Ascend Wellness Borrows $210 Million To Repay Majority Of Debt
New York-based cannabis MSO, Ascend Wellness Holdings (AWH), secured a loan of at least $210 million at a 9.5% annual interest rate in order to repay “substantially all” of the company’s outstandin...
Decibel Cannabis Company Inc. Announces Increase In Offering To $13 Million
Premium cannabis producer, Decibel Cannabis Company Inc., has agreed with Eight Capital, Haywood Securities Inc., and Raymond James to increase the size of its financing for gross proceeds of $13,...
South Africa Moves Forward With Its Cannabis Strategy
The South African Department of Agriculture, Land Reform, and Rural Development endured a two-year process to develop a national strategy for the industrialization and commercialization of cannabi...
France’s Medical Marijuana Pilot Program Gets By With A Little Help
France’s medical marijuana pilot program is underway. It’s missing only one thing: Marijuana. Aurora’s Danish subsidiary, Aurora Nordic, is producing the dried flower. Vaporizers for the dried...
Jane Technologies Raises $100 Million, Has Big Plans For The Future
Jane Technologies announced a $100 million Series C financing round bringing its total money raised to $130 million since its founding in 2015. It’s anticipated that Jane Technologies will use thi...
U.S. Department Of Energy Invests In Hempitecture’s HempWool Research & Development
The U.S. Department of Energy (DOE) is entering the hemp space by investing in Hempitecture, a public benefit corporation that wants to expand its research and development of eco-friendly, HempWoo...
Schwazze To Acquire Brow 2’s Indoor Cultivation Operation In Denver
In yet another move to expand their Colorado presence, Denver-based Schwazze yesterday announced an agreement to acquire indoor cultivation company Brow 2, LLC’s assets for $6.7 million. Schwa...
