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Why Ontario marijuana retail operator Cannabis Xpress is betting on tiny stores

As far as Chris Jones is concerned, sometimes you have to go small to make it big. The veteran marijuana retail operator is wagering that small, convenience-style locations are the key to sustainable retail profitability in Ontario, the largest recreat…

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Provincial windfall from Ontario Cannabis Store seen rising to CA$170 million

Ontario’s monopoly cannabis wholesaler and online retailer, the Ontario Cannabis Store (OCS), is forecasted to contribute 170 million Canadian dollars ($135 million) to provincial coffers for the 2021-2022 fiscal year, according to Ontario’…

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Cannabis real estate financier AFC Gamma prices Nasdaq IPO at $119M

AFC Gamma, which offers real estate loans to legal marijuana companies, priced its initial public offering on the Nasdaq exchange to raise net proceeds of roughly $118.8 million before underwriting discounts, commissions and other expenses. According t…

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Canadian cannabis producer Canopy Growth borrows $750 million

Smiths Falls, Ontario-based cannabis producer Canopy Growth has taken out a senior secured loan worth $750 million ($932 million Canadian dollars) – with the possibility of borrowing $500 million more – in a deal with investment management …

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Cannabis tech platform Dutchie raises $200M, acquires Greenbits, LeafLogix

Cannabis retail technology platform Dutchie has raised $200 million in a Series C funding round it says values the company at $1.7 billion. The funding round was led by investment firm Tiger Global and also included previous investors Casa Verde Capita…

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Unserved CO areas getting recreational marijuana stores after election

Regulated recreational marijuana stores are coming to untapped Colorado markets after pro-marijuana ballot wins last November. Voters in eight Colorado municipalities voted in last November’s election to allow recreational marijuana sales in the …

2020 marijuana ballot initiatives Cannabis Industry & Marijuana Business Briefs Colorado adult-use cannabis sales Colorado Medical Cannabis Business & Marijuana Legal News Marijuana Dispensary & Cannabis Store News United States Cannabis Industry & Marijuana Business News

Unserved CO areas getting recreational marijuana stores after election

Regulated recreational marijuana stores are coming to untapped Colorado markets after pro-marijuana ballot wins last November. Voters in eight Colorado municipalities voted in last November’s election to allow recreational marijuana sales in the …

2020 marijuana ballot initiatives Cannabis Industry & Marijuana Business Briefs Colorado adult-use cannabis sales Colorado Medical Cannabis Business & Marijuana Legal News Marijuana Dispensary & Cannabis Store News United States Cannabis Industry & Marijuana Business News

Unserved CO areas getting recreational marijuana stores after election

Regulated recreational marijuana stores are coming to untapped Colorado markets after pro-marijuana ballot wins last November. Voters in eight Colorado municipalities voted in last November’s election to allow recreational marijuana sales in the …