American Cannabis News

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

Curaleaf Closes $67 Million Acquisition of Colorado Outdoor Cultivator

Curaleaf Completes Acquisition of Los Sueños Expands Colorado Outdoor Cultivation Capacity with 66 acres in 2nd Largest U.S. Cannabis Market Acquisition Completes Curaleaf’s Vertical Integration and Bolsters State’s Biomass Production WAKEFIELD,...
- October 4th, 2021 at 8:57 am

AYR Wellness Closes $80 Million Pennsylvania Acquisition

Ayr Wellness Closes Acquisitions of PA Natural Medicine, LLC; Provides Update on Warrant Acceleration Adds Three Dispensaries to Ayr’s PA Footprint MIAMI, Oct. 04, 2021 (GLOBE NEWSWIRE) — Ayr...
- October 4th, 2021 at 8:44 am