Marijuana MSO Ascend Wellness borrows additional $36.5 million
Marijuana multistate operator Ascend Wellness Holdings tacked on $36.5 million of additional borrowing to its existing senior secured credit facility.
New York Medical Marijuana News
Marijuana multistate operator Ascend Wellness Holdings tacked on $36.5 million of additional borrowing to its existing senior secured credit facility.
Multistate operator Cresco Labs succeeded in its push to get $38 million in tax breaks for a planned cannabis cultivation and manufacturing facility in Ulster County, New York.
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Product sampling is the gold standard of consumer packaged goods marketing.
Cannabis growers looking to take their cultivation sustainability methods to the next level are adopting the tenets of regenerative farming.
Marijuana multistate operator Ascend Wellness resolved a bitter, weekslong legal dispute with Los Angeles-based MedMen Enterprises by agreeing to pay an additional $15 million for MedMen’s lucrative New York medical cannabis operation.
New York marijuana regulators approved 36 more conditional licenses to grow recreational marijuana, adding to the list of hemp growers approved to kickstart the new adult-use program.
New York hemp growers hit hard by an oversaturated market and low prices are jumping at another chance to grow the same species of plant, just a different variety: marijuana.