MJBizCon’s State Takeovers offer marijuana networking opportunities by region
The deal flow moves fast on the MJBizCon exhibitor floor, provided you know where to look – specifically, the individual State Takeovers.
Marijuana social equity transporters in Illinois file civil rights complaint
A group of seven independent marijuana social equity transporters in Illinois filed a civil rights complaint against the state’s Department of Agriculture alleging that the office discriminated against them when it issued licenses to medical cannabis cultivation centers.
Marijuana company Agrify gets $20M from Green Thumb, shakes up C-suite
A Green Thumb Industries subsidiary is providing $20 million in funding to marijuana cultivation and extraction solutions company Agrify Corp., with $10 million being drawn at closing.
Chicago Atlantic closes on $50 million loan to fund new marijuana investments
Specialty marijuana finance company Chicago Atlantic Real Estate Finance closed on a $50 million loan to fund future investments and other corporate purposes.
Illinois adult-use marijuana sales drop 2% in September to $136.5 million
Adult-use marijuana sales in Illinois were down a little more than 2% in September compared to the same month last year, even though businesses sold more than $1 billion worth of marijuana faster than they have in previous years.
Wyld dominates edibles category in adult-use marijuana markets
Wyld is well on its way to becoming the top-selling edibles brand in every state, a goal the Oregon-based company says it has set for itself.
Marijuana businesses seek alternatives to debt financing in slow capital market
Cannect Wellness raised $7 million in its second equity funding round; capital raises have been slow due to the expense of debt financing.
