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…
Ancillary Marijuana Companies News
South Dakota trade group forms to aid prospective marijuana businesses
As South Dakota works to implement medical and recreational marijuana programs passed by voters in 2020, a new trade group seeks to assist cannabis companies in the state.
South Dakota trade group forms to aid prospective marijuana businesses is a post…
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…
Ex-Eaze CEO pleads guilty in $100 million cannabis payment scheme
The former CEO of California cannabis delivery platform Eaze pleaded guilty to one count of conspiracy to commit bank fraud in connection with an alleged scheme to deceive banks into processing more than $100 million worth of credit and debit payments …
MJBizDaily launches annual marijuana industry survey to collect business data
The annual marijuana business survey helps MJBizDaily provide key market, financial and operational data for businesses and entrepreneurs.
MJBizDaily launches annual marijuana industry survey to collect business data is a post from: Marijuana Business …
Marijuana real estate lender AFC Gamma to raise up to $105M in IPO
Marijuana industry real estate investment trust Advanced Flower Capital, also known as AFC Gamma, is planning an initial public offering on the Nasdaq exchange that’s intended to raise $94.4 million to $105.6 million. The offering would involve t…
Marijuana businesses can shield against product-liability claims by managing supply chain
Product-liability cases are among the most damaging lawsuits a business can face. Yet many marijuana businesses don’t take this threat as seriously as they should, experts said.
Marijuana businesses can shield against product-liability claims by managi…
Cannabis firm Weedmaps, California vape shop sued over fatal shooting
Online cannabis advertising platform Weedmaps and a Southern California vape shop have been targeted with a wrongful death lawsuit in civil court by a mother who claims both are to blame in the shooting death of her son. According to Law360.com, the la…
Marijuana software firm Agrify prices IPO to raise $54 million
Agrify Corp., an ancillary marijuana business that produces hardware and software for indoor cannabis cultivators, priced an upcoming initial public share offering at $10 per share, or $54 million. Agrify shares will trade as AGFY on the Nasdaq exchang…
Newly formed Cannabis Beverage Council inspired by alcohol prohibition
A new beverage group has been formed to connect leaders in the cannabis and beverage industries who hope to expand that segment of the hemp and marijuana sectors.
Newly formed Cannabis Beverage Council inspired by alcohol prohibition is a post from: Ma…