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MJBiz Factbook: Marijuana industry will add $112.4 billion to US economy in 2024

The total U.S. economic impact generated by regulated marijuana sales could top $112.4 billion in 2024, about 12% more than last year, according to analysis from the newly released MJBiz Factbook.
MJBiz Factbook: Marijuana industry will add $112.4 bill…

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Dutchie marijuana retail customers report system crashes on 4/20

Marijuana retailers using Dutchie e-commerce systems reported widespread outages on April 20, the cannabis industry’s top day for sales.
Dutchie marijuana retail customers report system crashes on 4/20 is a post from: MJBizDaily: Financial, Legal &…

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Cannabis tech company Agrify to be acquired by Nature’s Miracle

Cannabis production technology company Agrify Corp. is being acquired by controlled environment agriculture tech firm Nature’s Miracle Holding in a deal that values Agrify’s equity at roughly $6.3 million.
Cannabis tech company Agrify to be acquired by…

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Cannabis staffing company Vangst acquires ‘largest competitor’

Vangst, a major cannabis industry staffing platform, acquired CannabizTemp in what is believed to be the first such move in the marijuana human resources sector.
Cannabis staffing company Vangst acquires ‘largest competitor’ is a post from:…

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Marijuana firm Village Farms regains Nasdaq compliance; Weedmaps loses it

Marijuana company Village Farms International is back in compliance with Nasdaq rules; Weedmaps parent company WM Technology is noncompliant.
Marijuana firm Village Farms regains Nasdaq compliance; Weedmaps loses it is a post from: MJBizDaily: Financia…

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Cannabis operators’ delinquent payments total more than $3.8 billion, report says

Total delinquent payments by U.S. cannabis operators have exceeded $3.8 billion and could balloon to $4.2 billion in 2024 without some intervention.
Cannabis operators’ delinquent payments total more than $3.8 billion, report says is a post from:…

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Marijuana REIT Chicago Atlantic reports 17% interest income increase for 2023

The prospect of federal marijuana reform is growing investment and improving equity for Chicago Atlantic Real Estate Finance’s clients, senior management said Tuesday during the company’s fourth-quarter and full-year earnings call.
Marijuana REIT Chica…

All U.S. Ancillary Ascend Wellness Holdings Briefs Chicago Atlantic Chicago Atlantic Real Estate Finance finance Medical & Recreational Pablo Zuanic Trulieve Cannabis

Marijuana REIT Chicago Atlantic reports 17% interest income increase for 2023

The prospect of federal marijuana reform is growing investment and improving equity for Chicago Atlantic Real Estate Finance’s clients, senior management said Tuesday during the company’s fourth-quarter and full-year earnings call.
Marijuana REIT Chica…

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‘Much more stable’ marijuana landscape in 2024, CEO of NewLake REIT says

This year is “a much more stable landscape” for the marijuana sector than in 2023, the CEO of cannabis industry real estate investment trust (REIT) NewLake Capital Partners said as the company reported its fourth-quarter earnings.
‘Much more stab…

All U.S. Ancillary Anthony Coniglio Briefs Calypso Enterprises cannabis real estate connecticut finance Gordon DuGan Jarrett Annenberg Lisa Meyer marijuana real estate quarterly results real estate real estate investment trust REIT Revolutionary Clinics stocks

‘Much more stable’ marijuana landscape in 2024, CEO of NewLake REIT says

This year is “a much more stable landscape” for the marijuana sector than in 2023, the CEO of cannabis industry real estate investment trust (REIT) NewLake Capital Partners said as the company reported its fourth-quarter earnings.
‘Much more stab…