Legal Affairs
AYR Locks In $50M Bridge Loan to Strengthen Restructuring Efforts
MIAMI – AYR Wellness Inc., a vertically integrated multistate Cannabis operator, has finalized a senior secured bridge credit agreement offering up to $50 million in funding to maintain operations and advance its restructuring plan. The ...
NY Regulators Delay Hearing in Bid for Settlement with Cannabis Dispensary Owners
NEW YORK – New York state Cannabis regulators have postponed a key hearing on a disputed proximity rule, aiming to negotiate a resolution with affected dispensary operators. The move comes after a lawsuit from business ...
Cannabis Stocks Rally but Remain Undervalued Relative to Peers, Viridian Report Finds
LOS ANGELES – U.S. Cannabis companies have posted impressive gains this year, yet their valuations still trail those of comparable industries, a new analysis from Viridian Capital Advisors indicates. The Weekly Chart by Viridian plots ...
Italy Enacts Security Decree Targeting Protests, Squatting, and Cannabis Industry
LOS ANGELES— Italy's Senate has passed a comprehensive security decree introduced by Prime Minister Giorgia Meloni's right-wing coalition, intensifying penalties for public demonstrations, unauthorized property occupations, and the commercial sale of certain cannabis products. The ...
Czech Republic Advances Cannabis Decriminalization
LOS ANGELES— The Czech Republic's Chamber of Deputies has approved a significant amendment to the nation's criminal code, decriminalizing the possession and cultivation of cannabis for personal use. The measure permits adults to grow up ...
Ascend Wellness Secures $50 Million Through Private Placement of Senior Secured Notes
LOS ANGELES- Ascend Wellness Holdings, Inc. a multi-state, vertically integrated cannabis operator, has completed a $50 million private placement of its 12.75% senior secured notes due 2029. The notes, issued at 97.5% of face value, ...
Alphabet Soup: Common Acronyms in Cannabis and Why You Need to Know Them
LOS ANGELES- Running a cannabis business means speaking more than the language of cultivation and branding — it means speaking compliance, with all its acronyms. You’ve likely seen a wall of them — ADA, OSHA, ...
AYR Locks In $50M Bridge Loan to Strengthen Restructuring Efforts
MIAMI – AYR Wellness Inc., a vertically integrated multistate Cannabis operator, has finalized a senior secured bridge credit agreement offering up to $50 million in funding to maintain operations and advance its restructuring plan. The ...
NY Regulators Delay Hearing in Bid for Settlement with Cannabis Dispensary Owners
NEW YORK – New York state Cannabis regulators have postponed a key hearing on a disputed proximity rule, aiming to negotiate a resolution with affected dispensary operators. The move comes after a lawsuit from business ...
Cannabis Stocks Rally but Remain Undervalued Relative to Peers, Viridian Report Finds
LOS ANGELES – U.S. Cannabis companies have posted impressive gains this year, yet their valuations still trail those of comparable industries, a new analysis from Viridian Capital Advisors indicates. The Weekly Chart by Viridian plots ...
