Marijuana multistate operator Verano Holdings refinanced its existing $350 million credit facility from cannabis industry real estate lender Chicago Atlantic. Verano originally signed the credit facility in July 2020, and a regulatory filing shows it has been amended multiple times. ADVERTISEMENT According to a Thursday news release, the senior secured loan now matures in October […]
Some of the details of German marijuana legalization were given over to the German press last week. Yesterday though, the government’s plan for German marijuana legalization was approved by the Federal Cabinet. We’ve blogged about Germany’s steady progress to legalization a few times now (see here and here), and it appears that the Germans are […]
In less than two weeks, voters in Missouri will decide on an amendment to legalize recreational pot in the state, a prospect that has some established medical cannabis businesses eyeing expansion. The St. Louis Business Journal has a report out this week on the ballot proposal, known as Amendment 3, which is “projected to create […]
Canadian cannabis producer Cronos Group has been slapped with sanctions, including an administrative penalty of 1.3 million Canadian dollars ($960,000), for improperly recognizing CA$7.6 million in revenue in its 2019 interim financial statements. Ontario’s Capital Markets Tribunal on Monday approved a settlement between the Ontario Securities Commission (OSC) and Cronos regarding the accounting errors. ADVERTISEMENT […]
Idaho’s ban on CBD and hemp-derived products only harms animals even more, because people give it to them regardless of regulations, according to a national group devoted to the wellbeing of animals and pets. It’s a complicated issue that oscillates between the urgent need for CBD oil for dogs and cats that have seizures and […]
California-based Bloomios, a white-label and private-label hemp product manufacturer, acquired gummy maker Infusionz for $23.5 million. Infusionz is a wholly owned subsidiary of Florida-headquartered Upexi. ADVERTISEMENT The only financial details disclosed were that Upexi financed an undisclosed portion of the deal. The transaction includes Infusionz’s portfolio of CBD gummies, its product formulations, customers, equipment, sales team […]
The most recent data available from the Washington State Liquor and Cannabis Board (LCB) shows that among all of the cannabis business owners in Seattle, Washington, only 4% are Black-owned. A new report from King5 News interviews minority business owners who lost their place in the industry when Washington State legalized adult-use cannabis, and how […]
Hello, So i have been vaping for a while now trying different aromas every time, but most of the times the flavor is meh. My question is regards to mixing 2 aromas together. I like to have a freshness to my liquid and decided i’d buy some standalone strawberry, orange, kiwi,… aroma and a few […]
Oregon cannabis operators and their employees are now required to report suspected instances of human trafficking to the state, or potentially face legal consequences. Per the language of the order from the Oregon Liquor and Cannabis Commission, “Employees or workers at a marijuana licensed premises must report to a law enforcement agency or the OLCC […]
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