American Cannabis News

JW Asset to Invest $20 Million in Gage Cannabis Company

Gage Cannabis Announces US$20 Million Reg A+ Commitment from JW Asset Management DETROIT, Dec. 16, 2020 /PRNewswire/ — Gage Cannabis Co. (“Gage” or the “Company”), the leading high-quality craft cannabis brand and operator in Michigan,...
- December 16th, 2020 at 8:31 am

Wholesale Cannabis Platform LeafLink Raises $40 Million

LeafLink Raises $40 Million Series C Led by Founders Fund Latest investment solidifies the tech company’s sizable growth and significant impact within the rapidly growing cannabis industry New York,...
- December 10th, 2020 at 9:59 am

WeedMaps to Go Public Via SPAC Transaction

WM Holding Company, LLC, the Leading Technology Platform to the Cannabis Industry, to List on Nasdaq Through Merger With Silver Spike Acquisition Corp. WM Holding Company, LLC (“WMH” or...
- December 10th, 2020 at 8:13 am

Ayr Strategies Boosts Debt Deal to $110 Million

Ayr Strategies Announces Upsizing of Previously Announced 12.5% Senior Secured Notes Offering; Completes Incentive Exercise of Three Million Warrants Total Gross Proceeds in Excess of US$135 Million TORONTO, Dec....
- December 9th, 2020 at 7:01 pm

MedMen Q1 Revenue Sinks 10% from a Year Ago

MedMen Reports First Quarter Fiscal Year 2021 Financial Results First quarter revenue of $35.6 million, up 31% from the previous quarter Gross margin improved from 40% to 47% sequentially...
- December 7th, 2020 at 5:02 pm

GrowGeneration to Raise $125 Million Selling Stock

GrowGeneration Announces $125 Million Follow-On Public Offering DENVER, CO December 7, 2020 /PRNewswire/ – GrowGeneration Corp. (NASDAQ:GRWG), (“GrowGen” or the “Company”), today announced that it has publicly filed a...
- December 7th, 2020 at 4:35 pm

Ayr Strategies to Issue $75 Million 4-Year Notes at 12.5%

Ayr Strategies Announces $75 Million Senior Secured Debt Financing 4-Year, 12.5% Notes Contain No Equity Component TORONTO, Dec. 04, 2020 (GLOBE NEWSWIRE) — Ayr Strategies Inc. (CSE: AYR.A, OTCQX: AYRSF)...
- December 4th, 2020 at 8:53 am

Columbia Care Closes $69 Million California Acquisition

Columbia Care Completes Acquisition of Project Cannabis NEW YORK, December 02, 2020–(BUSINESS WIRE)–Columbia Care Inc. (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP) (“Columbia Care” or the “Company”) announced...
- December 2nd, 2020 at 4:12 pm

Hydrofarm IPO Price Range Set at $14-16

Hydrofarm Holdings Group Announces Launch of Initial Public Offering PETALUMA, Calif., Dec. 01, 2020 (GLOBE NEWSWIRE) — Hydrofarm Holdings Group, Inc. (“Hydrofarm”), a leading independent branded hydroponics company with...
- December 1st, 2020 at 4:57 pm

American Cannabis Operator Index Soars 40% in November

The American Cannabis Operator Index exploded higher in November, jumping 40.0% to 57.93: After ending 2019 at 43.27, the index has now advanced 32.5% in 2020 and has rebounded 255.4% from an...
- December 1st, 2020 at 8:40 am

4Front Q3 Revenue Increases 25% Sequentially to $12.4 Million

4Front Announces Third Quarter 2020 Results and Business Update Q3 Systemwide Pro Forma Revenue increased 18% quarter-over-quarter to $22.3 million, 170% year-over-year – Company became cash flow positive from...
- November 30th, 2020 at 4:30 pm