by InfluencER | Mar 22, 2021 | Investors
Bluma Wellness Inc. announced that shareholders of the Company approved all resolutions brought before them at the Company’s Special Meeting of Shareholders held today, including the special resolution to approve the acquisition of the Company by Cresco Labs Inc....
by InfluencER | Mar 19, 2021 | Politics and Law
A bill to protect banks that service state-legal marijuana businesses from being penalized by federal regulators have again been filed in the House. Rep. Ed Perlmutter (D-CO) reintroduced the legislation, titled the Secure and Fair Enforcement (SAFE) Banking Act. The...
by InfluencER | Mar 19, 2021 | Politics and Law
Delaware lawmakers on Thursday introduced a much-anticipated bill to legalize marijuana in the state, though the governor’s ongoing concerns about the policy change continue to represent an obstacle. The legislation, sponsored by Rep. Ed Osienski (D), would establish...
by InfluencER | Mar 19, 2021 | Investors
NewLake Capital Partners and real estate investment trust (REIT) GreenAcreage closed a merger that creates a massive marijuana real estate company. The combined company boasts more than $325 million in assets and $110 million-plus in cash as it pursues further...
by InfluencER | Mar 19, 2021 | Production
Smiths Falls, Ontario-based cannabis firm Canopy Growth has taken out a senior secured loan worth $750 million ($932 million Canadian dollars), with the possibility of borrowing $500 million more, in a deal with investment management firm King Street Capital...
