American Cannabis News

cbdMD Revenue Grows 6% Sequentially as Loss Widens

cbdMD Reports Record First Quarter Fiscal 2020 Net Sales of $10.14 Million CHARLOTTE, N.C., February 13, 2020–(BUSINESS WIRE)–cbdMD, Inc. (NYSE American: YCBD, YCBD PR A) (the “Company”), a leading...
- February 13th, 2020 at 5:31 pm

Texas Cannabis Market Restrictions Stunt Growth

When Texas lawmakers legalized the use of medical cannabis in 2015, it was among the most restrictive laws in the country. The program didn’t get off the ground until...
- February 13th, 2020 at 3:28 pm

KushCo Holdings Raises $16 million with Unit Sale at $1.60

KushCo Holdings, Inc. Prices $16 Million Registered Direct Offering CYPRESS, CA / ACCESSWIRE / February 6, 2020 / KushCo Holdings, Inc. (OTCQX:KSHB) (“KushCo” or the “Company”), today announced it...
- February 6th, 2020 at 9:09 am

Kentucky CBD Producer GenCanna Files for Bankruptcy

GenCanna Global Files for Chapter 11 to Implement Financial and Operational Restructuring Plans Secures $10 Million In DIP Financing From Existing Senior Lender and Will Evaluate all Strategic Options...
- February 6th, 2020 at 8:16 am

Curaleaf Names New CFO After Closing Select Acquisition

Curaleaf Completes Acquisition of Select Company Enters Accelerated Growth Phase with Expanded Leadership Team WAKEFIELD, Mass., Feb. 3, 2020 /PRNewswire/ — Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) (“Curaleaf”...
- February 3rd, 2020 at 8:19 am

American Cannabis Operator Index Drops 9% in January

The American Cannabis Operator Index fell again for the tenth consecutive month, declining 9.4% to 39.22, it’s lowest close since inception: During Q4, the index had fared better than the broader...
- February 2nd, 2020 at 5:14 pm

Oklahoma Cannabis Market Outpaces That of Most States

It’s been less than two years since Oklahoma legalized medical cannabis, but already the number of card-carrying medical cannabis patients has exceeded those in many states that have had...
- January 29th, 2020 at 2:27 pm

Colorado CBD Company Raises $40 Million

EcoGen Laboratories Announces Closing of $40 Million Financing GRAND JUNCTION, Colo., Jan. 28, 2020 /PRNewswire/ — EcoGen Laboratories (EcoGen), the leading vertically-integrated manufacturer and supplier of hemp-derived specialty ingredients,...
- January 28th, 2020 at 1:39 pm

A Look at the Expanding Connecticut Medical Cannabis Market

Connecticut Democratic lawmakers will make the legalization of adult-use cannabis a top priority this year after failing to pass legislation last year. Although medical marijuana was legalized eight years...
- January 26th, 2020 at 8:16 pm

Cannabis REIT Raises $217 Million with Equity Offering

Innovative Industrial Properties Prices Public Offering of 2,967,799 Shares of Common Stock SAN DIEGO, January 24, 2020–(BUSINESS WIRE)–Innovative Industrial Properties, Inc. (the “Company”) (NYSE: IIPR) announced today the pricing...
- January 24th, 2020 at 9:26 am