A Florida administrative law judge has upheld a 2022 decision by regulators to reject a plan by multistate operator Green Thumb Industries (GTI) to open medical cannabis dispensaries near or adjacent to Circle K stores. According to the News Service of Florida, the judge’s Tuesday order also affirmed previous rulings by Office of Medical Marijuana […]
The board of directors for Agrify Corp. (Nasdaq: AGFY) approved a $20 million convertible secured note, of which $10 million will be drawn upon at closing, from a wholly-owned subsidiary of Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF). Before this financing, the Green Thumb subsidiary acquired an ownership stake in Agrify through the purchase […]
There is a tsunami of debt headed straight for the cannabis industry. When capital dried up a few years ago, many publicly traded cannabis companies turned to debt for needed funding. Now, roughly $1.83 billion of that debt is set to come due by 2026. Facing the wave There’s no way to know exactly how […]
