Cannabis Products & Services News

What’s New With Cannabis Stocks for the Week Ending 05/21/21

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  Mississippi’s medical cannabis referendum win was...
- May 21st, 2021 at 5:04 pm

Cannabis REIT Raises $300 Million Selling 5-Year Notes at 5.50%

Innovative Industrial Properties Prices Private Offering of 5.50% Senior Notes Due 2026 SAN DIEGO, May 19, 2021–(BUSINESS WIRE)–Innovative Industrial Properties, Inc. (the “Company”) (NYSE: IIPR) announced today that its...
- May 19th, 2021 at 4:20 pm

Greenlane Generates $34 Million Revenue in Q1

Greenlane Accelerates Acquisition Strategy and Achieves Second Consecutive Quarter of Record Greenlane Brands Revenue in Q1 2021 A strong start to 2021 with the pending transformational merger with KushCo...
- May 18th, 2021 at 7:39 am

Cannabis REIT Launches $200 Million 5-Year Debt Offering

Innovative Industrial Properties Announces Launch of $200 Million Offering of Senior Notes Due 2026 SAN DIEGO, May 17, 2021–(BUSINESS WIRE)–Innovative Industrial Properties, Inc. (the “Company”) (NYSE: IIPR) announced today...
- May 17th, 2021 at 9:06 am

Hydrofarm Q1 Revenue Increases 67% to $111 Million

Hydrofarm Holdings Group Announces First Quarter 2021 Results Company Updates Full Year 2021 Outlook FAIRLESS HILLS, Pa., May 13, 2021 (GLOBE NEWSWIRE) — Hydrofarm Holdings Group, Inc. (“Hydrofarm” or...
- May 13th, 2021 at 4:35 pm

GrowGeneration Q1 Revenue Increases 173% to $90 Million

GrowGeneration Reports Record First Quarter 2021 Financial Results and Raises Full-Year 2021 Guidance Record Revenue increased 173% to $90 million; 2021 Revenue Guidance Raised to $450-$470 million and Adjusted...
- May 12th, 2021 at 4:26 pm

urban-gro Q1 Revenue Increases 182% to $12 Million

urban-gro, Inc. Reports Record First Quarter 2021 Financial Results Record revenues in Q1 2021 of $12.0 million compared to revenues of $4.2 million during the three months ended March...
- May 11th, 2021 at 4:31 pm

Cannabis REIT Revenue Increases 103% to $42.9 Million

Innovative Industrial Properties Reports First Quarter 2021 Results Acquisitions and Portfolio Performance Drive Q1 Y-O-Y Growth of 103% in Total Revenues, 122% in Net Income and 116% in AFFO...
- May 5th, 2021 at 4:43 pm

AFC Gamma Lends $15 Million to Cansortium

AFC Gamma Serves as Lead Investor in Cansortium’s $71 Million Senior Secured Credit Facility to Fund Operations in Three States Highlights AFC Gamma’s Presence in the Growing Medical Marijuana...
- May 5th, 2021 at 9:04 am

New Cannabis Ventures Introduces Ancillary Stock Index

Following up on our recent discussion of how cannabis investors have embraced publicly traded ancillary companies, New Cannabis Ventures launched its seventh proprietary index, the Ancillary Cannabis Index at the...
- May 2nd, 2021 at 7:01 pm

What’s New With Cannabis Stocks for the Week Ending 04/30/21

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  Pro-cannabis legislation advanced in Louisiana and...
- April 30th, 2021 at 5:21 pm

Hydrofarm Raises $269.3 Million Selling Shares at $59

Hydrofarm Holdings Group Announces Pricing of Upsized Public Offering of Common Stock FAIRLESS HILLS, Pa., April 28, 2021 (GLOBE NEWSWIRE) — Hydrofarm Holdings Group, Inc. (“Hydrofarm” or the “Company”)...
- April 28th, 2021 at 9:57 pm