Ayr Wellness Adds US$150 Million to Balance Sheet with Sale of Additional Senior Secured Notes MIAMI, Nov. 12, 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 addition of approximately US$150 million to its... 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 No one was talking about the biggest story of the week: massive inflows into a cannabis ETF. Michigan adult-use sales set a record in October. Health... Read more
President Joe Biden announced on Friday that he intends to nominate a new Food and Drug Administration (FDA) commissioner who has acknowledged the potential medical benefits of marijuana and says he actually prescribed a cannabinoid drug as a doctor. Robert Califf, who previously served a short stint as the... Read more
Highlighting the death of a state trooper who was killed by a motorist who had THC detected in their blood, Massachusetts Governor Charlie Baker is renewing his effort to combat stoned driving. Baker, a Republican serving his second term as governor of the Commonwealth, announced Wednesday that his administration... Read more
Decrying “over a century of failed and racist cannabis policies,” Elizabeth Warren and a pair of other Democratic senators are urging President Joe Biden to use his executive authority to “pardon all individuals convicted of nonviolent cannabis offenses, whether formerly or currently incarcerated.” Warren, the senior senator from Massachusetts,... Read more
Cannabis regulators in New Jersey announced this week that the state would begin accepting applications for marijuana business licenses next month, more than a year after voters in the state legalized recreational pot in the 2020 general election. At a meeting of the New Jersey Cannabis Regulatory Commission (CRC)... Read more
Hemp could be the building material that accelerates the sustainable industry. The year 2020 marked a devastating time period for myriad reasons. Among the pantheon of pain was the immense damage brought on by natural disasters. In early 2021, the National Oceanic and Atmospheric Administration (NOAA) released its billion-dollar... Read more
Last week, NPR TV critic and adjunct professor at Duke University Eric Deggans hosted a Twitter Spaces discussion on Hulu’s Dopesick—asking hard questions such as whether or not Purdue Pharma and the Sackler family are responsible for their roles in the opioid crisis. The Sackler family’s private company Purdue... Read more
Columbia Care Reports Record Third Quarter 2021 Results Record Quarterly Revenue of $132.3 Million, an Increase of 144% YoY, 21% QoQ Record Quarterly Adjusted Gross Profit of $64.5 Million, an Increase of 205% YoY, 35% QoQ Record Adjusted Gross Margin of 49%, an Increase of 965bps YoY, 527bps QoQ... Read more
