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MariMed Completes Two Acquisitions in Maryland and Illinois
Multistate operator MariMed recently locked down two new acquisitions: Kind Therapeutics, in Maryland, and Green Growth, in Illinois. Multistate operator MariMed recently locked down two new acquisitions: Kind Therapeutics, in Maryland, and Green Growth, in Illinois....
Cannabis Equity And The Promise Of Reparations For The War On Drugs
The growing acknowledgment that the War on Drugs targets Black and brown communities provides an opportunity to employ race-conscious measures that give reparations to BIL communities. In just a few years cannabis transformed from an illicit product to the 5th most...
Cannabis company CannTrust enters creditor protection, stock halted
Marijuana producer CannTrust Holdings Inc. said Tuesday that it had obtained an initial order from a Canadian court to protect it under a law there that allows companies to avoid bankruptcy. The New York Stock Exchange halted trading U.S. shares of CannTrust and...
Cannabis REIT Chicago Atlantic Raises $100 Million in NASDAQ IPO
Chicago Atlantic Real Estate Finance, Inc. (“Chicago Atlantic”), a commercial real estate finance company, announced today that it has priced its initial public offering of 6,250,000 shares of its common stock at a public offering price of $16.00 per share. Chicago...
South African cannabis company lists on German Stock Exchange
JSE-Listed investment holding company Labat Africa has listed its shares as a dual listing on the Frankfurt Stock Exchange (FSE). Labat listed on the Johannesburg Stock Exchange in 1996, repositioned, and made a strategic shift to become a fully integrated cannabis...
Marijuana Company of America Inc. (MCOA) Leverages Strategic Partnerships to Facilitate Growth Within the Industry
The cannabis industry just celebrated its second-largest holiday of the year – Green Wednesday, the industry’s very own “Black Friday.” According to software company Akerna’s figures, the sale of legal cannabis products during the four-day holiday (November 24-27) is...
Cannabis Industry Lender Bespoke Financial Closes $125 Million Credit Facility
Bespoke Financial, the nation’s first cannabis-focused fintech lending platform, announced today the closing of a $125 million credit facility. This infusion of capital from institutional investment funds is a strong show of confidence in cannabis debt financing as...
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