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Columbia Care Announces Closing of US$74.5 Million Private Placement Offering of 6.00% Secured Convertible Notes Due 2025

Cannabis Law Report

(NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP) (“Columbia Care” or the “Company”) is pleased to announce that it has closed its previously announced private placement (the “Offering”) issuing US$74,500,000 aggregate principal amount of 6.00% secured convertible notes due 2025 (the “Notes”).

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From Farms to Festivals: New York’s Innovative Approach to Cannabis Sales and Showcases

Veriheal

This decision by the state’s Cannabis Control Board was made to help cannabis cultivators earn a return on their investment. In fact, the conditions for these showcases are not necessarily stringent. In fact, the conditions for these showcases are not necessarily stringent.

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Senate Bill 1723 moves to Subcommittee on Cannabis

Illinois News Joint

SB1723 deletes the provision that states any person or entity awarded a craft grower license under specified provisions “shall only hold one craft grower license” and removes language providing that a craft grower shall not be located within 1,500 feet of another craft grower but leaves in the restriction for “a cultivation center.”

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Illinois Senate creates cannabis omnibus

Illinois News Joint

The first amendment adds that a “craft grower may contain up to 14,000 square feet (instead of 5,000) of canopy space on its premises for plants in the flowering state, which must be cultivated in all stages of growth in an enclosed and secure area.”

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Dama Financial to Acquire GrowFlow

Cannabis Law Report

billion for cannabis retailers, cultivators, processors, and distributors. The highly scalable platform will fulfill the business needs and regulatory obligations of any licensed cannabis business — dispensary or wholesale — everywhere cannabis is legal in the United States. SOUTH SAN FRANCISCO, Calif. , Jan. states and four U.S.

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Trouble Brewing? A Look at the Cannabis Industry’s Signs of Distress – and Resilience

Cannabis Law Report

This month, cannabis operators closed their doors on more than ten dispensary locations in Michigan and Colorado. Meanwhile, wholesale prices continue to plummet in many of these mature markets, causing additional pressure on cultivators and manufacturers faced with margin compression. billion by 2025. Where Do We Go From Here?

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Innovative Industrial Properties Expands Long-Term Real Estate Partnership With Goodness Growth Holdings in New York

Cannabis Law Report

Concurrent with the closing of the land purchase, IIP amended its existing lease at the adjacent property to incorporate this new project, and Goodness Growth intends to operate the consolidated property as a licensed cannabis cultivation and processing facility upon completion of development. About Innovative Industrial Properties.