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iAnthus Extends New Jersey Bridge Note Financing
Friday, February 3, 2023 - 8:37am | 377iAnthus Capital Holdings, Inc. (OTCPK:ITHUF) (CSE: IAN) , which owns, operates and partners with regulated cannabis operations across the United States, announced that the company along with its wholly-owned subsidiary, iAnthus New Jersey, LLC, has entered into an amendment to the senior secured...
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CBD Company Trait Biosciences Completes CA$31M Series A Round Led By Btomorrow Ventures
Wednesday, June 16, 2021 - 12:54pm | 390CBD company Trait Biosciences Inc. reported Wednesday it has raised CA$31 million ($25.46 million) through a Series A financing round led by the corporate venturing unit of British American Tobacco, Btomorrow Ventures, and backed by Gotham Green Partners. Other investors...
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MedMen Cancels Sale Of 98M Shares On Heels Of Two Cash Positive Quarters
Monday, April 26, 2021 - 3:22pm | 409MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF) announced Monday that warrants to acquire 97,785,140 Class B Subordinate Voting Shares of the company are canceled. The move comes following the two consecutive quarters of positive retail cash flow, the Los Angeles-based company said. Jason...
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MedMen Temporarily Closes 5 Florida Dispensaries
Wednesday, May 6, 2020 - 4:17pm | 435On Sunday, MedMen Enterprises Inc. (OTC: MMNFF) (CSE: MMEN) temporarily shuttered five of its eight Florida dispensaries, according to the company’s website. The company has been experiencing financial setbacks lately, operating in states where prices for legal cannabis are...
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4Front Sells Assets For $18M To Pay Down Debt, Exits Maryland And Pennsylvania
Friday, May 1, 2020 - 11:35am | 380In a bid to reach cash flow positivity in the second half of 2020, 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) agreed to sell its non-core retail licenses in Maryland and Pennsylvania. The sale is expected to net Vancouver, Canada-based 4Front $18 million in cash. Pending regulatory...
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NBA Vet Turned Cannabis Exec Al Harrington Talks $16M Funding Round, Social Equity
Friday, November 1, 2019 - 12:08pm | 573Al Harrington, a 16-year NBA veteran, was inspired to enter the cannabis space in 2011 due in part to the plant's ability to help ease his grandmother Viola's glaucoma symptoms. After seeing her cry tears of joy as she read her Bible for the first time in over three years,...
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Gotham Green Partners Leads $16M Investment Round In Viola
Monday, October 7, 2019 - 11:40am | 351Cannabis company Viola said Monday that it closed a $16-million funding round led by Gotham Green Partners. This is the first time the cannabis investment firm has supported Viola, the company said. The investment round will help support the purchase of a 34,500-square-foot cultivation,...
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Gotham Green Partners Invests $20 Million In iAnthus As Part Of Larger Financing Plan
Monday, September 30, 2019 - 1:52pm | 350iAnthus Capital Holdings, Inc. (CSE: IAN) (OTC: ITHUF), announced Monday that it has received an additional investment in the amount of $20 million from Gotham Green Partners. The firm is buying senior secured convertible notes from iAnthus, the cannabis company said. It's part of the...
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The Top VC Investors In Cannabis
Monday, July 29, 2019 - 2:03pm | 536PitchBook, a financial database and information platform on private equity, has released its list of the top venture capital firms investing in cannabis in 2019. Last year set a $1.2-billion record for venture capital investments in cannabis. That amount has already been surpassed by $500...
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MedMen Enterprises Gets $30M Support From Gotham Green Partners
Wednesday, July 10, 2019 - 8:24am | 294Cannabis retailer MedMen Enterprises (OTCQX: MMNFF)(CSE:MMEN) announced Wednesday it gained an additional equity commitment from Gotham Green Partners in the amount of $30 million. The additional equity commitment was created with Wicklow Capital’s assistance, making Gotham Green Partners...
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MedMen Receives $250M Investment From Gotham Green Partners
Friday, March 22, 2019 - 3:28pm | 454Medmen Enterprises Inc (OTC: MMNFF) remains an attractive company to institutional investors. On Friday, the company signed an agreement for a convertible credit facility of up to $250 million from Gotham Green Partners. What Happened MedMen's subsidiary, MM CAN USA, Inc. will issue convertible...
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Pot Stocks, ETFs, Top News And Data From The Cannabis Industry This Week
Friday, July 6, 2018 - 5:37pm | 2797A shortened week brought less cannabis news than usual, providing the people in the industry with a chance to exhale and look back at the convoluted weeks leading up to the Fourth of July holiday. We did witness some relevant action. Zynerba Pharmaceuticals Inc (NASDAQ: ZYNE) reported...
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Pot Stocks, ETFs, Top News And Data From The Cannabis Industry This Week
Friday, May 18, 2018 - 5:14pm | 3458This was a very active week in the cannabis capital markets, with Cronos Group reporting earnings, Canopy Growth applying to trade on the NYSE, Aurora Cannabis acquiring MedReleaf in the largest cannabis deal in history and GTI announcing intentions to go public in Canada. The news drove the United...