Nevada Marijuana Producer Flower One Signs Loan For $10.1 Million
Flower One, a leading cannabis cultivator and producer, announced signing a $10.1 million term loan financing agreement on February 14 this year. The Nevada-based cannabis firm also disclosed that...
GB Sciences Sale Signals Exit From Cannabis
Las Vegas-based GB Sciences closed the sale of its last remaining cannabis cultivation facility. The $8 million sale proceeds include $3.8 million in immediate debt and liabilities reduction, $1.2...
Nevada Adds Education Program To Prepare Students For Marijuana Lounges
Las Vegas, Nevada, has implemented a new education course to help workers in the cannabis industry prepare for the state’s latest venture: marijuana lounges. The University of Nevada, Reno, has do...
Feds Scrutinize Nevada Cannabis Licensing For Corruption
For the past year, FBI agents have been investigating Nevada’s marijuana industry for corruption involving industry executives in the awarding of business permits. Since voting to legalize recreat...
Nevada Cannabis Compliance Board Suspends Pahrump Cultivation Facility’s License
In an emergency meeting, Nevada’s Cannabis Compliance Board voted to summarily suspend the cultivation license of Pahrump’s Green Cross of America Inc. until it comes into compliance. The suspe...
Verano Holdings Expands Nevada Presence With Acquisition Of Sierra Well
With the acquisition of WSCC, also known as Sierra Well, Verano Holdings Corp. is adding two operational dispensaries, two real estate properties in Carson City and Reno, and an active cultivation...
