Retail marijuana sales take a slight downturn in Colorado
Retail cannabis sales had been on a steady upward trend month-on-month in Colorado despite the coronavirus pandemic, but that momentum backslid in August. […]
Category: Marijuana Sales, Funding & Banking News
Group inks $182.8M of cannabis deals in bid to become publicly traded REIT
A New York-based limited partnership said it has entered binding agreements to acquire 15 marijuana-related properties in nine states for $182.8 million […]
Green Thumb’s sale-leaseback cannabis deal in Ohio valued at $32.2M
Marijuana multistate operator Green Thumb Industries announced an amended sale-leaseback deal valued at up to $32.2 million for a facility in Ohio, […]
Schwazze backs out of deal to acquire marijuana R&D firm MedPharm
Denver-based Schwazze said it has terminated its planned acquisition of MedPharm, a medical marijuana company in the same city that landed Colorado’s […]
Democrats’ COVID-19 relief bill contains cannabis banking
Buried deep in the U.S. House Democrats’ latest $2.2 trillion coronavirus relief package, announced Monday, is a key provision that will delight […]
Cannabis firm WeedMD borrows CA$30M from Canadian pension fund
Canadian cannabis grower WeedMD secured a loan worth 30 million Canadian dollars ($22.5 million) from the LiUNA Pension Fund of Central and […]
4Front closes on sale of three Maryland medical marijuana dispensaries
Multistate cannabis operator 4Front Ventures said it has completed the sale of three medical marijuana dispensaries in Maryland for $5.5 million, as […]
Metrc awarded Oklahoma’s medical marijuana traceability contract
Florida-based cannabis traceability company Metrc locked down the contract for Oklahoma’s medical marijuana program, bringing the firm’s total track-and-trace pacts to 14 […]
Cannabis REIT makes $56.4 million deal to acquire Florida property
Add another cannabis property to Innovative Industrial Properties’ portfolio after the San Diego-based real estate investment trust (REIT) closed a potentially $56.4 […]
Cannabis operator MedMen inks financing commitments of about $20M
Multistate marijuana operator MedMen Enterprises has raised roughly $20 million of financing, with $11.7 million committed now, in a series of complex […]