cannabis


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Photo Illustration of California Governor Gavin Newsom (Getty)

State approves $100M to boost marijuana retailers

California approved a plan to provide $100 million to boost its legal marijuana industry. While sales have remained steady,...

State approves $100M to boost marijuana retailers
Knotel CEO Amol Sarva and Newmark CEO Barry Gosin (Sarva via Sasha Maslov; Gosin via Newmark)
National

Newmark’s acquisition of Knotel is approved

A bankruptcy court has approved the sale of flex-office provider Knotel to brokerage Newmark. Newmark officials said they expected...

Newmark’s acquisition of Knotel is approved
NewLake CEO Anthony Coniglio (NewLake, iStock)
National

Two cannabis REITs form joint venture

As cannabis-focused real estate blossoms, two real estate firms focused on the sector will now be rolled into one. The REITs, NewLake Capital Partners Inc. and GreenAcreage Real Estate Corp., will merge to form...

Two cannabis REITs form joint venture
Landlords of cannabis production facilities and dispensaries are outperforming the market (Getty, iStock)
National

Retail sales are bleak, unless you’re selling pot

Though many retailers saw sales nosedive through the pandemic, marijuana product sales remained steady — and even saw gains...

Retail sales are bleak, unless you’re selling pot
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