Merrill Lynch To Begin Accepting Cannabis Clients
The ongoing federal ban on marijuana makes financing, banking, and investing difficult. Merrill Lynch sees investment potential and will be relaxing its approach to accepting clients with marijuan...
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,...
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...
Partnership With NY Indigenous Tribe Hopes To Reap Social & Financial Benefits
Little Beach Harvest, Long Island, New York’s Shinnecock Indian Nation’s wholly-owned cannabis business, is partnering with Phoenix, Arizona-based TILT Holdings to create vertical cannabis operati...
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...
NewLake Closes IPO With An Impressive $102 Million Raised & Begins Trading
Real estate investment trust (REIT) NewLake Capital Partners, Inc. closed its initial public offering (IPO) today, reportedly raising $102 million from 3,905,950 shares of common stock. NewLak...
