Tag: CBT > Business Issues/ Benchmarks > Finance: Page 22

Finance

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.

March 2, 2022

Finance

BDSA Reports Global Cannabis Sales to Jump 22% in 2022; Forecasts $61 Billion by 2026

Cannabis markets continue bullish rise as massive gains in new markets drive growth

March 2, 2022

Finance

MedMen Announces Plans to Sell Florida Assets

Florida-based Green Sentry Holdings will purchase MedMen’s operations for $83 million.

March 1, 2022

Finance

Cannabis Conference Announces 2nd Annual ‘Diversity Scholarship’ in Partnership with Minority Cannabis Business Association

The industry-leading event will provide no-cost All-Access Passes to qualifying recipients to help reduce barriers to entry into and promote equality in the legal cannabis industry.

March 1, 2022

Finance

Canada Eclipses CA$3.9 Billion in Cannabis Sales for 2021

Despite a record year, the Great White North’s retail industry is leveling off amidst a supply-and-demand revelation.

February 24, 2022

Finance

Leafly Reports 428,059 Jobs in the U.S. Cannabis Industry

The growth in the cannabis workforce mirrors the industry’s skyward trajectory writ large.

February 23, 2022

Cannabis Sales Trends

California Cannabis Banks $5.2 Billion in 2021 Sales

The world’s largest market, California has sold $13.5 billion of adult-use cannabis since launching sales in 2018, providing $3.4 billion in total taxes.

February 23, 2022

Finance

MedMen to Withdraw Allegations Against Ascend Wellness in M&A Lawsuit

Counterclaims in the lawsuit asserted that Ascend Wellness executives exerted political pressure on Gov. Kathy Hochul’s administration to foster deal.

February 22, 2022

Finance

Alberta Cannabis Retailers Hustle to Prepare For Online Sales Launch

The province will shut down its government-run sales website March 8, allowing licensed cannabis operators to launch online and delivery services.

February 22, 2022

Finance

CannAmerica Announces Appointment of New Director; Provides Corporate Update

Vincent E. Norment, a U.S. Marine Corps veteran and the founder and CEO of the Marijuana Hall of Fame, has joined CannAmerica's board.

February 18, 2022

Finance

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.

February 16, 2022

Finance

Ascend Wellness Files Amended Complaint Against MedMen

The New York cannabis lawsuit stems from a terminated acquisition agreement between the two companies; Ascend asks court to dismiss countersuit.

February 15, 2022