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 […]
Category: United States Cannabis Industry & Marijuana Business News
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 […]
Oklahoma leads nation in marijuana cultivation licenses issued in 2020
While California is widely touted as the largest legal cannabis market in the world, analysis of cultivation license data from Cannabiz Media […]
Nearly 60 Los Angeles cannabis businesses poised to lose licenses on New Year’s Day
At least 57 licensed cannabis companies in Los Angeles are poised to see their business permits yanked by city authorities at the […]
Maine medical marijuana operator sues over MMJ residency requirement
Maine’s leading medical marijuana operator is challenging the state’s MMJ residency requirement, seven months after suing and getting the state to back […]
Cannabis banking reform excluded from $900 billion coronavirus relief package
Cannabis banking reform will have to wait. Such reform isn’t included in the 5,593-page, $900 billion coronavirus relief bill being considered Monday […]
Strategies that helped marijuana companies thrive in 2020
Let’s face it: 2020 has been brutal. A global pandemic An economic recession. And a hyper-partisan presidential election. Strategies that helped marijuana […]
Marijuana MSO MedMen fights to turn around finances, but challenges linger
Financially strapped MedMen Enterprises is showing modest improvement, raising the possibility that the California-based multistate marijuana operator has hit bottom and is […]
Cannabis MSO Acreage appoints former top Pfizer executive as CEO
Multistate marijuana company Acreage Holdings Inc. has appointed Peter Caldini as chief executive officer. Cannabis MSO Acreage appoints former top Pfizer executive […]
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. […]