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by ExtrovertingSep 12, 20248:00 AMSeptember 12, 2024

North Carolina: Cherokee Tribe Expands Retail Marijuana Sales to Those Ages 21 and Older

An estimated 4,000 customers were on hand opening day to purchase cannabis products. The post North Carolina: Cherokee Tribe Expands Retail Marijuana Sales to Those Ages 21 and Older appeared first on NORML.

by ExtrovertingSep 12, 20247:23 AMSeptember 12, 2024

Planet 13 to acquire Las Vegas dispensary, expanding Nevada footprint

Planet 13 Holdings Inc. (CSE: PLTH) (OTCQX: PLNH) announced plans to acquire a Las Vegas dispensary for $6.9 million plus inventory value, extending its reach in the Silver State. Planet 13’s subsidiary, MM Development Company, Inc., entered the asset purchase agreement with Exhale Brands Nevada LLC for a 3,100-square-foot dispensary …

by ExtrovertingSep 12, 20246:36 AMSeptember 13, 2024

Boies legal team takes next step in commerce case

A federal lawsuit brought by several marijuana companies hoping to overturn cannabis prohibition through the courts is back in play. Green Market Report reported that the original lawsuit was filed in October last year by Chicago-based multistate operator Verano Holdings Corp. (OTC: VRNOF), along with Massachusetts-based Canna Provisions, Wiseacre Farm, …

by ExtrovertingSep 12, 20246:09 AMSeptember 14, 2024

Green Thumb nabs ‘first-of-its-kind’ $150 million credit facility

Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF) said it has closed on a $150 million syndicated credit facility, according to a news release Thursday. The five-year facility, led by Valley National Bank, carries an interest rate of Secured Overnight Financing Rate (SOFR) plus 5%. In other words, the interest rate …

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