The Week In Cannabis: Canopy’s Earnings, JPMorgan’s Restrictions, A Slew Of Earnings, Big Policy Moves
Below is a recap of the main news related to the cannabis industry and markets for the week of November 1st, 2021.
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$CGC Earnings, Veterans Initiatives From Leading Cannabis Companies — Cannabis Daily November 5, 2021
Start The Day With The Best Daily Pre-Market Overview Of The Cannabis Space
Americans spent more money on Cannabis than they did on costumes and candy over Halloween weekend.
PAX Labs donates $20,000 to continue the fight for cannabis accessibility for military veterans.
Cannabis REIT AFC Gamma Reports 276% Net Income Growth Reaching $7.9M In Q2
AFC Gamma Inc. (NASDAQ: AFCG) released its results Thursday for the quarter ended September 30, 2021, reporting net income of $7.9 million versus net income of $2.11 million in the same period of the prior year.
Earnings Scheduled For November 4, 2021
Companies Reporting Before The Bell
• DISH Network (NASDAQ:DISH) is likely to report quarterly earnings at $0.91 per share on revenue of $4.45 billion.
The Week In Cannabis: Stocks Underperform, Policy Moves, Earnings, Pitbull, Lil Kim, Justin Bieber, Martha Stewart And More
Below is a recap of the main news related to the cannabis industry and markets for the week of October 25, 2021.
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AFC Gamma Raises $100M Via Senior Note Offering To Support Cannabis Businesses
AFC Gamma, Inc. (NASDAQ: AFCG) confirmed Thursday it has priced an offering of $100 million aggregate principal amount of 5.750% senior notes due 2027 to qualified institutional buyers.
AFC Gamma Announces $100M Raise Via Offering Of Senior Unsecured Notes Due 2027
Cannabis-focused commercial real estate finance company AFC Gamma, Inc. (NASDAQ: AFCG) is raising $100 million through a private offering of senior unsecured notes due in 2027 to qualified institutional buyers.
AFC Gamma Provides Justice Cannabis Co. With $75.4M Via Extended Credit Facility, Announces Funding Updates
Cannabis-focused commercial real estate finance company AFC Gamma, Inc. (NASDAQ: AFCG) has bolstered its senior credit facility with Justice Cannabis Co. to $75.4 million.
Which Ancillary Cannabis Stocks Were Strongest And Weakest In September?
New Cannabis Ventures recently published September results of its Ancillary Cannabis Index, which includes publicly traded companies that provide goods and services to cannabis operators.