Cannabis Funding

Marijuana Growing Solution Provider Agrify Gets $20M Boost From Green Thumb To Power Up Cannabis Tech And New Leadership

Cannabis-Focused Commercial Mortgage REIT Exceeds $100M In New Originations With $41M Credit Facility For Maryland Marijuana Operator

IM Cannabis' $1.6M Non-Brokered Private Placement Offering, Here's What Investors Need To Know

Cannabis-Focused Commercial Mortgage REIT Exceeds $100M In New Originations With $41M Credit Facility For Maryland Marijuana Operator

IM Cannabis' $1.6M Non-Brokered Private Placement Offering, Here's What Investors Need To Know

Making Money In Weed: Three Cannabis Operators Get Millions To Expand In Florida, Missouri & Georgia

Canadian Cannabis Retail Giant High Tide Announces Closing Of $10.8M In Subordinated Debt Facility

Making Money In Weed: Three Cannabis Operators Get Millions To Expand In Florida, Missouri & Georgia

Canadian Cannabis Retail Giant High Tide Announces Closing Of $10.8M In Subordinated Debt Facility

TerrAscend Cannabis Wraps Up $140M Debt Financing, 'No Other Material Debt Maturing' Until 2027, Says Exec Chairman

Ascend Wellness Cannabis Co. Closes $235M Private Placement Of Senior Secured Notes, Refinances Existing Term Loan

Cannabis Funding Recent News

Video: The Secret To Getting Money For Your Cannabis Business — With Elliot Lane

Elliot Lane shares crucial cannabis financing strategies on Beard Bros. Media's LinkedIn Live series, offering insights for industry veterans and newcomers alike.

Cannabis Tech Co. Lucid Secures $1.4M In New Capital To Ramp Up Operations

Cannabis tech company Lucid Green has secured $1.4 million in financing. The company plans to utilize the new capital raise to support growth and expansion into new markets."Securing $1.4 million marks a key moment in our journey," Larry Levy, CEO of Lucid Green, said. "Year to date, we're experiencing exceptional growth, averaging 10-15% growth month over month. This funding drives us towards profitability and ubiquity in the markets we operate in."The move follows the company's $10 million Series B funding round in 2022 led by Gron Ventures, with participation by Gotham Green Partners. That money fueled Lucid Green's growth as it ramped up its client list to 400 cannabis brands nationwide and found its inventory tracking platform for more than 80 million products useful.

Canopy Growth Announces $250M At-The-Market Equity Program

Canopy Growth Corporation (NASDAQ: CGC) announced on Thursday that it has established an at-the-market equity program under which it can issue and sell up to $250 million worth of its common shares from treasury from time to time in concurrent public offerings in the United States and Canada.The Canadian cannabis giant said that any of its common shares sold in the ATM program will be sold in transactions made directly on the Nasdaq or the TSX or on any other available U.S. or Canadian trading market. Canopy will set the volume and timing of sales under the program, with the common shares being distributed at market prices prevailing at the time of each sale or certain other prices.

Acreage Announces $10M Private Placement Of Units Ahead Of Acquisition By Canopy

Acreage Holdings, Inc. (CSE: ACRG.A.U, ACRG.B.U) (OTCQX: ACRHF, ACRDF) announced on Wednesday it's seeking to secure $10 million in finding.The New York-based company said in a press release that it has entered into subscription agreements with certain institutional investors to issue units by way of a brokered private placement for $833.33 per unit.

Cannabis Co. C21 Investments Secures Funding For $3.5M Acquisition Of Nevada's Deep Roots Harvest

C21 Investments announced on Monday the closing of its non-brokered private placement offering of its convertible debenture units.Under the deal, the company issued a total of 4,000 convertible debenture units at CA$1,000 ($731.375) per convertible debenture unit for aggregate gross proceeds of CA$4 million.Each convertible debenture unit offered under the private placement is comprised of one convertible debenture of the company in the principal amount of CA$1,000 convertible into the company's common shares and 1,000 detachable common share purchase warrants, with each warrant exercisable into one common share at CA$0.55 per share for 30 months from the issue date of the convertible debenture units.

Medical Cannabis Pioneer cbdMD Secures $1.2M To Fund Rollout Of Functional Mushroom Products

Medical cannabis producer cbdMD has secured $1.25m in financing from five institutional investors to support the national rollout of its new ATRx Labs functional mushroom products. North Carolina-based cbdMD will use the proceeds for working capital as well. The news comes after the company launched two new products--Apple Cider Vinegar (ACV) and Immunity Gummy Pouches-through grocery chain Sprouts Farmers Market. Sprouts chose cbdMD to be a leading brand in its CBD section. The institutional investors will receive a senior secured original issue discount convertible promissory note, which matures 18 months from the date of issue. At that point, the notes can be converted into shares at a rate of $0.684 per share.

How A Precision-Obsessed Luxury Cannabis Edibles Brand Secured $11M In Funding: CEO Tells All

Even amid a capital crunch across the cannabis industry, some companies still manage to gauge the interest of investors. To do that, they tend to bring an original concept to the table.

CBD-Focused Avicanna Announces Funding Boost For Research And Development

Cannabinoid-based biopharmaceutical company Avicanna Inc.

Cannabis Opportunity: Xebra Brands Announces $1M Non-Brokered Private Placement Deal

Cannabis company Xebra Brands Ltd. (CSE: XBRA) (OTCQB: XBRAF) (FSE: 9YC0) announced on Monday that it plans to complete a non-brokered private placement in the aggregate amount of up to CA$1 million ($733,898) according to a binding commitment from a strategic investor.

CBD-Focused Pharma Co. Seeks Funding To Revolutionize Healthcare

Innocan Pharma Corporation (CSE: INNO) (FSE: IP4) (OTCQB: INNPF) has entered into an agreement with Research Capital Corporation as the sole agent and sole book-runner on a "best efforts" agency basis in connection with a marketed private placement offering of units of the company

Vertical Companies Closes $58M Series A Financing Round

CannaRegs Closes Seed Round To Expand Nationally And Beyond Cannabis