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Attracting Investors and Raising Capital for Your Cannabis Business: Page 4
How We Got Here: The Financial Evolution of Commercial Cannabis
This special three-part series reflects on legislative, financial and regulatory developments that have altered state-legal cannabis programs during the past decade. Part II looks at how capital and investors shaped today’s market, and what that trajectory might mean for the industry’s future.
Cheetahs vs. Gazelles
In business, as in life, there are predators and there are prey. What does this dynamic mean for the cannabis industry?
America’s Reckoning with Racism is ‘More Than a Moment,’ Say Cannabis Industry Members
The Minority Cannabis Business Association and Minorities 4 Medical Marijuana hosted a Facebook Live event to confront a lack of diversity in many organizations’ leadership and management structures, cultural appropriation, and more.
What’s Your Why?
Operating in an industry with many highs and lows requires a thick skin but more importantly, a powerful sense of purpose.
urban-gro, Inc. Announces Closing of US$6 Million Debt Financing
The financing provides term loan and revolving capital credit facilities to refinance the company's existing debt and accelerate its growth and scale.
Cannabis Dispensary and Cannabis Business Times Magazines Announce the Top 2020 ‘Best Cannabis Companies To Work For’
Top-ranking cultivation and dispensary business leaders will share best practices for company culture and more at the 2020 Cannabis Conference.
A Return to Core Business Fundamentals: Q&A with Dan Sutton
The founder and CEO of Tantalus Labs shares insight into how to monitor and improve a cannabis company’s overall performance and capital flows.
What Makes a Company Great?
Each month, we reach out to cannabis cultivation company owners and managers, requesting business insights, growing advice and more to share with you.
Cresco Labs Closes $100 Million Senior Secured Credit Facility
The proceeds from the loan will be used to fund the expansion of operations in Illinois, closing and integration costs associated with pending acquisitions, and other strategic growth initiatives in key markets.
SEC Alleges Pyramid Scheme Run by Fraudulent Cannabis Business Executives in California, Washington
All told, $4.85 million was tied up in Green Acre Pharms, a licensed cannabis business that never generated returns for investors.
Cresco Labs Closes Sale-and-Leaseback with Innovative Industrial Properties for Ohio Facility
The company has closed on the agreement to sell its Yellow Springs, Ohio, property to Innovative Industrial Properties, Inc.
Cresco Labs Announces Signing of Senior Secured Credit Agreement
An initial drawdown of up to US$100 million is expected at the end of January, and the agreement includes a mutual option to increase to up to US$200 million.
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