DENVER–(BUSINESS WIRE)–Schwazze, formerly operating as Medicine Man Technologies Inc. (“Schwazze”), today announced that it has closed its most recent tranche of preferred equity, increasing the total capital raised to date through its private placement offering to...

Charlotte’s Web Holdings, a Colorado-based, hemp-derived CBD leader, said it signed a five-year purchase agreement option to acquire a marijuana company for $8 million. The marijuana business was started by Charlotte Web’s founding company, Stanley Brothers USA...

A third Minnesota House committee has approved a bill to legalize marijuana in the state—but even more, panels are expected to take up the legislation before it reaches the floor. House Majority Leader Ryan Winkler (D), Speaker Melissa Hortman (D), and other lawmakers...

Multistate marijuana operator MariMed said it has raised $46 million to support acquisitions and repay most of its long-term debt. Hadron Healthcare Fund is providing the capital, including an initial $23 million on March 2, in exchange for MariMed stock and warrants....

Cannabis-related ETFs have been on fire recently, and their outperformance has continued to start the month of March. Last week the AdvisorShares Pure US Cannabis ETF (MSOS) announced it had gathered over $1 billion in assets. The fund was up 2.2% Monday morning amid...

Illinois-based marijuana multistate operator Cresco Labs filed a preliminary prospectus to raise up to $1 billion in securities over the next 25 months. Cresco is the latest cannabis company to file a large so-called shelf registration as the investment climate for...