Canadian Cannabis Companies Report Continued Slowing Revenue Growth in June

The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis companies. June was a light month for reporting. Tracker Rules This data-driven, fact-based tracker will continually update based on new financial filings so that readers can stay up to date. Companies must file with the SEC […]

Ascend Wellness Borrows Additional $28.5 Million at 9.5% for Three Years

AWH Announces US$28.5M Incremental Senior Debt Financing – Closes on $28.5M of the incremental draw, bringing the total raised under the Senior Credit Facility to US$275M NEW YORK, June 30, 2022 /PRNewswire/ – Ascend Wellness Holdings, LLC (“AWH” or the “Company”) (CSE: AAWH.U) (OTCQX: AAWH), a multi-state, vertically integrated cannabis operator, today announced that it has closed on $28.5M of the remaining additional […]

Cansortium Is Looking for an M&A Partner with a Complementary Footprint

Exclusive Interview with Cansortium CEO Robert Beasley Cansortium (CSE: TIUM.U) (OTCQX: CNTMF) has vertically integrated operations in the Florida market and a footprint in three other U.S. states. New Cannabis Ventures last checked in with the company in 2019. Since then, a new CEO has come on board. Robert Beasley stepped into the role in […]

Your Cultivation Plan is the Most Important Factor to Increase Your Yield

Increasing yield or production output in a cannabis cultivation facility can often be as simple as having the right cultivation plan in place to ensure that you are harvesting the maximum number of times per year.

The post Your Cultivation Plan is the Most Important Factor to Increase Your Yield appeared first on Cannabis Industry Journal.

JW Asset Management Leads $9M Series A for Mike Tyson’s Cannabis Brand

Round Led by JW Asset Management to Advance House of Brands Strategy Tyson 2.0 is Licensed in over 20 States and has Sold Over 4,000 lbs of Cannabis Flower ORANGE COUNTY, Calif., June 30, 2022 /PRNewswire/ — Tyson 2.0 (“The Company”), iconic boxer, entrepreneur and cannabis advocate Mike Tyson’s cannabis brand, has taken the nation […]

Akerna Sells 29.4 Million Units and 14.1 Million Pre-Funded Warrants at $0.23 Each

Akerna Corp. Announces Pricing of $10 Million Public Offering DENVER, June 30, 2022 (GLOBE NEWSWIRE) — Akerna Corp. (Nasdaq: KERN) (“Akerna” or the “Company”), a leading enterprise software company and developer of one of the most comprehensive technology infrastructures, ecosystems, and compliance engines powering the global cannabis industry, today announced the pricing of an underwritten […]

IIPR Funds Additional $55 Million to Green Thumb Industries for Pennsylvania Development

IIP Funds Additional $55.0 Million for a New 152,000-Square-Foot Industrial Facility SAN DIEGO, June 30, 2022–(BUSINESS WIRE)–Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U.S. cannabis industry, announced today that it entered into an amendment of the lease with Green […]

Canopy Growth to Issue Shares in Exchange for $198 Million of Convertible Debt

Canopy Growth Announces Exchanges with Holders of Approximately US$198 Million of Convertible Notes SMITHS FALLS, ON, June 29, 2022 /PRNewswire/ – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (NASDAQ: CGC) announced today that it has entered into privately negotiated exchange agreements (collectively, the “Exchange Agreements”) with a limited number of holders (the “Noteholders”), including Constellation Brands, […]