American Cannabis News

Trulieve to Borrow $350 Million at 8% for 5 Years

Trulieve Announces $350 Million Private Placement of 8% Senior Secured Notes Leverages Industry Leading Balance Sheet to Provide for Retirement of Certain Harvest Health & Recreation Debt Upon Completion...
- September 30th, 2021 at 5:08 pm

American Cannabis Operator Index Declines 2.7% in September

The American Cannabis Operator Index fell for the seventh straight month after having scored five straight monthly gains, declining 2.7% to 54.47: During Q3, the index lost 22.8%. After gaining 45.7%...
- September 30th, 2021 at 4:33 pm

MedMen Q4 Revenue Increases 55% to $42 Million

MedMen Reports 55% Year-Over-Year Quarterly Revenue Growth and Second Consecutive Quarter of Growth in Both Revenue and Retail Adjusted EBITDA Company Continues to Execute Against MedMen 2.0 Growth Plan,...
- September 23rd, 2021 at 4:27 pm

Skymint Raises $78 Million and Expands in Michigan Cannabis Market

SKYMINT Acquires 3Fifteen Cannabis and Completes Concurrent $78 Million Financing From SunStream Bancorp and Merida Capital, Solidifying its Position as Michigan’s top Cannabis Cultivator, Manufacturer, Retailer, and Employer Transactions...
- September 21st, 2021 at 11:06 am

Akerna to Buy Cannabis ERP Software Firm for $17 Million

Akerna to acquire 365 Cannabis, built on Microsoft’s Dynamics 365 Business Central, and become the most comprehensive cannabis ERP system offering a complete portfolio of tax, financials, reporting and...
- September 13th, 2021 at 5:00 pm

Jushi Closes Massachusetts Acquisition At Reduced Cost of $91 Million

Jushi Holdings Inc. Completes Nature’s Remedy Acquisition and Officially Enters Massachusetts Market Jushi Holdings Inc. Completes Acquisition of Massachusetts-Based Nature’s Remedy Negotiates Revised Transaction Terms Resulting in 4.3 million...
- September 13th, 2021 at 7:38 am

What’s New With Cannabis Stocks for the Week Ending 09/10/21

Navigate the fast-moving cannabis sector with 420 Investor, a premium service that sends real-time alerts and explanations of the news below and much more. Summary  California’s unified cannabis regulatory body introduced...
- September 10th, 2021 at 5:08 pm