The firm secured a 10% interest rate on the new financing.

Overall, the analyst believes the cannabis industry outlook is bright.

The major debt refinance’s interest rate is 8.43% for the first five years.

Lower interest income during the period drove the revenue decline.

The acquisition dovetails into Dama’s recent acquisition of GrowFlow.

The company is actively trying to stem growing losses.

Capital raises overall are down 61.2% year-over-year.

While taxes and banking present challenges, Maryland’s new market offers many opportunities as well.

Both Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) and Leafly Holdings, Inc. (NASDAQ: LFLY) made announcements regarding the exchanges where the cannabis stocks are traded. Verano is moving its common shares to the Cboe from the Canadian Securities Exchange, which handles more companies than the Cboe but is also known for having less stringent requirements […]