Marijuana Business Daily is rolling out extensive coverage of the 2020 general election to give readers timely updates and analysis of legalization ballot measures in five states as well as key federal races that could affect cannabis reform. MJBizDail…
Arizona Medical Cannabis Business & Marijuana Legal News
Marijuana MSO Harvest Health raises nearly $35 million in stock offering
Marijuana multistate operator Harvest Health & Recreation raised $34.5 million (46 million Canadian dollars) through a public offering of subordinate stock, the company said Wednesday. The Arizona-based marijuana company said in a previous news rel…
Marijuana MSO 4Front enters $30M sale-leaseback deal to pay down debt
Multistate operator 4Front Ventures is utilizing a $30 million sale-leaseback transaction to rid itself of debt to a corporate lender, the company said. The all-cash deal with California-based Innovative Industrial Properties (IIP) involves the sale of…
Marijuana legalization proponents outraising opponents 36-to-1 in 2020
Financial support for marijuana legalization, both medical and recreational, has grown significantly in 2020 compared to 2016. Proponents of state ballot measures have outraised opponents this election season by almost 36-to-1, a massive increase from …
Week in Review: Vermont OKs adult-use marijuana, Maine sales begin, WHO plan questioned & more
Vermont became the 11th state in the U.S. to fully legalize marijuana for adult use when Republican Gov. Phil Scott let a bill to allow recreational sales become law without his signature. MJBizDaily takeaway: Setting aside the governor’s half-he…
Group inks $182.8M of cannabis deals in bid to become publicly traded REIT
A New York-based limited partnership said it has entered binding agreements to acquire 15 marijuana-related properties in nine states for $182.8 million with the intention of becoming a leader in the cannabis real estate investment trust (REIT) sector….
Text-message ads from marijuana companies spur spam-related lawsuits
A legal and financial liability has emerged over the past two years threatening the coffers of marijuana businesses: class action lawsuits filed by recipients of unwanted text-message advertisements who allege they’re getting spammed with deals a…
How to maximize a marijuana operation’s return on investment
No longer operating in the shadows, the hyper-growth legal cannabis industry is well on its way for consideration as a mainstream business segment.
How to maximize a marijuana operation’s return on investment is a post from: Marijuana Business Da…
How to maximize a marijuana operation’s return on investment
No longer operating in the shadows, the hyper-growth legal cannabis industry is well on its way for consideration as a mainstream business segment.
How to maximize a marijuana operation’s return on investment is a post from: Marijuana Business Da…
A new Arizona adult-use cannabis market may offer limited business opportunities
Even if Arizona voters back recreational marijuana legalization on Nov. 3, don’t expect a wide-open cannabis market with lots of new business licenses immediately up for grabs in the Southwest state. That could change over time, depending on the …