Large Canadian Cannabis Producers Attracted To Small-Batch Cultivators
Growing consumer appetites for premium craft cannabis products have led large Canadian marijuana producers to turn to small batch cultivators. To that end, some large producers have partnered with...
Merrill Lynch To Begin Accepting Cannabis Clients
The ongoing federal ban on marijuana makes financing, banking, and investing difficult. Merrill Lynch sees investment potential and will be relaxing its approach to accepting clients with marijuan...
Marijuana Stocks Taking A Hit After Earlier Highs
After two years of growth and high stock prices, cannabis stocks have plummeted by 50%. The lack of progress for U.S. federal legalization is frequently cited as the cause for investors to flee ca...
Two Native American Casinos To Open Mega-Dispensaries
Foxwoods Resort Casino in Connecticut, owned and operated by Mashantucket Pequot Tribal Nation, and North Carolina’s Harrah’s Cherokee Casino Resort, owned by Eastern Band of Cherokee Indians are ...
Ascend Wellness Borrows $210 Million To Repay Majority Of Debt
New York-based cannabis MSO, Ascend Wellness Holdings (AWH), secured a loan of at least $210 million at a 9.5% annual interest rate in order to repay “substantially all” of the company’s outstandin...
Decibel Cannabis Company Inc. Announces Increase In Offering To $13 Million
Premium cannabis producer, Decibel Cannabis Company Inc., has agreed with Eight Capital, Haywood Securities Inc., and Raymond James to increase the size of its financing for gross proceeds of $13,...
South Africa Moves Forward With Its Cannabis Strategy
The South African Department of Agriculture, Land Reform, and Rural Development endured a two-year process to develop a national strategy for the industrialization and commercialization of cannabi...
