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The Cannabis Job Update for Q1 of 2021 – Booming Salaries and Executives in Demand

This is all reflected well in the cannabis industry job market, as demand for talent rises and salaries too are increasing. Based on a report by CannabizTeam, entitled the 2021 Cannabis Industry Salary Guide – Second Quarter Update, there’s a lot to look forward to for individuals in cannabis, as well as those who want …

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Oklahoma cannabis firm closes $44M funding round, expands into Missouri

Oklahoma-based Stability Cannabis said Thursday it completed a $44 million Series A funding round and acquired a minority ownership stake in a vertically integrated Missouri medical marijuana business. Stability Cannabis said in a news release that its production capacity now includes 60 acres of greenhouse and outdoor cultivation canopy as well as 95,000 square feet …

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Martha Stewart joins marijuana firm Canopy Growth as strategic adviser

Canadian marijuana producer Canopy Growth Corp. said Thursday that it is appointing Martha Stewart as strategic adviser, a move designed to deepen the Ontario-based company’s business ties with the consumer packaged goods authority and CBD brand leader. Martha Stewart joins marijuana firm Canopy Growth as strategic adviser is a post from: Marijuana Business Daily: Financial, …

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Cannabis REIT upsizes senior note offering to raise $300 million

Cannabis industry real estate investment trust Innovative Industrial Properties (IIP) said it upsized a previously announced private debt offering to raise $300 million. The senior notes from IIP’s operating partnership carry an interest rate of 5.50% and mature on May 25, 2026. Interest is payable twice a year, on May 15 and Nov. 15. The …

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Montana lawmakers water down adult-use marijuana law, but industry says result ‘workable’

Although no one in the Montana marijuana industry is joyous over a watered-down implementation bill that became law Wednesday, most businesses are thankful they can now proceed with adult-use plans instead of having to fight lawmakers over whether the state should even have a recreational market. Some of the biggest changes include a three-month delay …

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