Three major cannabis seed companies announced plans Wednesday to merge operations and pursue a U.S. public listing, marking the first time a standalone genetics company could trade on a major exchange. Amsterdam-based Barney’s Farm Genetics and Sensi Seeds will combine with U.S.-based ILGM (I Love Growing Marijuana) while maintaining their …
Tag: Investing
PharmaCann to shutter LivWell cultivation facility in Michigan
This story was republished with permission from Crain’s Detroit. One of the country’s largest cannabis operators is abandoning its Michigan grow operations. Chicago-based PharmaCann told employees Monday it would shutter its 207,000-square-foot LivWell Michigan cultivation site in Warren, laying off at least 170. Todd Lince, president of… Please login to …
New York City cannabis czar pledges more help in finding real estate for dispensaries
The Big Apple’s marijuana czar, Dasheeda Dawson, put in an appearance at MJBizCon this week to help spread the word that New York City is now offering both low-interest loans to dispensary licensees and direct help with finding legal real estate to lease. While Dawson’s office, Cannabis NYC, debuted the …
Cannabis finance experts at MJBiz Con predict ongoing uncertainty under Trump administration
A swath of cannabis financial gurus who spoke at the MJBizCon Finance Forum in Las Vegas on Tuesday morning shared a wide array of tips, thoughts and insights that essentially boiled down to one major theme: Ongoing uncertainty for everyone in the cannabis trade, particularly with the newly-elected Donald Trump… …