Regulators in New Mexico held a public hearing this week to discuss rules for the state’s forthcoming recreational cannabis market. The state’s Regulation and Licensing Department, as well as its Cannabis Control Division, fielded questions and comments from the public during last Thursday’s hearing over the rules that will... Read more
The Global Cannabis Stock Index fell for the eighth consecutive month, declining 8.8% to 41.06: The index, which was down 21.2% in Q3, had 43 qualifying members during the month following the quarterly rebalancing at the end of September, though Harvest Health and Recreation was removed early in the month after its... Read more
XS Financial Raises $43.5 Million to Advance Growing Pipeline LOS ANGELES, CA / ACCESSWIRE / November 1, 2021 / XS Financial Inc. (CSE:XSF) (the “Company” or “XSF”) is pleased to announce that it has completed its previously announced private placement (the “Offering”) of unsecured convertible notes (“Notes”) in the... Read more
Columbia Care Completes Acquisition of Colorado-Based Medicine Man; Strengthens Leadership Position in World’s Second Largest Cannabis Market Adds Four Denver-Metro Retail Locations and a 35,000-Square-Foot Indoor Cultivation Facility Immediately Accretive to Columbia Care’s Adjusted EBITDA and Cash Flow from Operations Solidifies Columbia Care’s Position as the Leading Retailer, Cultivator... Read more
Following up on our discussion earlier this year about how cannabis investors have embraced publicly traded ancillary companies, New Cannabis Ventures launched its seventh proprietary index, the Ancillary Cannabis Index, at the end of March. The index continued to outpace the overall market in October, falling 8.0% to 77.05, slightly better than... Read more
Some key lawmakers and legalization advocates argue that passing cannabis banking reform before justice-focused federal legalization is going to exclusively benefit large companies—but a group of small marijuana business owners aren’t buying it, and they’re making the case that the incremental policy change could actually help support social equity... Read more
Some key lawmakers and legalization advocates argue that passing cannabis banking reform before justice-focused federal legalization is going to exclusively benefit large companies—but a group of small marijuana business owners aren’t buying it, and they’re making the case that the incremental policy change could actually help support social equity... Read more
