Location is key to capitalizing on cannabis markets throughout the U.S., and elected officials from one small city in New Mexico know it. Sunland Park, a city of roughly 17,000 people in southern New Mexico, is nestled on the border with El Paso, Texas, to the east, and Ciudad... Read more
South Dakotans affected by one of 28 qualification conditions have been eligible to receive medical cannabis cards since November but gaining access to the newly regulated market may be more of a challenge than expected. As of March 29, the state’s Department of Health (DOH) had only approved 90... Read more
Exclusive Interview with Chicago Atlantic Group Partner John Mazarakis Chicago Atlantic Group has deployed approximately $1.2 billion across 38 cannabis loans since it started, according to Partner John Mazarakis. He last spoke with New Cannabis Ventures in 2020. Since then, Chicago Atlantic Real Estate Finance (NASDAQ: REFI) has gone... Read more
TILT Holdings Reports Record Fourth Quarter and Full Year 2021 Results and Issues 2022 Annual Guidance Completes Year of Strong Organic Growth and Builds on New B2B Strategy Q4 Revenue and Adjusted EBITDA up 28% YoY to $54.1 Million and 6% to $4.8 Million, Respectively FY 2021 Revenue and... Read more
Greenlane Reports Record Q4 2021 Revenue of $56.0 Million, Up 54% Year-over-Year Company Expects Newly Implemented Strategic Plan to Result in Positive Adjusted EBITDA by Q3 2022 BOCA RATON, FL / ACCESSWIRE / March 30, 2022 / Greenlane Holdings, Inc. (“Greenlane” or “the Company”) (NASDAQ:GNLN), one of the largest... Read more
4Front Ventures Announces Fourth Quarter and Full Year 2021 Financial Results and Provides Business Update 2021 Systemwide Pro Forma Revenue1 increased 50% year-over-year to $132.7 million 2021 GAAP revenue increased 81% year-over-year to $104.6 million 2021 Adjusted EBITDA increased 479% year-over-year to $34.0 million The Company’s existing licensed projects at maturity represent a long-term... Read more
Data reveal a concerning increase in violent crime in many U.S. cities during COVID in 2020 and 2021. Increasingly, cannabis businesses, particularly dispensaries, are targets for robbery or other criminal activity. The reason that cannabis businesses are being hit particularly hard is not hard to fathom. Federal law still treats cannabis as a Schedule I
As the House prepares to vote on a bill to federally legalize marijuana this week, lawmakers from both major parties have continued to file amendments that will be taken up by the House Rules Committee on Wednesday before the legislation reaches the floor. Most of the proposed revisions to... Read more
As the House prepares to vote on a bill to federally legalize marijuana this week, lawmakers from both major parties have continued to file amendments that will be taken up by the House Rules Committee on Wednesday before the legislation reaches the floor. Most of the proposed revisions to... Read more
As the House prepares to vote on a bill to federally legalize marijuana this week, lawmakers from both major parties have continued to file amendments that will be taken up by the House Rules Committee on Wednesday before the legislation reaches the floor. Most of the proposed revisions to... Read more
