December 31, 2021

Glass House Brands Win $100 Million, Senior Term Loan Facility from WhiteHawk Capital Partners

LOS ANGELES, December 21, 2021 – WhiteHawk Capital Partners, LP (“WhiteHawk”), a private credit investment manager, announced it has entered into an agreement with Glass House Brands, Inc. (“Glass House”) (NEO: GLAS.AU) (NEO: GLAS.WT.U) (OTCQX: GLASF) (OTCQX: GHBWF) to provide a $100 million senior term loan facility. The facility will support the construction and retrofit program …

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Colorado Governor Turns Out to Be Secrete Santa for More Than 1300 People, Pardons Marijuana Convictions

Colorado Gov. Jared Polis (D) announced on Thursday that he granted 1,351 pardons for convictions of possession of two ounces or less of marijuana. The move focuses on people who are eligible for relief under a new law that increased the legal cannabis possession limit for adults in the state, which Polis signed in May. …

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Let’s Catch Up on Top Policy News Stories Of 2021 On Marijuana, And Psychedelics

From full cannabis legalization in New York to the launch of a modest medical marijuana program in Alabama, cannabis reform continued to spread across the U.S. in 2021 amid the ongoing backdrop of the COVID-19 pandemic and other hot-button political issues. And while federal prohibition remains in place, the year saw major movement toward reform …

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GOP Senator States to Override Mississippi Governor, If He Vetoes Medical Marijuana Bill

If the governor of Mississippi moves to veto a medical marijuana bill over his concerns about the proposed purchase limit for patients, the legislature may well move to override that decision, a key state senator said on Wednesday. Gov. Tate Reeves (R) said on Tuesday that he wants lawmakers to slash the daily purchase limit for patients …

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Green Thumb Industries Acquires Minnesota Cannabis Company LeafLine Industries on Anonymous Terms

Green Thumb Enters Minnesota through Acquisition of LeafLine Industries Acquisition of one of only two vertical licenses in Minnesota, including an operating cultivation facility and five open retail locations Expands production capacity and scales distribution capabilities while broadening access to medical cannabis products for Minnesota patients    Increases national presence to 15 states; 73 open retail …

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Feds inserts Bewilderingly Cool-Looking Cheetah for PSA Gloomy Marijuana Impaired Driving

A cool-looking cheetah smoking a joint while driving is apparently how one federal agency decided to get out the word about the dangers of getting behind the wheel after consuming marijuana. People are understandably a little confused about the messaging. While advocates and prohibitionists alike share an interest in preventing impaired driving, the National Highway …

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