American Cannabis News

Ancillary Cannabis Stocks Drop 8% in October

Following up on our discussion earlier this year about how cannabis investors have embraced publicly traded ancillary companies, New Cannabis Ventures launched its seventh proprietary index, the Ancillary Cannabis Index, at the...
- October 31st, 2021 at 6:11 pm

Verano Borrows $120 Million at 8.5%

Verano Upsizes Credit Agreement to US$250 Million at 8.50% With an Additional US$100 Million Option Adds substantial, non-dilutive capital to the Company’s balance sheet, further buttressing its strong cash...
- October 20th, 2021 at 8:53 am

California Cannabis Company Claybourne Raises $17.5 Million

Claybourne Co. Announces $17.5 Million Over-Subscribed Capital Raise RIVERSIDE, CA, October 15, 2021 — Claybourne Industries Inc. (“Claybourne Co.”) one of California’s leading cannabis brands by retail sales, today...
- October 15th, 2021 at 12:13 pm

Cresco to Acquire Pennsylvania Operator Laurel Harvest for $80 Million

Cresco Labs to Expand Leadership in Pennsylvania Through Acquisition of Vertically Integrated Operator, Laurel Harvest CHICAGO, October 14, 2021–(BUSINESS WIRE)–Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco Labs” or “the Company”), a vertically...
- October 14th, 2021 at 8:00 am

Cannabis Technology Company Flowhub Raises $19 Million

Flowhub Announces $19 Million Strategic Funding Led by Headline, Poseidon and Shawn “Jay-Z” Carter New Fundraise Brings the Cannatech Company’s Valuation to Over $200M DENVER, Oct. 12, 2021 /CNW/...
- October 12th, 2021 at 10:09 am