Featured | MJ Shareholders

Verano Borrows $120 Million at 8.5%

Featured Trending Stories October 20, 2021 0

Verano Upsizes Credit Agreement to US$250 Million at 8.50% With an Additional US$100 Million Option Adds substantial, non-dilutive capital to the Company’s balance sheet, further buttressing its strong cash position. Supports continued execution of Verano’s near- and long-term growth strategies. Reduces the Company’s cost of capital with an improved,... Read more

Ayr Wellness Raises $49.7 Million Through Warrant Exercises

Featured Trending Stories October 20, 2021 0

Ayr Wellness Provides Final Results of Warrant Acceleration and Incentive MIAMI, Oct. 20, 2021 (GLOBE NEWSWIRE) — Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“Ayr” or the “Company”), a vertically-integrated cannabis multi-state operator (MSO), today announced the final results of its accelerated warrant acceleration expiry and incentive program. The... Read more

New York Employers Can’t Drug Test Most Workers For Marijuana, State Announces

Featured Marijuana Industry Marijuana Industry News October 19, 2021 0

The Democratic leader of a key U.S. Senate committee on Monday released the text of legislation that, if enacted, would finally allow Washington, D.C. to legalize recreational marijuana sales—in contravention of the wishes of President Joe Biden. The new bills and attached report language announced by Senate Appropriations Committee... Read more

South Dakota Lawmakers Advance Marijuana Legalization Bill As Activists Pursue 2022 Ballot Initiative

Featured Marijuana Industry Marijuana Industry News October 19, 2021 0

The Democratic leader of a key U.S. Senate committee on Monday released the text of legislation that, if enacted, would finally allow Washington, D.C. to legalize recreational marijuana sales—in contravention of the wishes of President Joe Biden. The new bills and attached report language announced by Senate Appropriations Committee... Read more

Virginia Has Sealed 64,000 Cannabis Distribution Charges

Featured Trending Stories October 19, 2021 0

More than 64,000 misdemeanor charges related to distribution of cannabis have been sealed in Virginia since July, when pot legalization officially took effect in the commonwealth. The figure emerged last Thursday “during a meeting of the legislature’s Cannabis Oversight Commission,” according to the Virginia Mercury. “Officials said the records... Read more

Miguel Unveils Nitrogen-Powered Cannabis Drink You Can See in Action

Featured Trending Stories October 19, 2021 0

Going beyond most celebrity-endorsed cannabis products, Grammy Award winning artist Miguel took upon the roles of co-founder, owner and Chief Creative Director of Kalvara—a cannabis-infused drink company that takes a completely novel technological approach to infusion. Kalvara is the maker of the patented Vessl™ closure—a nitrogen-powered cannabis liquid delivery... Read more

Teacher Arrested After Student Pulls Cannabis Edibles From Prize Box

Featured North Dakota South Carolina Trending Stories October 19, 2021 0

A South Carolina elementary school teacher faces criminal charges and has lost her job after a pupil in her class pulled a package of cannabis edibles from a box of treats intended as prizes to reward students. Victoria Farish Weiss, 27, of Lexington County, South Carolina, was arrested on... Read more

Greenlane to Acquire Portable Vaporizer Manufacturer DaVinci for Up to $20 Million

Featured Trending Stories October 19, 2021 0

Greenlane Enters Agreement to Acquire DaVinci Acquisition of Industry Leading Vaporizer Brand and Developer of Award Winning DaVinci IQ will Expand Owned Brands Portfolio and IP Pipeline BOCA RATON, Fl / ACCESSWIRE / October 19, 2021 / Greenlane Holdings, Inc. (“Greenlane” or “the Company”) (NASDAQ:GNLN), a global house of... Read more

Minnesota Denies Coverage of Medical Marijuana for Injured Workers Hot

Featured Medical Marijuana Minnesota Trending Stories October 18, 2021 0

Minnesota’s high court ruled this week that medical marijuana cannot be covered under workers’ compensation. In a pair of decisions handed down last Wednesday, the state’s Supreme Court said that the federal prohibition on cannabis precludes employers from being required to cover medical marijuana treatment for employees who have... Read more

New Licenses Awarded to Expand Cannabis Industry in New Jersey

Featured Medical Marijuana New Jersey Trending Stories October 18, 2021 0

Regulators in New Jersey last week voted to significantly increase the number of medical marijuana dispensaries in the state. In a four to one vote on Friday, the New Jersey Cannabis Regulatory Commission agreed “to issue 10 new licenses for medical marijuana cultivators and four new licenses for vertically... Read more