Verano Upsizes Credit Agreement to US$250 Million at 8.50% With an Additional US$100 Million Option Adds substantial, non-dilutive capital to the Company’s balance sheet, further buttressing its strong cash position. Supports continued execution of Verano’s near- and long-term growth strategies. Reduces the Company’s cost of capital with an improved,... Read more
Ayr Wellness Provides Final Results of Warrant Acceleration and Incentive MIAMI, Oct. 20, 2021 (GLOBE NEWSWIRE) — Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“Ayr” or the “Company”), a vertically-integrated cannabis multi-state operator (MSO), today announced the final results of its accelerated warrant acceleration expiry and incentive program. The... Read more
More than 64,000 misdemeanor charges related to distribution of cannabis have been sealed in Virginia since July, when pot legalization officially took effect in the commonwealth. The figure emerged last Thursday “during a meeting of the legislature’s Cannabis Oversight Commission,” according to the Virginia Mercury. “Officials said the records... Read more
Going beyond most celebrity-endorsed cannabis products, Grammy Award winning artist Miguel took upon the roles of co-founder, owner and Chief Creative Director of Kalvara—a cannabis-infused drink company that takes a completely novel technological approach to infusion.  Kalvara is the maker of the patented Vessl™ closure—a nitrogen-powered cannabis liquid delivery... Read more
A South Carolina elementary school teacher faces criminal charges and has lost her job after a pupil in her class pulled a package of cannabis edibles from a box of treats intended as prizes to reward students. Victoria Farish Weiss, 27, of Lexington County, South Carolina, was arrested on... Read more
Greenlane Enters Agreement to Acquire DaVinci Acquisition of Industry Leading Vaporizer Brand and Developer of Award Winning DaVinci IQ will Expand Owned Brands Portfolio and IP Pipeline BOCA RATON, Fl / ACCESSWIRE / October 19, 2021 / Greenlane Holdings, Inc. (“Greenlane” or “the Company”) (NASDAQ:GNLN), a global house of... Read more
Minnesota’s high court ruled this week that medical marijuana cannot be covered under workers’ compensation. In a pair of decisions handed down last Wednesday, the state’s Supreme Court said that the federal prohibition on cannabis precludes employers from being required to cover medical marijuana treatment for employees who have... Read more
Regulators in New Jersey last week voted to significantly increase the number of medical marijuana dispensaries in the state.  In a four to one vote on Friday, the New Jersey Cannabis Regulatory Commission agreed “to issue 10 new licenses for medical marijuana cultivators and four new licenses for vertically... Read more
The U.S. Department of Agriculture (USDA) has begun mailing out surveys today to all of the nation’s hemp producers, with the hope that their comments will help the agency collect data about operations and production. The USDA’s first hemp survey, entitled the “Hemp Acreage and Production Survey,” was mailed... Read more
Policymakers in Arizona unveiled rules last week for a social equity cannabis program aimed at giving communities most affected by pot prohibition opportunities in the state’s newly regulated recreational cannabis market. The Arizona Daily Star reported that the state’s Department of Health Services issued the final draft of its... Read more

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