NewLake Capital Partners and real estate investment trust (REIT) GreenAcreage closed a merger that creates a massive marijuana real estate company. The combined company boasts more than $325 million in assets and $110 million-plus in cash as it pursues further...
Health Canada will soon embark on a review of fees collected by the federal government from cannabis companies, including studying the impact those fees have on the industry as well as the policy goals of legalization. “License holders will be engaged in this work...
(The story has been updated to reflect that the bill was officially reintroduced). A cannabis banking reform bill was reintroduced in the U.S. House of Representatives on Thursday, according to congressional staffers. The House passed the Secure and Fair Enforcement...
Marijuana e-commerce platform I Heart Jane suffered a slowdown on Wednesday that impacted an unknown number of recreational and medical cannabis retailers that rely on the software. I Heart Jane is used by at least 1,700 “dispensaries and brands across 33 state...
Smiths Falls, Ontario-based cannabis producer Canopy Growth has taken out a senior secured loan worth $750 million ($932 million Canadian dollars) – with the possibility of borrowing $500 million more – in a deal with investment management firm King Street Capital...
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