Tag: CBT > Cultivation: Page 48

Finance

How a Real Estate Company Came to Own Three Cannabis Cultivation Facilities in Illinois

Innovative Industrial Properties is purchasing licensed cultivation facilities in the state and leasing them back to the licensees to help them secure funds ahead of the adult-use market launch.

October 10, 2019

Mergers and Acquisitions

MJardin Receives Full Purchase Price from Joint Venture Partner, Begins Phase 2 Development at its Largest Cultivation Facility

Subsequent to its recently announced non-binding letter of intent with Peguis First Nation in connection with its Warman cultivation facility, Peguis has agreed to pay the full amount of the purchase price in advance of the closing of the transaction.

October 8, 2019

Industry Headlines

Harvest One Announces Receipt of New Cultivation License

The company's wholly-owned subsidiary and licensed producer United Greeneries Ltd. has received a cultivation license from Health Canada for Phase I of its new Mission Road facility.

October 8, 2019

Legislation and Regulation

Square Welcomes CBD Sellers, Pennsylvania Lawmaker Introduces Cannabis Legalization Bill: Week in Review

Square officially launched payment processing services for the industry Oct. 3, after previously offering the services as part of a beta program.

October 5, 2019

Cannabis Business Security Protocol

The Top 12 Mistakes Cannabis Cultivators Make

The best cultivators pay attention to each individual strain and plant, making adjustments to nutrients and environmental conditions in order for them to thrive.

October 4, 2019

Florida

Green Point Research Acquires 30-Acre Nursery in Fort Meade, Fla.

GPR has purchased Sunshine Growers' facility to establish a hemp-dedicated nursery.

October 3, 2019

Legislation and Regulation

Diego Pellicer Plans to Become a Fully Integrated Cannabis Company

The company has announced several letters of intent to purchase retail, manufacturing and cultivation assets in Colorado.

October 3, 2019

Illinois

Illinois Releases ‘Disproportionately Impacted Areas’ Map for Adult-Use Cannabis Business Licensing

State officials have identified 683 areas where license applicants would get preference under the law’s social equity provision.

October 1, 2019

Legislation and Regulation

SAFE Banking Act Clears U.S. House, Massachusetts Bans All Vape Sales for Four Months: Week in Review

The U.S. House voted 321-103 to pass the SAFE Banking Act on Sept. 25.

September 28, 2019

Finance

Cresco Labs Enters Into Sale-and-Leaseback Agreement with Innovative Industrial Properties for Illinois Facilities

The company has signed a binding agreement to sell its Joliet and Kankakee, Ill. properties to Innovative Industrial Properties, Inc. for approximately $46.3 million.

September 27, 2019

Finance

Diego Pellicer Worldwide, Inc. Executes Letter of Intent to Purchase Second Cannabis Cultivation Facility in Denver

The company is advancing its business model into direct ownership.

September 25, 2019

Legislation and Regulation

House to Vote on SAFE Banking Act, U.S. Government Grants $3 Million for CBD Research: Week in Review

The House will vote later this month on bipartisan legislation that would allow cannabis businesses to access the federal banking system.

September 21, 2019