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Cannabis-Focused Poseidon Bets On New Jersey, Wraps Up Investments In These Two Dispensaries
Thursday, December 5, 2024 - 3:56pm | 463Poseidon Investment Management announced on Wednesday that it has completed two investments into two New Jersey dispensaries, BLKBRN and Dogwood Green. Both businesses are focused on serving patients and recreational cannabis consumers when they open in 2025. “With these two investments, we...
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Cannabis Industry's $130B Growth Potential: Top States For Investment As Financial Institutions Set To Earn Billions In Interest Revenue, New Report Reveals
Tuesday, October 15, 2024 - 10:09am | 548A new report released on Tuesday projects that the U.S. cannabis industry will need between $65.6 billion and $130.7 billion in sustainable growth capital to support new cannabis businesses and help refinance existing ones over the next decade. The report from Whitney Economics and backed by CTrust...
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Cheech & Chong's President On Cannabis Industry Shifts: 'Everyone Waits For The Change To Schedule III'
Friday, October 4, 2024 - 9:26am | 503As the cannabis industry continues to evolve, investors are increasingly focused on one thing: a company’s ability to generate cash flow. With regulatory changes, such as the anticipated rescheduling of cannabis, potentially on the horizon, businesses are preparing for both short-term...
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'Companies With Distinctive Brands Are Gaining Attention': What's Driving Cannabis Investment Today?
Tuesday, October 1, 2024 - 12:40pm | 411As the cannabis industry grows, investors refine their approach to evaluating companies, focusing on financial performance and other critical aspects of business operations. Mackenzie Peterson, vice president of marketing at AdvisorShares, shared her perspective on what today's cannabis investors...
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Cannabis REIT NewLake Invests $16M In Connecticut Marijuana Cultivation Facility, Expands Partnership With Michigan's C3 Industries
Wednesday, May 8, 2024 - 4:01pm | 546Cannabis REIT NewLake Capital Partners, Inc. (OTCQX:NLCP) announced on Wednesday that it is acquiring a 58,500 square-foot industrial property in East Hartford, Connecticut. The company also said that it has entered into a long-term triple net lease with an affiliate of Michigan-based C3...
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It All Started With Cannabis: How This Innovative Manufacturing Software Firm Is Solving 'Real' Problem For Its Customers
Tuesday, April 16, 2024 - 2:54pm | 617"The cannabis industry is very tight-knit and trust-based, so there is nothing more valuable than a solid customer referral." That's according to Amar Singh, CEO and co-founder of Elevated Signals, a provider of manufacturing software designed for the complex operations of fast-growing...
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$69B Tobacco Giant Supports Cannabis With $91M Investment In Toronto Weed Producer
Monday, November 6, 2023 - 9:35am | 942Canadian cannabis company Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI) announced on Monday a CA$124.6 million ($91.2 million) follow-on strategic equity investment from BT DE Investments Inc., a wholly-owned subsidiary of tobacco giant British American Tobacco p.l.c (BAT) (LSE: BATS) (NYSE:...
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A Big If....Are Multinational Cannabis Companies Interested In Investing in South America?
Thursday, November 3, 2022 - 10:32am | 2104The history of colonialism and natural resource pillage has left an indelible mark on the people of South America. In the 21st century, commodities for export like soy, cane and corn, have become a dominant driver of economic growth and at the same time, a means to fund social policy, pay...
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The Secret Sauce Behind Successful Cannabis Investing: Meet Emily Paxhia Of Poseidon Asset Management
Wednesday, July 20, 2022 - 10:18am | 768Emily Paxhia, co-founder and managing partner at Poseidon Investment Management will be sharing her insights on managing cannabis investment funds, access to capital and investing in cannabis during at the upcoming Benzinga Cannabis Capital Conference September 13-14 in Chicago. A...
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TLRY Earnings! Cannabis Daily January 10, 2022
Monday, January 10, 2022 - 5:37pm | 199The Best Daily Overview Of The Cannabis Space Tilray, the big news of the day, reported financial results for the second fiscal quarter, which ended November 30, 2021. The parent company is now renamed Tilray Brands. Kentucky Republican state representative introduced...
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TerrAscend Gets CA$31.5M Investment Via Early Warrant Exercise
Tuesday, August 27, 2019 - 10:28am | 274Terrascend Corp (CSE:TER)(OTC:TRSSF) said that JW Asset Management exercised early its warrants to acquire voting shares of the company. In total, JW Asset Management exercised warrants to acquire around 28.64 million shares of Terrascend for aggregate proceeds of CA$31.5 million ($23.78...