The financing constraints that many cannabis operators face are a familiar story. Much revolves around impediments from lack of legalization at the federal level; however, other traditional drivers play a role as well, including industry and business life cycles. In recent months, the convergence of a number of factors,... Read more
WASHINGTON, D.C., November 17, 2021 – PRESS RELEASE – The District of Columbia Marijuana Justice (DCMJ) will present a carefully vetted amendment to the D.C. Council at a public hearing Friday. The amendment’s focus is on opening D.C. farmers’ markets to adult-use cannabis sales and licensing sales by D.C. craft... Read more
WASHINGTON, D.C., November 17, 2021 – PRESS RELEASE – The District of Columbia Marijuana Justice (DCMJ) will present a carefully vetted amendment to the D.C. Council at a public hearing Friday. The amendment’s focus is on opening D.C. farmers’ markets to adult-use cannabis sales and licensing sales by D.C. craft... Read more
WASHINGTON, D.C., November 17, 2021 – PRESS RELEASE – The District of Columbia Marijuana Justice (DCMJ) will present a carefully vetted amendment to the D.C. Council at a public hearing Friday. The amendment’s focus is on opening D.C. farmers’ markets to adult-use cannabis sales and licensing sales by D.C. craft... Read more
BOCA RATON, Florida, November 17, 2021 — PRESS RELEASE — Jushi Holdings Inc. (Jushi), a vertically integrated, multi-state cannabis operator, announced that it has entered a definitive agreement to acquire NuLeaf, Inc., a Nevada-based vertically integrated operator, for total consideration of up to $62.5 million.  In addition to a 27,000-square-foot cultivation... Read more
TORONTO, November 16, 2021 – PRESS RELEASE – TerrAscend Corp., a global cannabis company licensed for sales in Canada, the U.S. and the E.U., announced that its wholly-owned subsidiary has acquired a commercial property located at 273 East Memorial Blvd., Hagerstown, Md., (Hagerstown Facility), for a purchase price of approximately... Read more
VANCOUVER, British Columbia, November 15, 2021 – PRESS RELEASE – Village Farms International, Inc. (Village Farms) announced it has acquired 70% ownership of privately-held, Québec-based ROSE LifeScience (ROSE), a vertically integrated branded cannabis producer, supplier and commercialization expert in the Province of Québec. The transaction is valued at up to $46.7 million.... Read more
As industry patience wanes for Sen. Chuck Schumer and company to formally file a Democratic-led bill to end federal cannabis prohibition, a new player in the reform discussion emerged with alternative legislation Monday afternoon. South Carolina Republican Rep. Nancy Mace, a rookie U.S. House member who assumed office at... Read more
WAKEFIELD, Mass., Nov. 16, 2021 /PRNewswire/ — PRESS RELEASE — Curaleaf Holdings, Inc., an international provider of consumer CBD and hemp products, today announced that it has signed a national distribution agreement with Southern Glazer’s Wine & Spirits, a distributor of beverage alcohol. The agreement will bring Curaleaf’s lineup... Read more
WAKEFIELD, Mass., Nov. 16, 2021 /PRNewswire/ — PRESS RELEASE — Curaleaf Holdings, Inc., an international provider of consumer CBD and hemp products, today announced that it has signed a national distribution agreement with Southern Glazer’s Wine & Spirits, a distributor of beverage alcohol. The agreement will bring Curaleaf’s lineup... Read more
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