Capital
Optimi Health Secures CAD$1 Million in Non-Dilutive Debt Financing
TORONTO— Optimi Health Corp., a Canadian pioneer in psychedelic substance research and production, has successfully secured a non-dilutive Debt Financing Agreement (DFA) for a sum of ...
Rhode Island Sets New Monthly Record with $7.11M in Adult-Use Cannabis Sales
LOS ANGELES- Rhode Island's adult-use cannabis market continues its upward trajectory, hitting a new monthly sales record of $7.11 million in September. This surge in sales ...
Alberta Psychedelics Startups Collaborate Ahead of Expected MDMA Legalization in Canada
LOS ANGELES- Two emerging Alberta-based psychedelics startups, ATMA Journey Centers and Cena Life, are forging a partnership in anticipation of the potential legalization of MDMA-assisted therapy ...
Cresco Labs Finalizes Sale of Arizona Cannabis Operation and Secures New York Mortgage
CHICAGO– In a recent move aligning with its strategic vision of optimizing its portfolio, Cresco Labs Inc., a prominent figure in branded cannabis products, has finalized ...
Curaleaf Holdings Inc. Aims for Listing on the Toronto Stock Exchange
NEW YORK – Curaleaf Holdings Inc., a dominant player in the global cannabis consumer products arena, has taken a definitive step towards expanding its reach by ...
4Front Ventures Secures Credit Agreement, Issues RSUs
PHOENIX — 4Front Ventures Corp., a prominent multi-state cannabis operator and retailer, declared on [Date] the issuance of restricted stock units (RSUs) linked to its newly ...
Major Corporations Lobby for Cannabis Banking Reforms
NEW YORK — An analysis of recent Congressional lobbying disclosures has unveiled that prominent corporations like Bank of America, Mastercard, and GlaxoSmithKline, among others, are now ...
Higher Collective Elevates Connecticut’s Cannabis Landscape with Equity Ventures
LOS ANGELES- Connecticut's budding cannabis sector witnessed a significant milestone earlier this month as Higher Collective, a venture committed to fostering inclusivity and equity in the ...
Pharmaceutical Industry Faces Record-High Settlements Over a Decade, Report Shows
NEW YORK — A recent report has brought to light staggering numbers concerning financial settlements and penalties within the pharmaceutical sector. Published on Oct. 17 by ...
Cresco Labs Finalizes Sale of Arizona Operation and Secures Mortgage on New York Properties
CHICAGO — Cresco Labs Inc. has officially concluded the sale of its single licensed operation in Arizona to an affiliate of Mint Cannabis, marking another significant ...
Arizona Cannabis Sales Drop, But Annual Projection Remains Strong
LOS ANGELES-- Arizona's cannabis sales have experienced a significant downturn in 2023, with the lowest recorded sales in July. Nevertheless, annual projections for the state's cannabis ...
Missouri-based Hwy35 Secures $22 Million Funding for Cannabis Facility in Minnesota
LOS ANGELES- As Minnesota joins the growing list of states legalizing adult-use cannabis, Missouri-based cannabis operator, Hwy35, is already laying down roots in the state with ...