Cannabis Products & Services News

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

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

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

Ancillary Cannabis Stocks Dip 2.5% in May

Following up on our recent discussion of how cannabis investors have embraced publicly traded ancillary companies, New Cannabis Ventures launched its seventh proprietary index, the Ancillary Cannabis Index at the end of March....
- May 30th, 2021 at 4:26 pm

What’s New With Cannabis Stocks for the Week Ending 05/21/21

Navigate the fast-moving cannabis sector with 420 Investor, a premium service that sends real-time alerts and explanations of the news below and much more. Summary  Mississippi’s medical cannabis referendum win was...
- May 21st, 2021 at 5:04 pm

Cannabis REIT Raises $300 Million Selling 5-Year Notes at 5.50%

Innovative Industrial Properties Prices Private Offering of 5.50% Senior Notes Due 2026 SAN DIEGO, May 19, 2021–(BUSINESS WIRE)–Innovative Industrial Properties, Inc. (the “Company”) (NYSE: IIPR) announced today that its...
- May 19th, 2021 at 4:20 pm

Greenlane Generates $34 Million Revenue in Q1

Greenlane Accelerates Acquisition Strategy and Achieves Second Consecutive Quarter of Record Greenlane Brands Revenue in Q1 2021 A strong start to 2021 with the pending transformational merger with KushCo...
- May 18th, 2021 at 7:39 am

Cannabis REIT Launches $200 Million 5-Year Debt Offering

Innovative Industrial Properties Announces Launch of $200 Million Offering of Senior Notes Due 2026 SAN DIEGO, May 17, 2021–(BUSINESS WIRE)–Innovative Industrial Properties, Inc. (the “Company”) (NYSE: IIPR) announced today...
- May 17th, 2021 at 9:06 am