Funding Cannabis Businesses: Page 2

California Awards $35 Million in Cannabis Equity Grants

The business and economic development funding will go to local jurisdictions to support equity in the state’s cannabis industry.

Phylos Closes $7.6M in Funding, Unveils New Executive Team

With a fresh executive team, Phylos is shifting its focus to the next generation of cannabis and hempseed genetics.

New Mexico Approves Public Financing for Licensed Cannabis Microbusinesses

The $5-million program will provide business loans of up to $250,000.

Third Quarter Cannabis Financing Shows Preference for Debt

A look at cannabis financing trends in the latest quarter to close.

European Cannabis Market Leader Bloomwell Group Secures $10M Investment

The investment is the largest public seed funding received in the European cannabis market.

The Fight to Raise Capital

Wanda James of Simply Pure Dispensary describes her challenges when raising capital for her cannabis business and what the industry needs to change to be more equitable and inclusive.

Cannavia Farmers Band Together to Maintain Independence, Financial Stability

Small and mid-scale farmers in Northern California pool their resources and knowledge to help keep their legacy culture alive.

$15 Million in Grant Funding Available for California Local Jurisdictions

The fund will help improve populations and communities that were negatively or unreasonably affected by cannabis prohibition and criminalization.

A Look at BIPOC’s Ability to Access Capital and Income Through Cannabis in 2020

Industry stakeholders discuss developments that will support minority businesses and investors looking to provide financial support to disenfranchised communities.

Curio Wellness Launches Investment Fund to Provide Startup Capital to Minority Business Owners

The fund will provide $30 million in startup capital to as many as 50 entrepreneurs to allow them to open a Curio franchise.

When Goodwill Only Goes So Far

Canadian licensed producer Aurora Cannabis recorded goodwill impairment charges of nearly C$2 billion, exposing a vulnerability in the publicly traded cannabis market.

Intrinsic Capital Partners Raises $102M for Cannabis and Hemp-Related Investment

The Pennsylvania-based firm has already committed $65 million to ancillary businesses such as Treez and Hound Labs.

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