Funding Cannabis Businesses: Page 2

Treez Secures $51 million in Series C Funding, Now Valued at $260 Million, Driven by Rapid Growth

Treez will use the funding to fuel its aggressive sales growth and accelerate product innovation.

Connecticut State Bond Commission Releases $10 Million to Fund Social Equity Applicants

The money will provide low-interest loans for social equity licensees looking to open or maintain a cannabis business in the state.

Verano Draws $100 Million to Fund Strategic Growth Initiatives

The funding will provide Verano with flexibility to drive internal expansion efforts, as well as near- and long-term growth strategies.

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.

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