Cannabis Financing

Cannabis Co. C21 Investments Secures Funding For $3.5M Acquisition Of Nevada's Deep Roots Harvest
Credit Check: What Does DEA Rescheduling Mean For Cannabis Credit Ratings? Big Companies' Risk-Return Profiles
Canopy Growth Announces Financing Deal Including Roughly $50M Of New Gross Proceeds
Credit Check: What Does DEA Rescheduling Mean For Cannabis Credit Ratings? Big Companies' Risk-Return Profiles
Canopy Growth Announces Financing Deal Including Roughly $50M Of New Gross Proceeds
Cannabis REIT Chicago Atlantic Closes $20M Facility With Massachusetts Weed Co. That Plans To Expand In These Key Markets
How To Secure Dividends And Returns In Marijuana Real Estate: Analysis Reveals Stock With Potential

Cannabis Financing Recent News

Las Vegas Cannabis Powerhouse Planet 13's $11.3M Infusion To Fuel Florida Expansion And More
Planet 13 announced the pricing of its underwritten public offering, aiming to raise around $11.3 million through the sale of 18.75 million units at $0.60 per unit. Each unit includes a share of common stock and a warrant, with additional options for the underwriters to purchase more shares and warrants. The company plans to utilize the funds for general corporate purposes and expansion in states like Nevada, Florida, and Illinois. In a move towards expansion, Planet 13 had previously acquired VidaCann, aiming to strengthen its presence in Florida's competitive cannabis market. Looking ahead to 2024, the company is focused on preparing for potential adult-use legalization in Florida and increasing operating efficiency for growth and profitability. Planet 13 reported positive fourth-quarter results, with improved adjusted EBITDA and a reduced net loss compared to the previous year.
Latin American Cannabis Co. Blueberries Medical Wraps Up 2023 With Multi-Million Dollar Private Placement Deal
Blueberries Medical, a Latin American licensed producer of medicinal cannabis and cannabis-derived products, has announced a non-brokered private placement, to raise approximately CA$1.9m ($1.4m). The company announced the sale of 180,716,00 common shares at CA$0.011 per share. The net proceeds from the sale will be used to repay existing debt and for general corporate and working capital purposes. The offering was led by Terraflos, a Latin American company founded and controlled by Facundo Garreton, who serves as Blueberries' chairman, CEO, and director. Terraflos is exploring opportunities in Argentina, Mexico, and Brazil and plans to expand into those markets in the near future.
Vancouver Cannabis Co's $2.3M In Private Placement Deal Paves Way For More International Expansion
Christina Lake Cannabis Corp. (CSE: CLC) (OTCQB: CLCFF) (FRANKFURT: CLB) has closed the first tranche of a non-brokered private placement of secured convertible promissory notes in the principal amount of CA$3.19 million ($2.35 million).
Insider Tips: Engaging And Retaining Your Cannabis Workforce Amid Financial Hardships
Restricted industry capital calls for new considerations on fundamental topics such as innovative frameworks for the relationship between employers and employees.
Cannabis Commerical Lender Bespoke Financial Raises $8M From Snoop Dogg's Casa Verde Capital, Sweat Equity Ventures, Others
Cannabis-focused commercial lender, Bespoke Financial, confirmed Monday it has completed an $8 million Series A funding round, co-led by Snoop Dogg’s Casa Verde Capital and Sweat Equity Ventures.