NewLake Capital Partners Expands Revolving Credit Facility to $90 Million NEW CANAAN, Conn., Aug. 02, 2022 (GLOBE NEWSWIRE) — NewLake Capital Partners, Inc. (OTCQX: NLCP) (the “Company” or “NewLake”), a leading provider of real estate capital to state-licensed cannabis operators, today announced that it has added two lenders to... Read more
Red White & Bloom Reports Fourth Quarter, Full Year 2021 and First Quarter 2022 Financial Results Full year 2021 revenue increased 193% to CDN $37.3 million, vs CDN $19.3 million in 20201 Record quarterly revenue for Q1 2022 of CDN $28 million with Gross Margin excluding biological assets of... Read more
The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis companies. July was a light month for reporting. Tracker Rules This data-driven, fact-based tracker will continually update based on new financial filings so that readers can stay up to date. Companies... Read more
Lawmakers in Massachusetts passed a bill late Sunday night that will bring a host of different reforms to the state’s recreational cannabis industry. The legislation “aims to promote greater diversity in the legal marijuana industry, ratchet up oversight on the host community agreements that marijuana businesses are required to... Read more
New Yorkers hoping to enjoy a smoke or a toke in one of the state’s beaches or parks might want to think twice. Kathy Hochul, the state’s Democratic governor, signed a bill into law last month that will prohibit “smoking in all state-owned beaches, boardwalks, marinas, playgrounds, recreation centers,... Read more
State officials in Oklahoma have put a moratorium on issuing new licenses for medical marijuana businesses in a bid to allow the state’s cannabis regulators to catch up with oversight of a burgeoning medicinal cannabis industry. Under the moratorium, which was passed by state lawmakers earlier this year, no... Read more
American lives have been uprooted because of simple misdemeanor marijuana offenses—punishments for an activity that is now legal for various purposes in 38 states. But new legislation would provide the needed mechanism to help Americans clear low-level marijuana offenses at the federal level. Congressmen Troy A. Carter, Sr. (D-LA)... Read more
The Governors Highway Safety Association (GHSA) commissioned a report about educational campaigns on cannabis and driving on July 26. The GHSA partnered with National Alliance to Stop Impaired Driving to create a playbook written specifically for State Highway Safety Offices (SHSO). Governors Highway Safety Association’s Executive Director, Jonathan Adkins,... Read more
You’re reading a copy of this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. The newsletter includes unique insight to help our readers stay ahead of the curve as well as links to the week’s most important news. Friends, 5... Read more
A United States citizen, teacher, and lecturer was slapped with 14 years of hard time in prison for a little bit of pot found in his luggage at an airport in Moscow, Russia. It’s the latest move in a series of harsh sentences dished out on Americans in the... Read more
