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

Cannabis Sales Show Strong Growth in March

With some easy comparisons in some cases to a year ago and three extra days compared to February, cannabis growth surged in 8 of the 10 markets that BDSA covers in...
- May 5th, 2021 at 8:53 am

Lowell Farms Q1 Revenue Increases 17% to $11 Million

Lowell Farms Inc. Announces First Quarter 2021 Financial Results SALINAS, Calif., May 04, 2021 (GLOBE NEWSWIRE) — Lowell Farms Inc. (the “Company”) (CSE: LOWL; OTCQX: LOWLF), a leading, vertically-integrated,...
- May 4th, 2021 at 6:20 pm

Tilray and Aphria Close Merger

Tilray & Aphria Announce Closing of Transaction That Creates the “New” Tilray – a Global Cannabis Leader Operational Efficiencies Expected to Generate Approximately US$81 Million Annual Pre-Tax Cost-Saving Synergies...
- May 3rd, 2021 at 8:46 am

American Cannabis Operators Index Slips 4% in April

The American Cannabis Operator Index fell for the second straight month after having scored five straight monthly gains, declining 4.1% to 79.66: After gaining 45.7% in 2020, when it ended at...
- May 3rd, 2021 at 7:56 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

Cansortium Borrows $71 Million for Four Years at 13%

Cansortium Completes $71 Million Debt Financing Debt Maturities Extended to April 2025 Additional Liquidity Significantly Strengthens Balance Sheet Proceeds to Fund Expansion in Florida, Pennsylvania and Michigan MIAMI, April...
- April 30th, 2021 at 8:43 am