Cresco Labs to Acquire Three High-Performing Pennsylvania Dispensaries CHICAGO–(BUSINESS WIRE)–Cresco Labs Inc. (CSE:CL) (OTCQX:CRLBF) (“Cresco Labs” or “the Company”), a vertically integrated multistate operator and the number one U.S. wholesaler of branded cannabis products, announced today the execution of a definitive agreement to acquire 100% of the outstanding equity... Read more
Lawmakers in Pennsylvania are considering legislation that would aim to protect medical cannabis patients in the state from DUI penalties. On Tuesday, a pair of state House representatives, Democrat Chris Rabb and Republican Todd Polinchock, announced that they had introduced a bill that would “ensure the rights of the... Read more
Exclusive Interview with Verano Holdings Co-Founder, Chairman and CEO George Archos Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) Co-Founder, Chairman and CEO George Archos last spoke with New Cannabis Ventures in March, shortly after the company’s public debut. The company went public to more easily pursue M&A, and Verano... Read more
Challenges that arise when running a cannabis dispensary aren’t unlike those that come up when operating any retail store, however with cannabis, there are the added elements of compliance and regulations that also need to be considered. Cannabis dispensaries are heavily regulated entities and, as a result, are constantly... Read more
AFC Gamma Expands Existing Senior Secured Credit Facility With Devi Holdings, Inc. by $30 Million Supporting Continued Growth of its Existing Borrower; AFC Gamma Commits $62.5 Million under Expanded Credit Facility WEST PALM BEACH, Fla., Sept. 13, 2021 (GLOBE NEWSWIRE) — AFC Gamma, Inc. (NASDAQ:AFCG) (“AFC Gamma”) today announced... Read more
Black Cannabis Week is returning for the second year in a row between September 19-26, 2021. The goal of the event is to provide a variety of educational seminars and services for people of color, and push for improved social equity in the industry. “We have long been an... Read more
Ayr Wellness Enters Agreement to Acquire PA Natural Medicine, LLC Adds Three Dispensaries to Growing PA Footprint NEW YORK, Sept. 01, 2021 (GLOBE NEWSWIRE) — Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“Ayr” or the “Company”), a vertically-integrated cannabis multi-state operator (MSO), has entered into a binding letter of... Read more
Cansortium Reports Second Quarter 2021 Financial Results Q2 Revenue up 24% YoY to $16.5 Million; Adjusted EBITDA up ~2x to $5.2 Million Management to Host Conference Call Tomorrow at 8:30 A.M. Eastern Time MIAMI, Aug. 24, 2021 /PRNewswire/ – Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF) (“Cansortium” or the “Company”), a vertically-integrated cannabis company operating... Read more
Medical marijuana sales sizzle in Pennsylvania, and the M&A market has been busy – Cannabis Business Executive – Cannabis and Marijuana industry news skip to Main Content Read more
