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Despite Falling Stock Prices, Cannabis Leaders Are Optimistic
Cannabis investors have seen stock prices tumble even as cannabis companies report increasing sales. Green Market Report recently asked some leaders in the cannabis industry how they felt about the market in general despite the market pessimism. Brandon Pollock, CEO...
Cannabis commerce company Dutchie doubles valuation following new funding round
Dutchie, a four-year-old, Bend, Oregon company that charges cannabis dispensaries a monthly fee to create and run their websites and manage orders, is on a roll this year, raising its second large round of funding — this time a $350 million Series D at a $3.75 billion...
Jay-Z Helps Flowhub Raise $19 Million
Cannabis retail point-of-sale company Flowhub, has raised $19 million with some help from Headline, Poseidon, and a personal investment from world-renowned rapper, entrepreneur, and entertainment mogul Shawn “Jay-Z” Carter. The company has so far raised to nearly $50...
Portuguese Medical Cannabis Company AceCann Raises $15 Million
European medical cannabis company AceCann announced the closing of a $15M (USD) round of Seed financing. The funding round was led by venture firm Casa Verde with participation from Portuguese venture capital firm, Lince Capital, along with public funding and debt...
Private Cannabis REIT Pelorus Equity Group Raises $42.2 Million at 7% for 5 Years
Pelorus Equity Group (“Pelorus”), the leading provider of value-add bridge commercial real estate loans to entrepreneurs operating cannabis-use properties, announced that its Pelorus Fund, a private mortgage real estate investment trust, has closed a private placement...
Innovative Industrial Properties to Invest Up to $56.3 Million in Goodness Growth New York Expansion
Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U.S. cannabis industry, announced today that it is extending its long-term real estate relationship with Goodness...
Foothill Capital Management Announces the Cannabis Growth ETF
Foothill Capital Management www.foothillcap.com announced today the conversion of its Cannabis Growth Fund (CANIX), which launched in 2019, into the Cannabis Growth ETF (BUDX) www.cannabisgrowthfunds.com. The specialized asset manager believes that the new structure...
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