Innovative Industrial Properties Prices Public Offering of 1,578,948 Shares of Common Stock SAN DIEGO, April 01, 2022–(BUSINESS WIRE)–Innovative Industrial Properties, Inc. (the “Company”) (NYSE: IIPR) announced today the pricing of an underwritten public offering of 1,578,948 shares of its common stock at $190.00 per share for gross proceeds of... Read more
After 12 consecutive monthly declines, the Global Cannabis Stock Index lost 0.2% in March, closing at 28.25 to extend the streak to 13 months. The index, which was down 27% in Q4 and then fell 12.9% in January and 1.1% in February, had 38 qualifying members during the month. The index has... Read more
Navigate the fast-moving cannabis sector with 420 Investor, a premium service that sends real-time alerts and explanations of the news below and much more. Summary The House passed the MORE Act again Ohio’s medical cannabis market continues to grow 420 Investor model portfolios have returned 5.4% to 6.8% year-to-date, while the... Read more
Thailand hasn’t always prohibited cannabis; it’s part of the culture. Ganja plants were typically grown on the side of the house and used in traditional Thai medicine and Thai massage. Even today, some grandparents cultivate a few plants and toss a couple of leaves in their Tom Yom (traditional... Read more
Rally-goers this week “called for a fairer process to get a marijuana dispensary license in Illinois,” according to local news reports. Local television station WLS reported that a group gathered Tuesday at the Thompson Center in Chicago to raise objections after Illinois Gov. J.B. Pritzker announced a lottery earlier... Read more
An unknown protester sowed cannabis seeds throughout the rose gardens of New Zealand’s Parliament in Wellington, most likely as an act of defiance. The guerilla grower may have splintered off a violent anti-vaxxer occupation that took place weeks earlier. New Zealand Herald reports that half a dozen of the... Read more
With an effort to give cannabis businesses access to financial institutions stalling in Congress, some lawmakers in Pennsylvania are taking matters into their own hands. A committee in the state Senate on Wednesday approved bipartisan legislation to “afford state-legal cannabis better access to banking and insurance services,” according to... Read more
Researchers at Kansas State University have found that livestock feed containing industrial hemp can reduce stress levels in cattle, according to a recently released study. The 2018 Farm Bill’s legalization of hemp has led to a flurry of research across the country as scientists work to discover novel ways... Read more
A Missouri House committee on Thursday narrowly approved a GOP-led bill to tax and regulate adult-use marijuana in the state. The legislation from Rep. Ron Hicks (R), titled the “Cannabis Freedom Act,” cleared the House Public Safety Committee in a 5-4 vote, with amendments. It now heads to the... Read more
