European cannabis firms banking on higher IPOs in US upon rescheduling
MJBiz » Stocks
by Chris Roberts
6d ago
A growing number of European cannabis startups are considering initial public offerings in the United States, where they expect higher valuations in New York than on a London-based exchange. European cannabis firms banking on higher IPOs in US upon rescheduling is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs ..read more
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Canopy Growth prepares to raise $250 million for marijuana investments
MJBiz » Stocks
by Chris Roberts
1M ago
Days after exercising an option to acquire a U.S.-based marijuana multistate operator, onetime billion-dollar cannabis giant Canopy Growth Corp. is planning to raise up to $250 million via an at-the-market equity program. Canopy Growth prepares to raise $250 million for marijuana investments is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs ..read more
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Cannabis MSO Acreage aims to raise $10 million amid ‘deteriorating’ finances
MJBiz » Stocks
by Chris Casacchia
1M ago
A day after Canadian cannabis company Canopy Growth Corp. exercised its option to acquire Acreage Holdings, the American multistate operator announced a private placement with institutional investors to raise $10 million. Cannabis MSO Acreage aims to raise $10 million amid ‘deteriorating’ finances is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs ..read more
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Cannabis operators Cansortium and RIV Capital are merging
MJBiz » Stocks
by Kate Robertson
1M ago
Cansortium, a Florida-based vertically integrated cannabis multistate operator, is merging with RIV Capital, which operates the Etain Health marijuana brand in New York. Cannabis operators Cansortium and RIV Capital are merging is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs ..read more
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Cannabis technology firm Agrify regains Nasdaq compliance
MJBiz » Stocks
by Kate Robertson
2M ago
Cannabis technology firm Agrify said it has regained compliance with Nasdaq's stock listing rules after converting $13.8 million of debt to equity. Cannabis technology firm Agrify regains Nasdaq compliance is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs ..read more
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Goodness Growth seeks $860 million from Verano in failed marijuana acquisition
MJBiz » Stocks
by Kate Robertson
2M ago
Marijuana multistate operator Goodness Growth is seeking $860.9 million in damages from Verano Holdings Corp., alleging breach of contract after the latter terminated its agreement to acquire Goodness Growth Holdings. Goodness Growth seeks $860 million from Verano in failed marijuana acquisition is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs ..read more
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Cannabis tech company Agrify converts $13.8M in debt to equity to pacify Nasdaq
MJBiz » Stocks
by Kate Robertson
2M ago
Cannabis technology company Agrify converted roughly $13.8 million in debt to equity to regain compliance with Nasdaq's stock listing rules. Cannabis tech company Agrify converts $13.8M in debt to equity to pacify Nasdaq is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs ..read more
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Judge skeptical of challenge to federal marijuana prohibition
MJBiz » Stocks
by Chris Roberts
2M ago
The effort by four cannabis businesses, including one multistate operator, to undo federal marijuana prohibition via a constitutional challenge was met with skepticism by a federal judge in Massachusetts on Wednesday. Judge skeptical of challenge to federal marijuana prohibition is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs ..read more
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Merger of Nature’s Miracle, cannabis tech firm Agrify collapses
MJBiz » Stocks
by Chris Roberts
2M ago
Merger of Nature’s Miracle, cannabis tech firm Agrify collapses is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs ..read more
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Cannabis stocks will rebound on path to rescheduling, analysts say
MJBiz » Stocks
by Kate Robertson
2M ago
Embattled cannabis stock prices get a boost when there's a major announcement pertaining to federal marijuana reform. Cannabis stocks will rebound on path to rescheduling, analysts say is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs ..read more
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