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Vangst's partnership with Colorado's Cannabis Business Office provides social equity licensees with the educational coursework necessary to run a profitable cannabis business.
Canopy Growth said private placement offering proceeds will be used to pay down debt, as well as for working capital and other general corporate purposes.
The independently-managed Curio Wellness Investment Fund was founded with the goal of providing startup capital for business owners to open their own franchise locations.
Theory Wellness' beverage dispensary will be co-located alongside a traditional dispensary in Medford, Massachusetts, about five miles northwest of Boston.
The Manhattan dispensary also reported New Yorkers like to purchase cannabis products ahead of summer holidays, with the largest sales day being the Friday before Memorial Day weekend.
Functional beverage company CENTR Brands Corp. has ceased funding its United States subsidiary, CENTR Brands USA LLC, and has terminated all U.S. and Canadian employees except CEO Arjan Chima.
Established in 2015 by co-founders Nick Friedman and Brandon Pollock, Theory Wellness has grown to include four dispensaries, production and cultivation facilities and more than 200 employees.
The acquisition allows for the importation of specialty foods to the U.S. and establishes a European base of operations for the sale and distribution of +PlusCBD products.
This resource aims to help CRBs assess financial institutions offering cannabis banking services and highlight the importance of working with institutions that have established and compliant programs.