Exclusive Interview with Advanced Flower Capital CEO Leonard Tannenbaum The last time Advanced Flower Capital Gamma (AFC Gamma) (NASDAQ: AFCG) CEO Leonard Tannenbaum spoke with New Cannabis Ventures, the company had committed to over $100 million in deals. Since then, AFC Gamma’s deal flow has expanded significantly. Now, Tannenbaum... Read more
As Congress prepares legislation to reauthorize Job Corps, the nation’s largest residential career-training program for youth and young adults, the chairwoman of a key House panel is urging colleagues to consider eliminating a drug-screening requirement that each year prevents thousands of young people from participating—overwhelmingly for cannabis. “Job Corps... Read more
As Congress prepares legislation to reauthorize Job Corps, the nation’s largest residential career-training program for youth and young adults, the chairwoman of a key House panel is urging colleagues to consider eliminating a drug-screening requirement that each year prevents thousands of young people from participating—overwhelmingly for cannabis. “Job Corps... Read more
Governor Greg Gianforte on Tuesday signed the Montana adult-use cannabis bill that will establish a newly formed recreational marijuana program in the state, months after voters in Big Sky country approved a measure to legalize pot. Gianforte, a Republican in his first term as governor of Montana, attached his... Read more
Here is the good news when it comes to issue of regulating cannabinoids. Last month, the European Commission added Cannabigerol (CBG) to the Cosing List—namely the regional database of allowable ingredients in cosmetics. This after adding natural CBD as an approved substance the month before. The process of regulating... Read more
Innovative Industrial Properties Prices Private Offering of 5.50% Senior Notes Due 2026 SAN DIEGO, May 19, 2021–(BUSINESS WIRE)–Innovative Industrial Properties, Inc. (the “Company”) (NYSE: IIPR) announced today that its operating partnership, IIP Operating Partnership, LP (the “Operating Partnership”), priced a private offering of $300 million aggregate principal amount of... Read more
TerrAscend Reports First Quarter Net Sales of USD $53.4 Million and Adjusted EBITDA(1) of USD $22.6 Million Raises full year 2021 guidance for Net Sales to exceed USD $300 million and Adjusted EBITDA to exceed USD $128 million2 Substantial cash balance of USD $234 million provides ample support for future growth initiatives NEW YORK and TORONTO, May... Read more
The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis stocks that generate industry sales of more than US$12.5 million per quarter (C$15.5 million). This data-driven, fact-based tracker will continually update based on new financial filings so that readers can stay... Read more
A Texas Senate committee on Monday approved a House-passed bill to significantly reduce penalties for possessing marijuana concentrates, sending it to the full chamber for consideration. Meanwhile, another panel advanced hemp legislation but not before adding language that would severely restrict delta-8-THC products. The moves come as advocates step... Read more
