Multistate marijuana operator Acreage Holdings said it raised $33 million in debt, a development that shows an easing of a credit crunch facing the company. The three-year loan with an unidentified institutional lender is unsecured and at a 7.5% annual interest rate,...
As extreme weather events ravage the country from coast to coast – including wildfires, floods and early freezes – marijuana growers are being forced to reevaluate their risks and consider changes to their cultivation practices. Outdoor marijuana growers, in...
Los Angeles-based High Times Holding apparently lost the leases on both San Francisco marijuana properties that were a key part of a much-vaunted $80 million retail acquisition from Arizona multistate operator Harvest Health & Recreation. The deal was announced in...
California cannabis companies won’t see their state taxes go up until at least next year. Gov. Gavin Newsom signed into law Assembly Bill 1872 (same language as Senate Bill 827), which prohibits the California Department of Tax and Fee Administration from adjusting...
Participation in British Columbia’s upcoming Indigenous Shelf Space Program will be voluntary for the province’s privately owned cannabis stores, according to provincial regulators. The relatively small number of government-run stores – 20 so far – will participate,...
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