American Cannabis News

Michigan Cannabis Sales Dip 3% in May as Prices Plunge

During May, Michigan cannabis sales increased 76% from a year ago to $148.9 million, a 3% decrease from April despite having an additional day: The Michigan Marijuana Regulatory Agency breaks out sales by...
- June 23rd, 2021 at 9:53 am

KushCo Holdings Sees Q3 Revenue at $27.5-28 Million

KushCo Holdings Reports Preliminary Fiscal Third Quarter 2021 Results Company Expects Fiscal Q3 2021 Revenue to Increase 21% to 26% Year-Over-Year CYPRESS, CA / ACCESSWIRE / June 15, 2021...
- June 15th, 2021 at 8:29 am

Columbia Care Closes $240 Million Green Leaf Acquisition

Columbia Care Completes Acquisition of Green Leaf Medical; Cements Market Leading Position in Mid-Atlantic Affirms Company’s Position as a Leading Cultivator, Processor, Wholesale Supplier and Retailer in Limited License...
- June 11th, 2021 at 8:07 am

Acreage Holdings Founder Launches $125 Million Cannabis REIT

Viridescent Realty Trust Announces The First Closing of its Cannabis Mortgage Real-Estate Investment Trust CYPRESS, Texas, June 08, 2021–(BUSINESS WIRE)–Viridescent Management LLC, an affiliate of Viridescent Capital Partners (“Viridescent”),...
- June 8th, 2021 at 10:07 am

22nd Century Group Raises $40 Million Selling Shares at $4

22nd Century Announces $40 Million Common Stock Registered Direct Offering Financing Provides Support to the Company’s Strategic Objectives Across All Its Plant Franchises BUFFALO, N.Y., June 07, 2021 (GLOBE...
- June 7th, 2021 at 9:50 am

Cannabis Sales Accelerate in April

With easy comparisons to a year ago in some cases, growth was generally strong across the markets covered by BDSA in April. Strength in pre-rolls was a major factor....
- June 6th, 2021 at 6:10 pm