Agrify Corp. (Nasdaq: AGFY) announced Monday it has closed its acquisition of hemp-derived THC drink maker Señorita in an all-stock transaction valued at approximately $4.9 million. The deal involves acquiring certain U.S. and Canadian hemp assets from Double or Nothing LLC, with Agrify issuing 530,000 shares for the transaction, according …
Massachusetts-based cannabis retailer and cultivator Revolutionary Clinics and its affiliated companies Revolutionary Growers and C D Services of America owe $9.6 million to various lenders and landlords. Last week, the main lender, OPCIV LLC, asked a judge to place the company in receivership. The lender said in its complaint that C… …
A special per-ounce cannabis fee levied on licensed marijuana growers in New Jersey was more than doubled this week, to $2.50 from $1.24, to help pay for a special fund dedicated to boosting cannabis social equity entrepreneurs. The fee hike, which goes into effect on Jan. 1, was approved this …
A New York state judge on Thursday blocked cannabis regulators from reviewing retail license applications submitted by prospective social-equity marijuana sellers who hadn’t secured store locations before November 2023, dealing another setback to the state’s rocky rollout of its adult-use market. New York Supreme Court Justice Sharon A. Graff granted …