Finance: Page 27

Creating a Budget for 2023? Consider These Tips

Naomi Granger, founder of the National Association of Cannabis Accounting and Tax Professionals, shares key factors cannabis cultivators and retailers should consider when creating a budget for 2023.

Curaleaf Closes $181M Transaction to Acquire Tryke Companies

The deal backbones Curaleaf’s presence in three key markets in the West.

Year-to-Date, Cannabis REITs Provide Key Source of Financing for Businesses

In 2022, falling equity prices have had a chilling effect on capital raises, particularly on large equity issues, which have been confined to non-plant-touching sectors.

Oregon Cannabis Prices Swing From Pandemic Peaks to Record Lows

Falling market values for wholesale and retail show no signs of rebounding in the wake of a licensing moratorium.

Illinois Social Equity Advocates, Business Leaders Call on State Officials to Allow Them to Begin Operations, Address Other Concerns in Market

In response, deputy Gov. Christian Mitchell said in a segment with Chicago PBS station WTTW that state officials are working to issue social equity loans to qualifying business owners. He also said he has heard differing opinions from licensees about selling business equity.

Illinois Cracks $1 Billion in Adult-Use Cannabis Sales So Far in 2022

The state’s retail market is humming along with a 16% increase in sales compared to 2021.

Organic Remedies MO, Inc. Announces Strategic Partnership with Tyson 2.0

The exclusive licensing agreement will bring the cannabis brand to Missouri.

Cannabis Conference 2022 Wraps With Thousands in Attendance; 2023 Dates Announced

The three-day event featured 90+ expert speakers and nearly 200 exhibitors with industry-leading technologies.

5 Key Takeaways From Cannabis Conference

Plus, read some more quickfire quotes from the week.

Aurora Cannabis Acquires Controlling Interest in Bevo Farms

Long term investment is expected to deliver Aurora immediate positive cash flow.

New Jersey Sees Roughly 10% Monthly CGR in Cannabis Dollar Sales, Per BDSA

The firm also notes that flower purchases account for more than half of monthly dollar sales in New Jersey.

Cannabis Regulators of Color: No SAFE Equity Without Amended Bill

The major industry advocacy group says SAFE Banking will not promote equity in cannabis without significant changes.

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