Cannabis Products & Services News

Private Cannabis REIT Raises Initial $80 Million

Advanced Flower Capital Announces the First Closing of its Cannabis Mortgage Real-Estate Investment Trust WEST PALM BEACH, Fla., Aug. 17, 2020 /PRNewswire/ — AFC Gamma Inc., a commercial-mortgage real-estate...
- August 17th, 2020 at 9:19 am

GrowGen Q2 Revenue Increases 123% to $43.5 Million

GrowGeneration Reports Record Financial Results Q2 2020 Record Revenues of $43.5 Million, Adjusted EBITDA of $4.6 Million and Net Income of $2.6 Million 2020 Revenue Guidance Increased to $170-$175M...
- August 13th, 2020 at 7:36 am

Fyllo Raises $10 Million in Series A2 Financing

JW Asset Management and K2 & Associates lead round to accelerate R&D and industry expansion CHICAGO, Aug. 12, 2020 /PRNewswire/ — Fyllo today announced it has raised $10 million...
- August 12th, 2020 at 11:11 am

Greenlane Reports Q2 Revenue of $32.4 Million

Greenlane Announces Second Quarter 2020 Financial Results BOCA RATON, Fla., Aug. 07, 2020 (GLOBE NEWSWIRE) — Greenlane Holdings, Inc. (“Greenlane” or “the Company”) (Nasdaq: GNLN), one of the largest...
- August 7th, 2020 at 7:32 am

Cannabis Stocks Jump 9% in July to Extend Q2 Gains

Cannabis stocks recovered nearly all of the losses from June during July, with the Global Cannabis Stock Index increasing 9.0% to 32.07: The index, which had 37 qualifying members during the...
- August 3rd, 2020 at 1:43 pm

Hawthorne Gardening Q3 Sales Grow 72% to $303 Million

ScottsMiracle-Gro Announces Third Quarter Financial Results, Increased Fiscal 2020 Guidance and Approval of Special Dividend Company-wide third quarter sales increase 28% including Hawthorne growth of 72% U.S. Consumer sales...
- July 29th, 2020 at 7:51 am

Steep Hill Alleges Breach of Confidential Information

Steep Hill Files Arbitration Action Citing Former CEO Jmîchaeĺe Keller for Alleged Corporate Malfeasance BERKELEY, Calif., July 6, 2020–(BUSINESS WIRE)–Late last week, Steep Hill’s former CEO, Jmîchaeĺe Keller, made...
- July 7th, 2020 at 6:12 am

Cannabis REIT Raises Another $225 Million

Innovative Industrial Properties Upsizes and Prices Public Offering of Common Stock SAN DIEGO, June 30, 2020–(BUSINESS WIRE)–Innovative Industrial Properties, Inc. (the “Company”) (NYSE: IIPR) announced today the upsize and...
- June 30th, 2020 at 7:27 am