New York marijuana regulators on Tuesday further expanded the state’s licensed market by adding 123 permits. They also moved forward with several notable tweaks to business rules, such as a new potential zoning variance that could allow dispensaries to open more closely together in densely-packed metro areas like New York …
Tag: Midwest
Incannex Healthcare lands $60 million financing deal
Incannex Healthcare Inc. (Nasdaq: IXHL) announced Tuesday it has secured a financing agreement with Arena Investors, LP for up to $60 million, in a bid to advance the company’s clinical-stage drug candidates. The deal includes up to $10 million in secured convertible notes and a $50 million equity line of …
Number of the Week: $16.23
$16.23 – Average price of a package of edibles in California Flower may still be the dominant category for cannabis consumption, but edibles are coming on strong. A key factor may be affordability coupled with accessibility. For example, in California, the average price of a package of edibles is $16.23, …
Here are the top three REITs in cannabis
Real estate remains one of the biggest challenges for cannabis operators. Locations in legal markets are often highly restricted, and many landlords don’t wish to rent to marijuana businesses. But finding the right location is possible – and real estate investment trusts (REITs) have stepped in to help overcome that …