CNBC’s Tim Seymour takes ‘glass half full’ view of second quarter ...
WEBAug 14, 2024 · As another cannabis earnings season winds down, Green Market Report‘s Executive Editor Debra Borchardt spoke with CNBC market strategist Tim Seymour, who is also the founder, chief investment officer of Seymour Asset Management and is portfolio manager of the actively managed Amplify Seymour Cannabis ETF (), about the overall tone of the company reports and what the results could signal ...
Green Market Report
WEBSep 9, 2024 · The Green Market Report focuses on the financial news of the rapidly growing cannabis industry. Our target approach filters out the daily noise and does a deep dive into the financial, business and economic side of the cannabis industry.
Verano Buys AltMed To Create Largest Private Cannabis Company
WEBNov 12, 2020 · Verano Holdings, LLC is buying and merging with Alternative Medical Enterprises, LLC, Plants of Ruskin, LLC, called AltMed to create the largest privately-owned cannabis company. The value of the transaction was not disclosed. Verano is a multi-state operator located in 12 states, with 17 active retail locations and approximately 440,000 square feet across its cultivation […]
Despite governor’s report, most Illinois social equity businesses …
WEBAug 22, 2024 · The breakdown of operational social equity businesses includes: There’s a total of 221 marijuana dispensaries open in Illinois as of July 26, including 55 medical and the 111 social equity shops, the IDFPR reported. There are 21 operational cultivation centers and six licensed testing labs, according to the Department of Agriculture.
Michigan's Canapa Valley Farms Closes on $17 Million Deal With …
WEBSep 13, 2024 · The award-winning breeder joined forces with Canapa Valley Farms for its hands-on approach to quality craft cannabis. Pelorus closed the loan on Oct. 27 and issued a $17,330,000 five-year term loan with a floating interest rate of one month secured overnight financing rate plus 12.5%, with a 2.5% SOFR floor. …
Sunburn Cannabis rises to the top of Florida's medical sales …
WEBJul 19, 2024 · A rising star. Founder and CEO Brady Cobb previously sold Florida-based Bluma Wellness to Cresco Labs for $213 million, but he didn’t stay out of the market for long. In 2022, he purchased 11 distressed dispensaries and a large grow facility from MedMen for $63 million. On top of the stellar per-store …
Report: Investors losing confidence in cannabis for variety of reasons
WEB5 days ago · It’s no secret that finding investor capital in the cannabis business has been a tough game for upwards of two-plus years now, and a new report has found that investor confidence has continued to wane through 2024.. A survey released last week by ATB Capital Markets found a “softening sentiment” among investors in both the United States and Canada with regard to the legal marijuana trade ...
US cannabis sales jump in July for most states - Green Market Report
WEBAug 20, 2024 · On a positive note, New York is on track to surpass New Mexico for sales this year, which reported total sales of $50 million for July, of which $38 million was adult-use cannabis. Colorado was the sole state to see its July adult-use sales slip below June. According to Headset, the state is estimated to have $99 million in sales for July.
Cannabis Benchmarks Wholesale Market Price Assessments
WEB1 day ago · Cannabis Benchmarks, a division of New Leaf Data Services, is a leading provider of financial, business and industry data for the north american cannabis markets, offering comprehensive and unique benchmark services for public and private organizations, and financial institutions. Visit Cannabis Benchmarks on the web.
Credit markets for marijuana companies ‘come back to life’
WEBAug 21, 2024 · The analysts at Viridian Capital Advisors celebrated what they saw as a positive trend of debt refinancing deals over the past month, and wrote in their Chart of the Week that “cannabis credit markets have come back to life.”. Viridian cited the July closing by Ascend Wellness Holdings Inc. that utilized $235 million in private placement ...