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Innovative Industrial Properties Announces Public Offering of 1,000,000 Shares of Common Stock
Innovative Industrial Properties, Inc. announced today that it has commenced a public offering of 1,000,000 shares of its common stock. The Company expects to grant the underwriters a 30-day option to purchase up to an additional 150,000 shares of its common stock....
Chuck Schumer Could Light Up Cannabis Stocks
On February 1st, Senate Majority Leader Chuck Schumer and fellow Democrat Senators Cory Booker and Ron Wyden issued a joint statement suggesting that they would be drafting comprehensive cannabis reform legislation. Almost four months later, this hasn’t yet happened....
Snoop Dogg-backed Oxford cannabis research firm makes top London debut
Shares in an Oxford cannabis research company backed by US rapper Snoop Dogg soared in its debut on the London Stock Exchange. The Evening Standard reports shares in Oxford Cannabinoid Technologies (OCT) jumped by 50 per cent to 7.5p in early trading before settling...
How Dallas became the unlikely home of one of the largest cannabis investment firms in the U.S.
When Matt Hawkins first considered investing in cannabis in 2014, a couple of his longtime partners sat him down and offered some sobering advice: “You can’t do this. You’re going to ruin your reputation.” Hawkins didn’t listen. Today, seven years later, the Dallas...
Cannabis REIT Raises $300 Million Selling 5-Year Notes at 5.50%
Innovative Industrial Properties, Inc. announced today that its operating partnership, IIP Operating Partnership, LP (the “Operating Partnership”), priced a private offering of $300 million aggregate principal amount of 5.50% Senior Notes due 2026 (the “notes”). The...
Global Cannabis Investments Hit Another Snag with Policy Change
It wasn’t that long ago that cannabis industry investment opportunities were very limited as policy change happens often. In some ways they still are, but not nearly as limited as in years past. Thanks to cannabis reform victories the legal cannabis industry is...
Fire & Flower Expands Presence to British Columbia With Two Vancouver Retail Cannabis Stores
Fire & Flower Holdings Corp, today announced its entry into the British Columbia (“B.C.”) cannabis market with the opening of its first two retail locations, both in Vancouver. Expanding upon one of the largest retail networks for cannabis in Canada, today the...
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