Cannabis M&A activity intensifies as investor sentiment brightens since November election
Cannabis mergers and acquisitions are heating up, with more than $600 million worth of deals announced on Tuesday alone – and that’s […]
Category: Marijuana Sales, Funding & Banking News
Marijuana investor Casa Verde Capital closes $100 million funding round
Casa Verde Capital, a California-based marijuana investment fund launched by rapper Snoop Dogg, finalized a $100 million raise. This raise and a […]
SPACs pump hundreds of millions of dollars into US cannabis industry through acquisitions
Two cannabis special purpose acquisition companies (SPACs), Silver Spike Acquisition Corp. and Subversive Capital Acquisition Corp., recently announced deals worth more than […]
Red White & Bloom borrows $60 million to buy Illinois marijuana grow facility
Toronto-based multistate cannabis company Red White & Bloom Brands (RWB) will purchase Illinois-based medical and recreational cultivation facility Cannabis Capital Partners Inc. […]
Cannabis MSO 4Front nets $33 million from sale-leaseback deal
Cannabis multistate operator 4Front Ventures said it has completed a sale-leaseback of cultivation and production facilities in Massachusetts and Washington state, generating […]
Marijuana firm Verano plans to go public at reported $2.9 billion valuation
Multistate marijuana company Verano Holdings intends to go public on the Canadian Securities Exchange at a value of nearly $2.9 billion through […]
How passage of the SAFE Banking Act could impact cannabis businesses
The SAFE Banking Act is nearing the finish line in the U.S. Congress, and many expect it to become law sometime in […]
Colorado retail cannabis sales already eclipsing record-setting 2019
Colorado’s cannabis retailers set the record for single-year sales, surpassing 2019 numbers, and that’s with only 10 months counted. Colorado retail cannabis […]
Marijuana MSO Ayr Strategies increases capital raise to $110 million
Multistate marijuana operator Ayr Strategies announced that it has increased a $75 million debt offering to $110 million because of strong demand. […]
Trials minorities face raising marijuana capital: Q&A with DC dispensary owner Linda Mercado Greene
Linda Mercado Greene, co-founder and CEO of Anacostia Organics, was already a successful businesswoman and a veteran political strategist when she decided […]