Tilray Acquires $165.8 Million In MedMen Stake Through “Outstanding Senior Notes”
Canada-based pharmaceutical and cannabis company Tilray, Inc., has purchased the bulk of MedMen Enterprises Inc.’s outstanding senior secured notes for a reported value of $165.8 million. The note...
Lowell Farms Delivers Solid Second Quarter Of Revenue
On Monday, August 16, California-based innovator in marijuana cultivation and creator of the legendary brand Lowell Smokes, announced revenue and operating results for their second quarter. Revenu...
RocketFuel To Bring Crypto-Payment Options To Cannabis Dispensaries
More and more states might be legalizing cannabis, but until the federal government addresses marijuana prohibition head-on, dispensaries will continue to face issues when it comes to clean money....
MedMen Seeks To Restructure Amidst Challenging Financial Insecurity
Trailblazing yet financially insecure cannabis company MedMen Enterprises Inc. locked down its brightest ray of hope, Tom Lynch, as Chief Executive Officer earlier this month. After a lengthy peri...
Cannabis Tax Revenues Have Brought In $8B Since The Beginning Of Legalization
Cannabis has boomed into a multi-billion dollar industry, from the sales of cannabis flower to marijuana packaging — even if legalization is at a standstill in certain states. However, the recent ...
New Study Shows That Recreational Marijuana Is Correlated With Higher Home Values
It’s all about location when it comes to real estate. For some, the perfect location is in a cannabis-friendly state that’s legalized recreationally and medically, with a dispensary and smoke shop...
Cannabis Companies May Turn To Crypto Due To Federal Banking Hurdles
Despite its growing popularity and legitimacy, the cannabis industry continues to struggle with banking relationships. Because federal law prohibits the sale and distribution of marijuana, cannabis...
