Virginia lawmakers pass landmark recreational marijuana legalization bills
Virginia took a major step toward becoming the 16th state in the nation to legalize a recreational marijuana market and the first […]
Category: United States Cannabis Industry & Marijuana Business News
Scammers preying on Michigan marijuana businesses, regulator warns
Michigan’s marijuana regulatory agency is warning local cannabis companies that fraudsters are masquerading as regulators and industry executives in a bid to […]
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 […]
iAnthus receives $11M loan, go-ahead to finish New Jersey cannabis facility
Cannabis multistate operator iAnthus said it has closed on $11 million of financing to complete a build-out and improvements of a cultivation […]
Market for licensed marijuana businesses heats up as buyers snap up retail stores, other properties
The market for buying and selling licensed cannabis businesses has perhaps never been hotter, with demand fueled by new entrants into the […]
Will GW’s multibillion-dollar sale ‘open floodgates’ to pharma-cannabis deal-making?
Jazz Pharmaceuticals’ planned $7.2 billion takeover of United Kingdom-based GW Pharmaceuticals could kick off a wave of deal-making between pharma and medical […]
Power REIT acquires Canndescent cannabis greenhouse for $7.7 million
New York-based Power REIT on Thursday announced the acquisition of a 37,000-square-foot Southern California greenhouse used for cultivation of commercial cannabis in […]
Pennsylvania governor makes budget pitch for legalizing recreational cannabis
Pennsylvania Gov. Tom Wolf, as expected, has made legalizing recreational cannabis one of his administration’s top legislative priorities this year. Wolf highlighted […]
L.A. social equity marijuana retailers allowed to apply for state licenses
Roughly two dozen of 200 upcoming social equity marijuana retailers in Los Angeles got the greenlight from city regulators to apply for […]
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 […]