American Cannabis News

Pelorus Equity Lends Additional $35 Million to Harborside

Pelorus Equity Group Closes Second and Final Tranche of US$77.3M Debt Financing with Harborside Completion of $35M Second Tranche Follows Close of StateHouse Holdings Transaction NEWPORT BEACH, Calif., April...
- April 11th, 2022 at 8:06 am

Jushi Completes $45 Million Nevada Acquisition

Jushi Holdings Inc. Completes NuLeaf, Inc. Acquisition and Expands Vertically Integrated Operations in Nevada Increases Jushi’s Retail Footprint to Four Dispensaries in Nevada’s Attractive Limited License Retail Market Strengthens...
- April 7th, 2022 at 7:35 am

Cannabis REIT NewLake Funds $34 Million C3 Missouri Project

NewLake Capital Partners Acquires Cultivation Property in Missouri for Total Investment of $34.0 Million C3 transaction adds to NewLake’s robust portfolio and strengthens pipeline for future growth NEW CANAAN,...
- April 6th, 2022 at 8:14 am

Illinois Cannabis Sales Increase 14.6% Sequentially in March

After rebounding in February from very weak January levels, Illinois adult-use cannabis sales advanced in March. Sales of $131 million rose 15% from February, stronger than the longer month alone would suggest. Compared...
- April 5th, 2022 at 3:28 pm

Cannabis Sales Bounce Back in February

Editor’s note: This article has been revised as of 4/12/22 due to a substantial number of revisions to the original data provided by BDSA Following a sharp bounce in...
- April 5th, 2022 at 9:00 am

American Cannabis Operator Index Declines 4% in March

After breaking a string of eleven consecutive monthly declines in February, the American Cannabis Operator Index fell 4.2% in March to 38.99: The index, which fell 23.4% in Q4, has declined...
- April 1st, 2022 at 8:38 am

Ancillary Cannabis Stocks Gain 2.7% in March

The Ancillary Cannabis Index bounced back from a weak beginning to the year, advancing 2.7% in March to 52.89: The index has declined 47.1% since its introduction at the end of...
- March 31st, 2022 at 4:48 pm

4Front Q4 Revenue Increases 10% Sequentially to $28.5 Million

4Front Ventures Announces Fourth Quarter and Full Year 2021 Financial Results and Provides Business Update 2021 Systemwide Pro Forma Revenue1 increased 50% year-over-year to $132.7 million 2021 GAAP revenue increased 81%...
- March 30th, 2022 at 5:03 pm