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Business Issues/Benchmarks: Page 125
Illinois Adult-Use Cannabis Retailers Record Nearly $2.7 Billion Since Legalization
Cannabis shoppers in The Prairie State spent more than $129.8 million at adult-use dispensaries in May.
New Mexico’s Adult-Use Cannabis Sales Surpass $21 Million in May
The state launched its adult-use market April 1.
Will Hemp Fiber Eventually Become the Norm for Uses in Tennessee’s Automotive Industry?
A Tennessee trade association, state department and university are partnering to study the feasibility of hemp fiber production for the economy, with a specific focus on automotive applications.
Medical Cannabis Legalization Bill Clears North Carolina Senate
Senate Bill 711 passed the Senate in a 35-10 vote, but it will likely face more opposition in the House.
Montana 2022 Cannabis Sales Eclipse $123 Million
The Treasure State continued to add to the chest during its fifth month of adult-use cannabis sales, despite medical sales slipping.
Aurora Cannabis Repurchases US$20 Million of Convertible Notes
Aurora further strengthens its balance sheet with accretive debt reduction.
Why Debt Financing is on The Rise
As stocks continue to slide, privately placed bonds become an attractive option for investors to stake a claim in the industry.
'New' Beginnings
Projecting The Future
California Clues
The state’s cannabis consumers are exploring beverages, savory snacks and other less dominant product types more than other U.S. markets, signaling trends that could provide insight on what’s to come nationally.
First Quarter 2022 Capital Markets Review: Debt Financing Remains Dominant Source of Funding
The first quarter of this year saw capital raise transactions and invested capital decline.
New York Cannabis Board Approves Packaging, Marketing, Testing Regulations; 16 More Cultivation Licenses Issued
The approved regulations are the first for the broader adult-use market in the state.
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