Direct Listings on Stock Market

Direct Listings on Stock Market The direct listing process for cannabis companies offers many advantages compared to the traditional initial public offering process. Direct listings provide a way for companies to go public without raising any new funding, which creates a more level playing field for investors. In addition, direct listings give existing shareholders the […]

The Biggest Day for Cannabis Sales

The Biggest Day for Cannabis Sales The Biggest Day for Cannabis Sales As 420 and April 20 approaches, Akerna has released a report examining the expected sales for the cannabis industry. According to their projections, nearly $130 million will be spent on legal cannabis on 420, making it the largest sales day in history. This […]

Increase In Cannabis Net Sales For Cresco Labs in 2021

Cresco Labs Inc. announced its financial results for the three and twelve months ended December 31, 2021. The company reported strong revenue growth with total cannabis net sales reaching $118.9 million for the year, up from $33.8 million in 2020. This represented a 281% increase in cannabis net sales. Adjusted EBITDA was negative $3.5 million […]

Dutchie Partners with Last Prisoner Project to Help Nonviolent Cannabis Offenders Re-enter Society

Dutchie Partners with Last Prisoner Project to Help Nonviolent Cannabis Offenders Re-enter Society In a new partnership with the Last Prisoner Project, Dutchie will help nonviolent cannabis offenders re-enter society. The wide-reaching partnership includes coordination and support across several of Last Prisoner Project’s efforts, including expungement of criminal records, re-entry support This is a huge […]

Jay-Z was part of the largest cannabis SPAC. What’s a SPAC?

SPAC

We had Michael Auerbach, founder of Subversive Capital and proxy The Parent Company, Jay-Z’s latest business venture on the show. Buzzwords like SPACs, blockchain, and equity are thrown around like dollars in a strip club but, what are SPACs (Special Purpose Acquisition Company), and how do they represent societal inequity? In our conversation, I learned […]