Capital
GTI Secures $50M Credit Boost
CHICAGO – Green Thumb Industries Inc. has increased its syndicated credit facility by $50 million, raising the total borrowing capacity to $189 million. This incremental draw ...
Curaleaf Completes $500M Debt Refinancing, Extends Maturity to 2029
STAMFORD – Curaleaf Holdings Inc. has finalized a $500 million private placement of 11.5% senior secured notes maturing on February 18, 2029. The company announced the ...
Virginia Medical Cannabis Generated Over $15M in January
RICHMOND – Virginia's medical Cannabis market reaped $15.1 million in sales during January, according to a report published by the Virginia Cannabis Control Authority. The figure, ...
Massachusetts Tops $9 Billion in Cannabis Sales, Eyes Cultivation License Freeze
BOSTON – Massachusetts adult-use Cannabis retailers have surpassed $9 billion in gross sales since the market launched in late 2018, according to the state's Cannabis Control ...
Missouri Cannabis Sales Hit Record $1.5B in 2025
JEFFERSON CITY – Missouri's regulated Cannabis market posted its strongest year yet in 2025, with retailers recording approximately $1.5 billion in total sales, according to figures ...
Lüt Partners with Frankenmuth Credit Union to Process Cannabis Payments in Michigan
FRANKENMUTH – Lüt, a fintech company focused on closed-loop digital payments in Cannabis, has entered a partnership with Frankenmuth Credit Union to broaden access to compliant, ...
Curaleaf Locks In $500M Refinancing for Maturing Notes
STAMFORD – Curaleaf Holdings, Inc. announced that it has obtained commitments for a $500 million private placement of senior secured notes with an interest rate of ...
NY Cannabis Hits First $500M Quarter
NEW YORK – New York's legal Cannabis market set a new record by closing 2025 with its first quarter exceeding $500 million in sales, positioning the ...
UCLA Partners with Terpene Belt Farms to Research Cannabis Flavors
LOS ANGELES – Terpene Belt Farms, a subsidiary of Nexus Agriscience, has been selected as the industry partner in a University of California-led research funded by ...
Virgin Islands Sets Fall 2026 Target for Legal Cannabis Retail Launch
CHARLOTTE AMALIE – The U.S. Virgin Islands Office of Cannabis Regulation has accelerated its timeline for the start of licensed Cannabis sales, with executive director Joanne ...
Trulieve Raises $60M in Senior Secured Notes
TALLAHASSEE – Trulieve Cannabis Corp. announced the completion of the second tranche of its private placement of 10.5% senior secured notes due in 2030, generating $60 ...
Virginia Lawmakers Approve Bill to Establish Regulated Cannabis Sales
RICHMOND – The Virginia House General Laws Committee voted 19-2 to approve legislation that would lay the groundwork for legal retail sales of recreational Cannabis, bringing ...
