Approaching new levels of snitchery, a next door neighbor in Oklahoma filed a complaint under the Racketeer Influenced and Corrupt Organizations (RICO) Act—the worst type of lawsuit—after they accused a cannabis farm of growing too close to the property line. Keith and Stephanie Grant filed a complaint, Grant et... Read more
AFC Gamma, Inc. Prices Common Stock Offering WEST PALM BEACH, Fla., Jan. 05, 2022 (GLOBE NEWSWIRE) — AFC Gamma, Inc. (“AFC Gamma”) (Nasdaq: AFCG), a commercial real estate finance company that provides loans to operators in the cannabis industry, today announced the pricing of its underwritten public offering (the... Read more
VAUGHAN, ON, Jan. 6, 2022 /PRNewswire/ – CannTrust Holdings Inc. (“CannTrust” or the “Company”) (unlisted) today announced that its Fourth Amended & Restated Plan of Compromise, Arrangement and Reorganization dated July 7, 2021 (the “CCAA Plan”) has been implemented. The implementation of the CCAA Plan follows its approval by... Read more
The first year of legal cannabis sales in Illinois was a roaring success, but it turns out the second year was even better. Twice as good, in fact. A report from the grimly named Illinois Department of Financial and Professional Regulation (IDFPR) showed that adult-use cannabis sales in the... Read more
Virginia made history last year when it became the first state in the South to legalize recreational pot, but that came at a time when Democrats controlled the state government. Now, with Republican Governor-elect Glenn Youngkin set to take office in less than two weeks and the GOP ready... Read more
Legal sales of smokable cannabis flower began in Louisiana over the long holiday weekend, giving patients registered with the state’s medical cannabis program a new option for accessing their medication of choice. Louisiana lawmakers legalized the medical use of cannabis in 2015, with dispensary sales of regulated medical cannabis... Read more
The opening weekend of recreational cannabis sales in Big Sky country brought in big profits. That’s according to Montana’s Department of Revenue, which said that cannabis sales brought in more than $1.5 million last weekend, the first days that the state’s legal weed market opened for business. According to... Read more
RealTestedCBD.com aired the “first CBD commercial on major television networks” to promote the website’s lab-tested information on CBD products on Monday, January 3. The website compares analyses of various CBD products, side-by-side, to help consumers safely navigate the hemp-derived CBD industry. The commercial aired in Las Vegas, Nevada; Denver,... Read more
MariMed Announces Agreement to Acquire Kind Therapeutics USA, LLC, A Maryland Licensed Vertically Integrated Cannabis Business NORWOOD, Mass., Jan. 5, 2022 — MariMed Inc. (OTCQX: MRMD) (“MariMed” or the “Company”), a leading multi-state cannabis operator focused on improving lives every day, today announced that it has entered into a... Read more
urban-gro, Inc. Reports Record Preliminary Full Year 2021 Results and Record Backlog Heading Into 2022 LAFAYETTE, Colo., January 5, 2022 – urban-gro, Inc. (Nasdaq: UGRO), a fully integrated architectural, engineering and cultivation systems integrator for commercial cannabis and food-focused indoor Controlled Environment Agriculture (“CEA”) facilities, today reported preliminary select... Read more
