Tag: CBT > Business Issues/ Benchmarks > Finance: Page 69

Finance

Several Chicago Cannabis Dispensaries Halt Adult-Use Sales Due to Supply Issues

Several retailers were unable to sell product to adult-use customers Jan. 6.

January 6, 2020

Legislation and Regulation

Minnesota’s Medical Cannabis Businesses Advocate for Smokable Flower to Increase Program’s Affordability

The state’s extract-only market has experienced slow growth since its 2014 launch, in part due to high costs.

January 6, 2020

Legislation and Regulation

Illinois Launches Adult-Use Cannabis Sales After Governor Pardons Thousands of Cannabis Convictions: Week in Review

The state saw nearly $3.2 million in sales and more than 77,000 transactions on the first day of sales.

January 4, 2020

Finance

HeavenlyRx, Ltd. Acquires Majority Ownership of CBD Brand PureKana

PureKana is rapidly expanding and expects to greatly surpass 2019 sales next year.

January 2, 2020

Finance

Nextleaf Ends 2019 with 11th Granted Patent

The company closed out a successful year with a stacked IP portfolio, completion of extraction plant and commencement of revenue.

January 2, 2020

Legislation and Regulation

Cannabis Industry Urges Senate Banking Chairman to Move Forward with SAFE Banking Act

Sen. Mike Crapo released guidelines for cannabis banking reform legislation Dec. 19 that would undermine the intent of proposed reforms and hinder the effective operation of state-legal cannabis programs.

January 2, 2020

Finance

Cresco Labs Makes First Sale of Adult-Use Cannabis in Illinois at Its Sunnyside* Lakeview Dispensary

The company served 3,145 adult-use customers on Jan. 1, the first day of sales.

January 2, 2020

Finance

MJardin Enters into Definitive Agreement for the Sale of Its Cheyenne Cultivation Facility

The company will use the proceeds of the transaction to reduce its debt obligations and for working capital requirements for its 2020 plan.

January 2, 2020

Investors in the Cannabis Market

Curaleaf Holdings, Inc. Announces New $275 Million Senior Secured Term Loan Facility

The new financing has no equity component.

January 2, 2020

Finance

Cannabis Conference Pricing Deadline Extended to Jan. 10

Now that we're on the far side of the holiday season, the Cannabis Conference team is extending its Early Bird registration deadline (originally Dec. 27) to Jan. 10.

January 2, 2020

Finance

The Valens Company Announces New Extraction, White Label and Supply Agreements and Updates OTCQX Ticker to 'VLNCF'

The company has announced a four-year extraction and white label agreement with Emerald Health Therapeutics Inc.

December 30, 2019

Finance

WeedMD Closes Acquisition of Starseed Holdings Inc. and $25 Million Subscription Receipt Financing

The company has also enhanced its management team and board of directors, announcing a new chair.

December 30, 2019