Cannabis Investor News

MedMen to Raise $100 Million Selling Units at $0.24

MedMen Announces Backstopped US$100M Equity Investment Led by Serruya Private Equity to Fund Expansion and Transform Balance Sheet LOS ANGELES, August 17, 2021–(BUSINESS WIRE)–MedMen Enterprises Inc. (“MedMen” or the...
- August 17th, 2021 at 4:42 pm

Canadian Cannabis Biotech Company Trait Raises C$31 Million

Trait Biosciences Receives Strategic Investment From Btomorrow Ventures As Lead Investor In A C$31 Million Series A Financing VANCOUVER, BC, June 16, 2021 /PRNewswire/ — Trait Biosciences Inc. (“Trait”)...
- June 16th, 2021 at 10:06 am

Verano Holdings Borrows $100 Million at 9.75%

Verano Upsizes Existing Credit Agreement by US$100 Million with a 9.75% Annual Interest Rate on a Non-Dilutive Basis Reduces borrowing costs with one of the industry’s leading annual interest...
- May 11th, 2021 at 8:21 am

West Coast Grower Connected Cannabis Raises $30 Million

Connected Cannabis Co. Announces $30 Million Capital Raise Funding will fuel Connected’s national expansion into promising markets beyond California and Arizona for cannabis production at scale SACRAMENTO, Calif., April...
- April 14th, 2021 at 9:28 am