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New Jersey regulators approved the first 18 annual adult-use cannabis business licenses for the state’s marijuana market. According to a Thursday news release, the New Jersey Cannabis Regulatory Commission (CRC) approved eight applications for annual licenses and another 10 applications to convert existing conditional permits to annuals. ADVERTISEMENT Conditional licenses are an important step for […]
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Sign up for Weekend Dispensary to get the latest cannabis news and exclusive articles delivered straight to your inbox. By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia […]
Sign up for Weekend Dispensary to get the latest cannabis news and exclusive articles delivered straight to your inbox. By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia […]
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 […]
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 […]
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 […]