Green Thumb Industries Refinances its Senior Debt Via Syndicated Credit Facility Closes $150 million 5-year credit facility at an industry-leading interest rate of SOFR +5.00% Utilizes proceeds to retire existing senior secured debt, due April 30, 2025 Oversubscribed, non-brokered offering is a first-of-its-kind of bank-only financing in the U.S.... Read more
You’re reading 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. We no longer send these... Read more
Each week, Florida’s Office of Medical Marijuana Use (OMMU), which is part of the state’s Department of Health, releases data on the state’s medical cannabis program, including an active patient count, a qualified physician count, new approvals and an update for each dispensary. That data includes the number of... Read more
You’re reading 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. We no longer send these... Read more
You’re reading 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. We no longer send these... Read more
As we described in a previous article, the Global Cannabis Stock Index moved lower in August, falling 7.5%. It is now up 4.1% in 2024. In this article, we summarize the performance of the other managed indices that New Cannabis Ventures offers to its readers. We discuss the performance of the American Cannabis... Read more
Cannabis stocks, as measured by the Global Cannabis Stock Index,  passed the anniversary a year go when they exploded higher in late August on news that the Department of Health and Human Services had recommended to the DEA that it move cannabis from Schedule 1 to Schedule 3 with a... Read more
You’re reading 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. We no longer send these... Read more
You’re reading 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. We no longer send these... Read more
Organigram Reports Third Quarter Fiscal 2024 Results August 13, 2024 Net revenue of $41.1 million increased 25% over the prior year period Adjusted EBITDA¹ of $3.5 million versus $(2.9) million over the prior year period Established European foothold with a strategic investment in Sanity Group, a leading German cannabis... Read more
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