American Cannabis News

Cannabis REIT Triples Revenue in Q1 to $21.1 Million

Innovative Industrial Properties Reports First Quarter 2020 Results Acquisitions Drive 210% Q1 Total Revenues, 249% Q1 Net Income and 236% Q1 AFFO Growth Year-over-Year SAN DIEGO, May 06, 2020–(BUSINESS...
- May 6th, 2020 at 4:57 pm

Cannabis Stocks Gain 8.6% in April

Cannabis stocks snapped a three-month losing streak, with the Global Cannabis Stock Index rallying 8.6% to 25.60: The index, which had 35 qualifying members during the month following the quarterly rebalancing...
- May 1st, 2020 at 10:25 am

American Cannabis Operator Stocks Bounce in April

After twelve consecutive monthly declines, the American Cannabis Operator Index extended its rally of off its all-time low set in March, increasing  6.3% to 22.42: The index, which launched at the...
- April 30th, 2020 at 4:51 pm

Cresco Labs and Tryke Mutually Terminate Merger Plans

Cresco Labs Announces Mutual Agreement to Terminate Purchase Agreement With Tryke – Frees-Up $55 Million in Capital to Further Invest in Organic Growth Pipeline CHICAGO, April 27, 2020–(BUSINESS WIRE)–Cresco...
- April 27th, 2020 at 4:43 pm