Ascend Wellness Holdings Closes $235M Private Placement of Senior Secured Notes
NEW YORK - Ascend Wellness Holdings, Inc., a multi-state, vertically integrated cannabis operator, closed a previously announced private placement of $235 million of 12.75% Senior Secured Notes due 2029.
The Notes were issued at a price of...
Jones Soda Upsizes Private Placement from $4M to $5M
SEATTLE -- Jones Soda Co. increased the size of its private placement, as described in the Company's news release dated July 11, 2024.
The Company now intends to issue up to a maximum of 12,500,000 units...
Simply Solventless Closes Oversubscribed $3.85-Million Private Placement
CALGARY, AB - Simply Solventless Concentrates Ltd. closed its previously announced oversubscribed non-brokered private placement of units for gross proceeds of $3.85 million.
Jeff Swainson, President & CEO of SSC, stated: "We would like to thank the Financing participants...
SNDL Expects $20M Cost Savings from Corporate Restructuring
CALGARY, AB - SNDL Inc. announced a restructuring project aimed at reducing corporate overheads and improving the efficiency of its organizational structure to position the Company for future growth. The project is expected to deliver over $20...
Dispensary Success Always Starts with People
With the United States ready to reclassify marijuana from Schedule I to Schedule III, experts speculate more states will embrace legalization—a budding potential for new markets. As the industry grows, retail establishments’ success hinges...
Uncle Sam Is Getting $174 a Gram for Hemp
GAITHERSBURG, Md. – A federal standards-setting agency is reselling commercially purchased ground hemp at astronomical prices in what the agency characterizes as an effort to increase precision and consistency across the legal cannabis industry....
Snoop Dogg to Unveil 2Pac Cannabis Collection
LOS ANGELES – When Snoop Dogg took over Death Row Records (DRR) in 2022 and launched Death Row Records Cannabis in January 2023, he vowed to restore the label to its former glory, championing...
AWH Signs Definitive Agreements to Issue $235 Million in Senior Secured Notes
NEW YORK - Ascend Wellness Holdings, Inc., a multi-state, vertically integrated cannabis operator, has received commitments for a private placement of $235 million of its 12.75% Senior Secured Notes due 2029. The Notes are expected to...
Managing Receivables in 2024
In the early days of California’s medical market, dispensaries set the rules, payment terms, and timetables, and growers and other vendors could either fall in line or take a hike. One of the most...
Constitutionally Challenged Corporate Transparency Act Hasn’t Gone Away
A reporting deadline is drawing closer for many of the cannabis industry’s most enduring companies, and this one has nothing to do with the product or finances.
All privately held businesses, domestic and foreign, that...
