U.S Marijuana Market: The Grass Is Getting Greener Projected Growth of U.S. recreational and medical marijuana sales (billiom U.S. dollars)

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Ascend Buys Most of MedMen’s NY Cannabis Operation for $63M
Ascend Buys Most of MedMen’s NY Cannabis Operation for $63M
February 26, 2021
In a $63 million acquisition, Ascend Wellness Holdings of Massachusetts has acquired most of MedMen Enterprise's New York cannabis operations. Multistate operator Ascend Wellness Holdings has an option to acquire the remaining equity in the New York operation for $10 million. This will be contingent on the launch of an...
Cannabis Company Agrify Prices Share Offering to Raise $75M
Cannabis Company Agrify Prices Share Offering to Raise $75M
February 19, 2021
Cannabis firm Agrify, a developer of highly advanced and proprietary precision hardware and software grow solutions for the indoor agriculture marketplace, has announced the pricing of an underwritten public offering of 5,555,555 shares of its common stock at a price to the public of $13.50 per share for gross proceeds...
Canopy Just Took a Huge Loss on BC Cannabis Greenhouses
Canopy Just Took a Huge Loss on BC Cannabis Greenhouses
February 15, 2021
Canadian marijuana giant Canopy Growth has taken a huge loss as it unloads British Columbia cannabis green houses. The Ontario-based company has sold off two facilities in British Columbia that were once considered by Canopy to be the largest cannabis greenhouses in the world. It was revealed in a regulatory...
Weedmaps Wants to See 175% Revenue Growth
Weedmaps Wants to See 175% Revenue Growth
January 29, 2021
Weedmaps, a marijuana advertising company, has said recently that it aims to see 175% revenue growth via higher ad prices and a wider footprint. The California-based company is hoping to increase its revenue over the next three years. Silver Spike Acquisition Corp., the company who has purchased Weedmaps last year,...
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