Innovative Industrial Properties Announces Public Offering of 1,000,000 Shares of Common Stock SAN DIEGO, March 31, 2022–(BUSINESS WIRE)–Innovative Industrial Properties, Inc. (the “Company”) (NYSE: IIPR) 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... Read more
The Ancillary Cannabis Index bounced back from a weak beginning to the year, advancing 2.7% in March to 52.89: The index has declined 47.1% since its introduction at the end of March 2021 compared to the decline of 54.8% in the Global Cannabis Stock Index, and it dropped 17.7% during Q1... Read more
The Canadian Cannabis LP Index fell for the ninth consecutive month, declining 1.4% to 169.46 in March: The index, which fell 29.2% in 2021 to end at 194.95, is down 13.1% in 2022 and has declined 43.6% over the past year: It remains substantially below the all-time closing high of 1314.33 in... Read more
The Parent Company Reports Fourth Quarter and Full Year 2021 Financial Results Doubled Direct-to-Consumer revenue to 50% of net sales in Q4 2021 compared with 24% in Q1 2021 Expanded reach to over 80% of California population with 11 retail stores, the second largest retail footprint in the state,... Read more
Exclusive Interview with Chicago Atlantic Group Partner John Mazarakis Chicago Atlantic Group has deployed approximately $1.2 billion across 38 cannabis loans since it started, according to Partner John Mazarakis. He last spoke with New Cannabis Ventures in 2020. Since then, Chicago Atlantic Real Estate Finance (NASDAQ: REFI) has gone... Read more
TILT Holdings Reports Record Fourth Quarter and Full Year 2021 Results and Issues 2022 Annual Guidance Completes Year of Strong Organic Growth and Builds on New B2B Strategy Q4 Revenue and Adjusted EBITDA up 28% YoY to $54.1 Million and 6% to $4.8 Million, Respectively FY 2021 Revenue and... Read more
Greenlane Reports Record Q4 2021 Revenue of $56.0 Million, Up 54% Year-over-Year Company Expects Newly Implemented Strategic Plan to Result in Positive Adjusted EBITDA by Q3 2022 BOCA RATON, FL / ACCESSWIRE / March 30, 2022 / Greenlane Holdings, Inc. (“Greenlane” or “the Company”) (NASDAQ:GNLN), one of the largest... Read more
4Front Ventures Announces Fourth Quarter and Full Year 2021 Financial Results and Provides Business Update 2021 Systemwide Pro Forma Revenue1 increased 50% year-over-year to $132.7 million 2021 GAAP revenue increased 81% year-over-year to $104.6 million 2021 Adjusted EBITDA increased 479% year-over-year to $34.0 million The Company’s existing licensed projects at maturity represent a long-term... Read more
As the House prepares to vote on a bill to federally legalize marijuana this week, lawmakers from both major parties have continued to file amendments that will be taken up by the House Rules Committee on Wednesday before the legislation reaches the floor. Most of the proposed revisions to... Read more
As the House prepares to vote on a bill to federally legalize marijuana this week, lawmakers from both major parties have continued to file amendments that will be taken up by the House Rules Committee on Wednesday before the legislation reaches the floor. Most of the proposed revisions to... Read more
