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

Sundial Prices $20 Million Unit Offering at $0.50 Per Share

Sundial Growers Announces Pricing of its US$20 Million Registered Offering CALGARY, AB, Aug. 14, 2020 /PRNewswire/ – Sundial Growers Inc. (NASDAQ: SNDL) (“Sundial” or the “Company”) announced today that...
- August 14th, 2020 at 8:55 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

Trulieve Q2Revenue increases 26% from Q1 to $121 Million

Trulieve Reports Strong Consecutive Growth and Raises Guidance Solid operational results from achieving scale of cultivation and store footprint, provides industry leading free cash flow this quarter TALLAHASSEE, Fla.,...
- August 12th, 2020 at 7:23 am

Acreage Holdings Generates $27.1 Million Revenue in Q2

Acreage Holdings Reports Second Quarter 2020 Results NEW YORK, Aug. 11, 2020 (GLOBE NEWSWIRE) — Acreage Holdings, Inc. (“Acreage”) (CSE: ACRG.U) (OTCQX: ACRGF) (FSE: 0VZ) today reported financial results...
- August 11th, 2020 at 6:06 pm

Vireo Closes $37 Million Pennsylvania Asset Sale

Vireo Health Completes Sale of Equity in Pennsylvania Medical Solutions to Jushi Holdings Inc. for Total Consideration of $37 Million Transaction secures Vireo’s financial future without dilutive impacts to...
- August 11th, 2020 at 1:56 pm

A Massive Swing in Cannabis Sector Sentiment

You’re reading a copy of this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. The newsletter includes unique insight to...
- August 9th, 2020 at 10:56 am