buoyed by record 2020
Colorado’s total marijuana sales reached nearly $10 billion since legal sales began in 2014. Colorado’s total marijuana sales near $10 billion, buoyed […]
Cannabis MSO Green Thumb nets $100M through initial US stock sale
Cannabis multistate operator Green Thumb Industries said it accepted an offer to sell $100 million of stock to a single institutional investor […]
Marijuana real estate lender AFC Gamma to raise up to $105M in IPO
Marijuana industry real estate investment trust Advanced Flower Capital, also known as AFC Gamma, is planning an initial public offering on the […]
Funding for marijuana companies surges after Democrats win control of White House, Congress
A Democratic election trifecta – control of the White House and both chambers of Congress – is giving marijuana industry executives hope […]
Cannabis delivery platform Lantern on its own after Uber-Drizly deal
Lantern, a cannabis delivery platform that started operations in 2020, will operate as an independent private business in the wake of the […]
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 […]
Cannabis firm Weedmaps aims for 175% revenue growth via higher ad prices, wider footprint
Cannabis advertising giant Weedmaps hopes to boost its revenue over the next three years by a whopping 175% – and investors are […]