Cannabis Products & Services News

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

Hydrofarm Q1 Revenue Increases 67% to $111 Million

Hydrofarm Holdings Group Announces First Quarter 2021 Results Company Updates Full Year 2021 Outlook FAIRLESS HILLS, Pa., May 13, 2021 (GLOBE NEWSWIRE) — Hydrofarm Holdings Group, Inc. (“Hydrofarm” or...
- May 13th, 2021 at 4:35 pm

GrowGeneration Q1 Revenue Increases 173% to $90 Million

GrowGeneration Reports Record First Quarter 2021 Financial Results and Raises Full-Year 2021 Guidance Record Revenue increased 173% to $90 million; 2021 Revenue Guidance Raised to $450-$470 million and Adjusted...
- May 12th, 2021 at 4:26 pm

urban-gro Q1 Revenue Increases 182% to $12 Million

urban-gro, Inc. Reports Record First Quarter 2021 Financial Results Record revenues in Q1 2021 of $12.0 million compared to revenues of $4.2 million during the three months ended March...
- May 11th, 2021 at 4:31 pm