Cannabis real estate

Chicago Atlantic REFI (NASDAQ:REFI) stands out in the cannabis finance sector, receiving an “Overweight” rating from senior analyst Pablo Zuanic at Zuanic & Associates. With a near 14% dividend yield, REFI offers an attractive, less volatile way to gain exposure to the cannabis...

Body and Mind Inc. (CSE:BAMM), (OTC:BMMJ), a multi-state cannabis company, announced a new credit facility with Bengal Catalyst Fund, LP, securing up to $2.3 million to support its U.S. expansion efforts. The financing aims to help Body and Mind build out key dispensary projects in Illinois and New...

Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI), a leading commercial mortgage real estate investment trust (REIT), has announced the closure of a $50 million unsecured term loan with two institutional private lending platforms. This funding aims to support the company's future investments...

In a dramatic turn, Aurora Cannabis (NASDAQ:ACB) announced its breakup with Uruguay, closing operations by the end of September 2024. Acquired for $263 million in 2018, Aurora’s exit underscores a harsh reality: the market failed to meet its criteria for future growth, dashing hopes of...

Securing prime real estate for cannabis operations is a nuanced endeavor, requiring expertise and a keen understanding of local regulations. Meilad Rafiei, CEO of WeCann, a cannabis entitlements, licensing and property brokerage firm, shares insights into this intricate process. Priorities In...

Chicago Atlantic Real Estate Finance (NASDAQ: REFI) stands out in the cannabis capital providers and mortgage REIT (mREIT) sectors due to its premium valuation, impressive dividend yield, and robust growth track record. Pablo Zuanic, a senior equity analyst, noted in a recent report, "Of the...

Cannabis REIT NewLake Capital Partners Inc. (OCTQX: NLCP) announced its financial results Thursday for the first quarter of the year ended March 31, 2024. With a primary focus on providing real estate capital to state-licensed cannabis operators, the company’s performance underscores its...

Darius Bruner, CEO of 8blockchainfund, manages a turnkey special purpose vehicle (SPV) fund that uses AI technology to streamline business capital formation. In a detailed discussion, Bruner describes his journey from managing a $500 million cannabis fund to developing innovative web-based avatars...

Chicago Atlantic Real Estate Finance (NASDAQ:REFI), a cannabis-focused commercial real estate finance company, announced on Tuesday its financial results for the first quarter ended March 31, 2024. Q1 2024 Financial Highlights Net interest income stands at about $13.2 million, marking a sequential...

Rainbow Realty Group IV LLC, a real estate financier for US cannabis companies, in collaboration with Rainbow Realty Group II LLC, GEMA CP Fund I LLC and MJ Real Estate Investment Trust, has finalized an $8.5 million acquisition loan, solidifying its commitment to enhancing cannabis cultivation in...

Florida's cannabis industry is facing a potential transformation with the advancement of House Bill 1053. The bill proposes stringent zoning regulations that could significantly reshape the industry landscape by increasing the minimum distance for cannabis-related establishments from the...

Zuanic & Associates' latest report, which initiates coverage of New Lake Capital Partners (OTC: NLCP) with an Overweight rating explains their motivation. "As of the third quarter of 2023, its net real estate assets were valued at $375 million, a significant increase from $124...

Heritage Cannabis Holdings Corp. (CSE: CANN) (OTCQX: HERTF) has entered into binding agreements to sell its real estate properties in Ontario and British Columbia to BJK Developments Ltd. for a net purchase price of $9,714,475 and lease the Ontario and BC Property back from the purchaser. The...

Planet 13 Holdings Inc. (OTC: PLNHF) (OTC: PLTH) is aiming to acquire VidaCann, which operates 26 dispensaries and holds the ninth-largest retail network in Florida. While recreational legalization is the anticipated catalyst for further market growth, Florida's medical marijuana market is...

The Coalition for Responsible Cannabis, a nonprofit in Santa Barbara County, has filed a lawsuit against several cannabis cultivators, including Ceres Farms, Valley Crest Farms and the Van Wingerden Family Trust. The lawsuit alleges that these growers are causing a significant public nuisance...