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Columbia Care Announces Closing of US$74.5 Million Private Placement Offering of 6.00% Secured Convertible Notes Due 2025

Cannabis Law Report

The Notes were offered for sale on a private placement basis in certain provinces of Canada pursuant to applicable exemptions from the prospectus requirements of Canadian securities laws. NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. NEW YORK–(BUSINESS WIRE)–Columbia Care Inc.

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Columbia Care Completes Acquisition of Green Leaf Medical; Cements Market Leading Position in Mid-Atlantic

Cannabis Law Report

Adds Approximately 400,000 Square Feet of Cultivation and Production Capacity as well as Four Operational Dispensaries and Six In-Development Dispensaries in Key Markets. Immediately Accretive to Columbia Care Gross Margin, Adjusted EBITDA and Free Cash Flow with Acquisition Multiple of Approximately 4.8x 2021 Adjusted EBITDA.

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Columbia Care Announces Closing of US$185 Million Private Placement of 9.50% Senior-Secured First-Lien Notes

Cannabis Law Report

million of the Company’s existing 13% senior secured notes due 2023, pursuant to private agreements in accordance with the trust indenture, for an equivalent amount of 2026 Notes plus accrued but unpaid interest and any negotiated premium thereon. persons (as defined in Regulation S under the U.S. About Columbia Care.

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OLCC Finalizes New Rules on Delta-8 THC and other Artificially Derived Cannabinoids

Cannabis Law Report

As this blog post will explain, the new administrative rules will allow for some artificially derived cannabinoids in limited circumstances to be produced and transferred by OLCC licensees and sold at OLCC dispensaries. Delta-8 THC and other Artificially Derived Cannabinoids. 21 CFR 170.230, 170.235, and 170.255.

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Minnesota Legalizes Marijuana For Recreational Use

Dykema (Cannabis Law Blog)

On May 30, 2023, Governor Tim Walz signed legislation to legalize recreational use of marijuana for persons 21 years of age and older. The bill legalizes the production and sale of marijuana flower concentrates, topical and edible products, immature cannabis plants and seeds, and hemp-derived THC products.

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Progress for Patients in Washington, D.C.: Residents Ages 21+ Can Temporarily Self-Certify

Veriheal

Rather, 21+ residents applying for medical program benefits may self-certify their intent to use cannabis from a licensed dispensary for medical purposes. Allowed formats include flowers, concentrates, edibles, transdermal products, seeds, and seedlings.” ’s licensed dispensaries: Alaska. Pushing D.C.’s