American Cannabis News

Subversive Capital to Become Second Publicly Traded Cannabis REIT

Subversive Real Estate Acquisition REIT LP Announces US$182.8 Million Qualifying Transaction to Become Publicly Traded Internally Managed Cannabis REIT US$182.8 Million Qualifying Transaction composed of 15 cannabis industrial and...
- October 7th, 2020 at 7:05 am

Planet 13 Pre-Announces Q3 Revenue at $22.8 Million

Planet 13 Announces Record Preliminary Q3 Revenue Preliminary unaudited Q3 revenue of $22.8 million with gross margins of ~50% LAS VEGAS, NV / ACCESSWIRE / October 6, 2020 /...
- October 6th, 2020 at 7:02 am

COVID-19 Should Be the Catalyst to Legalize Cannabis

  Guest post by Neptune Wellness Solutions CEO Michael Cammarata On June 8th, the National Bureau of Economic Research officially declared that the U.S. is in a recession driven by...
- October 1st, 2020 at 4:38 pm

Cannabis Stocks Pull Back Sharply in September

The Global Cannabis Stock Index gave up all of its gains from July and August to end Q3 down 6.7%, decreasing 16.2% in September to 27.45: The index, which had 37...
- October 1st, 2020 at 1:44 pm

Acreage Issues $33 Million Three-Year Debt at 7.5%

Acreage Secures Three-Year Term Loan, Repays Short-Term Convertible Note NEW YORK, Sept. 29, 2020 (GLOBE NEWSWIRE) — Acreage Holdings, Inc. (“Acreage”) (CSE:ACRG.A.U, ACRG.B.U), (OTC: ACRHF, ACRDF) today announced it...
- September 29th, 2020 at 5:14 pm

Lenders to Advance MedMen Another $20 Million on Onerous Terms

MedMen Announces US$20 Million Financing Commitments – Designated News Release LOS ANGELES, September 16, 2020–(BUSINESS WIRE)–MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a leading cannabis...
- September 16th, 2020 at 5:02 pm

Trulieve Raises C$100.45 Million Selling Shares at C$24.50

Trulieve Announces Underwritten Offering of Subordinate Voting Shares TALLAHASSEE, Fla., Sept. 16, 2020 /CNW/ – Trulieve Cannabis Corp. (“Trulieve” or the “Company”) (CSE: TRUL) (OTCQX: TCNNF), a leading and...
- September 16th, 2020 at 4:41 pm