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Phillip Morris Might Use Cannabis in Its New “Beyond Nicotine” Product Line

SpeedWeed

This March, British American Tobacco (BAT), maker of American Spirit, Camel, Newport, and other smokes, bought a 20 percent share in Organigram, another Canadian cannabis firm. The post Phillip Morris Might Use Cannabis in Its New “Beyond Nicotine” Product Line appeared first on SpeedWeed. View original article.

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Cannabis Commercial Real Estate Lender Pelorus Equity Group Announces 434% Year-Over-Year Growth in 2021

Cannabis Law Report

Newport Beach, CA (February 2, 2022) — Pelorus Equity Group (“Pelorus”), the leading provider of value-add bridge commercial real estate loans for cannabis businesses and owners with cannabis-related real estate, announced it achieved 434% growth year-over-year in 2021. Pelorus and Pelorus Fund 2021 Highlights.

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Pelorus Equity Group Announces US$77.3M Rollup Debt Financing Letter of Intent on the Heels of Harborside Announcing Business Combination with Urbn Leaf and Loudpack, Creating StateHouse Holdings, a Leading California Cannabis Company

Cannabis Law Report

We’re confident Pelorus is both a price and deal structure leader in the cannabis real estate market and look forward to working with other large operators in the space.”. In connection with the Transactions, the Company has signed a non-binding term sheet with Pelorus Equity Group for a total of US$77.3M