Cannabis Saga In The Empire State: Corruption Or Ineptitude? Private Equity Tramples Social Equity, Report Reveals
NY's public-private fund for social equity retailers is under scrutiny after a report uncovers a "lopsided deal" for a private equity firm. read more.....»»
Companies tied to out-of-state firms appeal revocation of social-equity cannabis licenses
Two Missouri social-equity licensees connected to a Michigan company that used Craigslist to recruit applicants have appealed the state’s decision to revoke their dispensary licenses. The Michigan company, Canna Zoned, was behind two of the .....»»
As Oregon mulls bold bill, report finds cannabis social equity on the rise but uneven
A Portland industry group hopes report inspires more effective efforts......»»
Cannabis Watch: Canopy’s proposed U.S. deal is a boon for the U.S. cannabis sector, says this investor
Canopy Growth Corp.’s plan to acquire U.S. multi-state operator Acreage Holdings as soon as cannabis is legalized in the U.S. has won the support of a U.S. private-equity firm that specializes in investments in the cannabis sector......»»
Cannabis Watch: This investor says Canopy’s proposed U.S. deal is a boon for the U.S. cannabis sector
Canopy Growth Corp.’s plan to acquire U.S. multi-state operator Acreage Holdings as soon as cannabis is legalized in the U.S. has won the support of a U.S. private-equity firm that specializes in investments in the cannabis sector......»»
Colorado grants aim to promote equity in tech and business industries
Colorado's current workforce landscape presents a blend of challenges and opportunities. According to the 2023 Talent Pipeline Report from the Colorado Workforce Development Council, the state's talent development network is focused on enhancing.....»»
Peloton Shares Surge On Private Equity Firm Buyout Report
Peloton Shares Surge On Private Equity Firm Buyout Report Just one week aft.....»»
What you need to know about Skydance"s bid for Paramount, from financing a deal worth $32 billion to its plans for the media empire
Skydance and its private equity backer are wooing Paramount. The newest bid: a premium for common shareholders and und.....»»
Push For Cannabis Banking Reform, Washington Social Equity, New Hampshire Debates Retail Weed Sales And More
Get the latest regulatory updates in the cannabis industry, from banking reform to ownership diversity and legalization bills read more.....»»
Five things: Hilliards chocolates, cannabis funding, and do we have too much tech?
Good morning, Boston, and Happy National Haiku Poetry Day. Here are the five things you need to know in Boston business news to start your workday. Cassie McGrath reports that cannabis social equity businesses are finally set to see an infusi.....»»
Cannabis equity businesses get state money after years of waiting
Fifty grants have been distributed to cannabis businesses, ranging from $20,000 to $50,000, after months of delay......»»
Cannabis Industry Chart Of The Week: Private Equity A Smaller % Of Equity Raises Despite Bigger Deal Sizes
The graph shows total equity capital raised by private companies (green bar) as a % of total equity raises during the first 20 weeks of each year. The orange line shows the average private equity deal size. read more.....»»
Banks and private equity can lead by example by setting their own ESG goals
As companies set goals around environmental, social, and governance initiatives, their financial partners like banks and private-equity firms have potential to lead by example. The panel was hosted by (l-r) Insi.....»»
: Social justice donations soared in the months after George Floyd’s murder, but then fell — what happened?
The share of donations to social-justice and racial-equity causes plunged from 51% in June 2020 to just 5% in December, a new report says......»»
Toshiba Soars After Receiving $20BN LBO Offer From CVC
Toshiba Soars After Receiving $20BN LBO Offer From CVC Mega LBOs are back: Toshiba ADRs soared 22% following a Nikkei report that private equity giant CVC Capit.....»»
L.A."s promise of social equity for marijuana businesses has been painfully slow for entrepreneurs
Cannabis entrepreneurs complain that the s.....»»
Michaels jumps 10% after NY Times report of private equity interest
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Following backlash, Cannabis dispensary association drops lawsuit
The lobbying group suing the state over its equity exclusivity for new delivery licenses has dropped its lawsuit in the face of protests from its own members......»»
State to accept applications for marijuana delivery businesses this month
The Cannabis Control Commission will start accepting applications for third party delivery licenses by the end of this month, opening the door to a new business model aimed at small entrepreneurs and equity applicants......»»
How Kentucky compares to other states on impact of social distancing
A new survey from WalletHub reveals Kentucky ranks as one of the least affected states when it comes to social distancing. Kentucky ranks as the fourth least difficult state for social distancing, according to WalletHub's report, which compared the 5.....»»
Expedia shares fly on report of talks to sell stake for $1 billion
Shares of Expedia Group Inc rose 9% on Wednesday after a report that the online travel services company was in advanced talks to sell a stake to private-equity firms Silver Lake Partners and Apollo Global Management Inc for about $1 billion......»»