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Consumer Research2020-11-05T23:41:25-08:00

Consumer Research

Week in Review: Cannabis & Psychedelics Industry Highlights

LOS ANGELES – The Cannabis and Psychedelics sectors remain in a state of flux, balancing regulatory progress, market milestones, and corporate maneuvers with persistent challenges. Mature markets posted impressive revenue numbers, major operators strengthened their ...

Cannabist Closes $130M Sale of Virginia Assets

CHELMSFORD – The Cannabist Co. Holdings Inc. completed the sale of its Virginia Cannabis business to an affiliate of Millstreet Credit Fund LP, generating total consideration of $130 million. The deal involves the transfer of ...

  • Verano Holdings Corp.

Verano Secures $75M Credit Agreement

CHICAGO – Verano Holdings Corp. has finalized a $75 million revolving credit facility, drawing $50 million immediately to pay down higher-cost debt and leaving $25 million on tap for future needs. The deal, arranged by ...

Starmer Rules Out Cannabis Legalization in UK

LIVERPOOL – British Prime Minister Keir Starmer made clear during a question-and-answer session with high school students this week that his government has no plans to legalize Cannabis, a position that stands in contrast to ...

Jushi Secures $4M in Revised FVCBank Loan

BOCA RATON – Jushi Holdings Inc. has adjusted the terms of its secured loan with FVCBank, gaining an extra $4 million in funding while pushing back the repayment deadline and trimming interest costs. The changes, ...

GTI Launches $50M Share Buyback Program

CHICAGO – Green Thumb Industries announced that its board has approved a program to repurchase up to $50 million of its subordinate voting shares over the next year. The initiative, set to begin on September ...

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