M4MM
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, ...
Financial and Regulatory Hurdles Challenge New Cannabis Enterprises
LOS ANGELES- Emerging cannabis businesses in the United States are encountering significant barriers to entry, primarily due to financial constraints, complex regulatory environments, and competition from established entities. Access to capital remains a primary obstacle ...
Texas Agriculture Commissioner Advocates for Hemp Restrictions and Medical Cannabis Expansion
LOS ANGELES- Texas Agriculture Commissioner Sid Miller has expressed support for restricting the sale of unregulated hemp-derived THC products while advocating for the expansion of the state's medical cannabis program. In a recent opinion piece, ...
Minnesota Approves Hemp Seed Meal for Laying Hens
LOS ANGELES- The Minnesota Department of Agriculture (MDA) has authorized the use of hemp seed meal in feed for laying hens, positioning Minnesota among the first states to permit this ingredient in poultry diets. Hemp ...
Vireo Growth Inc. Secures $75 Million Financing and Acquires Four Cannabis Operators
LOS ANGELES- Vireo Growth Inc. has announced a $75 million equity financing at $0.625 per share, alongside agreements to acquire four single-state cannabis operators for approximately $397 million in all-stock transactions. The acquisitions include Proper ...
Canopy USA Appoints M. Brooks Jorgensen as President
LOS ANGELES- Canopy USA, a subsidiary of Canopy Growth Corporation, has announced the appointment of M. Brooks Jorgensen as its new President. Jorgensen brings over two decades of experience in the wine and spirits industry, ...
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, ...
Financial and Regulatory Hurdles Challenge New Cannabis Enterprises
LOS ANGELES- Emerging cannabis businesses in the United States are encountering significant barriers to entry, primarily due to financial constraints, complex regulatory environments, and competition from established entities. Access to capital remains a primary obstacle ...
Schwazze Adds Key Hires to Senior Leadership Team
DENVER - Schwazze, (OTCQX: SHWZ), announced the addition of key roles to support the Company's significant expansion within manufacturing, cultivation, and information technology. As Vice President of Manufacturing and Supply Chain, David Kaufman joined the ...
Ayurcann Holdings Corp. Launches “Fuego” Vapes In Alberta And Announces Symbol Change on OTCQB Market
TORONTO- Ayurcann Holdings Corp. (CSE: AYUR) (OTCQB: AYURF) (FSE: 3ZQ0), a Canadian cannabis extraction company specializing in the processing and co-manufacturing of pharma grade cannabis and hemp to produce various derivative cannabis 2.0 products in ...
Leafy Tunnel Announces First Closing of Medical Cannabis & Psychedelics Fund
LONDON–Leafy Tunnel Ltd, an early stage venture capital firm which acts as the investment adviser to Leafy Tunnel Fund 1, has announced the first closing of its Guernsey-based fund that invests in medical cannabis and psychedelics. The investment strategy of ...
HEXO Provides Nasdaq Listing Update
GATINEAU, Québec - HEXO Corp (TSX: HEXO; NASDAQ: HEXO), announced that it received notification from The Nasdaq Stock Market LLC that it is not in compliance with the minimum bid price requirement in Nasdaq Listing ...
GrowGeneration Acquires Horticultural Rep Group
DENVER - GrowGeneration Corp. (NASDAQ: GRWG), the nation's chain of specialty hydroponic and organic garden centers, announced the acquisition of Horticultural Rep Group (HRG). "With this acquisition, GrowGen is strengthening its global product supply chain ...
72% of Cannabis Operators: Lack of Banking is Biggest Concern
PORTLAND, Ore. - Whitney Economics, the economic consulting firm in the cannabis industry, has just released its latest report, U.S. Cannabis Business Conditions Survey Report. This report reveals how cannabis industry operators are viewing the ...
4Front Ventures Corp. Closes Accretive Acquisition of New England Cannabis Corporation
PHOENIX - 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF), a multi-state cannabis operator and retailer, announced it has closed on the purchase of New England Cannabis Corporation, a cannabis cultivator with state-of-the-art facilities based in ...
The Parent Company Announces Voluntary Extension of Board of Director and Leadership Team Lock-up Agreements
SAN JOSE, Calif - TPCO Holding Corp. (NEO: GRAM.U) (OTCQX: GRAMF), a California cannabis company, announced that certain insiders have individually voluntarily entered into a twelve-month extension of lock-up agreements with the Company with respect ...
High Tide Announces Unaudited 2021 Financial Results Featuring a 118% Increase in Revenue
CALGARY, AB- High Tide Inc. (NASDAQ: HITI) (TSXV: HITI) (FSE: 2LYA), a retail-focused cannabis company with bricks and mortar as well as global e-commerce assets, announces its year end unaudited 2021 financial results on January ...
Trulieve Announces Closing of $75 Million Private Placement of 8% Senior Secured Notes
TALLAHASSEE, Fla. - Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), announced that it has closed a second tranche of its previously announced private placement of 8% Senior Secured Notes due 2026 for aggregate gross proceeds ...
Chicago Atlantic Real Estate Finance Funds Senior Secured Credit Facility to Sanctuary Medicinals
CHICAGO - Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI), a commercial real estate finance company, announced it funded $10 million as the initial advance of a new $25 million senior secured credit facility to ...
Ayr Wellness Adds Joyce Johnson-Miller to Board of Directors
MIAMI - Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), a U.S. multi-state cannabis operator, announced that it has welcomed Joyce Johnson-Miller to the Company’s Board of Directors. Additionally, Ms. Johnson-Miller has been appointed and confirmed ...
Charlotte’s Web Names Jade Proudman Global Brand Ambassador
DENVER and LONDON - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc., has named Jade Proudman, the Chief Executive Officer of Savage Cabbage, one of the oldest and trusted CBD companies in the UK, as ...
TSUMo Snacks Secures $4M In Seed Funding Round Led by Casa Verde
LOS ANGELES - TSUMo Snacks announced today that it raised a $4M Seed round led by Casa Verde. The new cannabis brand aims to elevate the way people consume THC through its innovative salty & ...
Thomas Scientific Unveils Cannabis Team to Serve Rapidly Growing Industry
SWEDESBORO, N.J. - North America's distributor serving science, Thomas Scientific, has launched a dedicated cannabis team and business unit committed to serving laboratories, researchers, and manufacturers operating within the growing industry. Following the blueprint successfully ...
