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Investors in the Cannabis Market: Page 2
Major Canadian Retail Business Exercises Warrant on Fire & Flower Shares to Draw 35% Ownership Stake
Couche-Tard, the owner of Circle K convenience stores, delivered $38 million to Fire & Flower via this transaction.
Debt Markets and Cannabis Firms Find Each Other
Amid sagging equity valuations, growers find a ready funding source in private-placement bonds.
Alan Brochstein of New Cannabis Ventures, 420 Investor Recovering from April 15 Bicycle Crash
Brochstein was hit by a car while he was riding his bicycle. He suffered multiple bodily fractures that required operations in a Level 1 trauma facility.
Planet 13 Announces Q4, Full-Year 2021 Financial Results
The Las Vegas-based, vertically integrated company announced $29.9 million in revenue for Q4 of 2021 and $119.5 million in revenue for the entire year.
Investors Sue Parallel for Alleged Securities Fraud Scheme
A trio of investors filed a lawsuit in Florida federal court earlier this month against the company and its former CEO, William “Beau” Wrigley Jr.
Biden Anti-Cannabis Stock Policy Revealed in New Uncovering
Under expanded employee conduct guidelines, the White House discourages those seeking security clearances from investing in cannabis companies.
Cansativa Group Closes $15M Series B to Become the 'Amazon' of Cannabis for Europe
The largest medical cannabis distributor in Germany readies for expansion into the recreational market.
Viola Closes $13-Million Bridge Round
The Black-owned cannabis MSO received investment from a lead investor.
Third Quarter Cannabis Financing Shows Preference for Debt
A look at cannabis financing trends in the latest quarter to close.
Aurora Cannabis Secures Equity Stake in Dutch Company Growery
The investment includes a secured loan into Growery, which holds a license to participate in the Netherland’s controlled cannabis supply chain experiment.
JPMorgan Will No Longer Allow Prime Brokerage Clients to Purchase Certain Cannabis-Related Securities
Effective Nov. 8, the bank will not allow new purchases or short positions in the related businesses.
European Cannabis Market Leader Bloomwell Group Secures $10M Investment
The investment is the largest public seed funding received in the European cannabis market.
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