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Marijuana maker Green Thumb Industries bought Warwick land for plant

Chicago-based Green Thumb Industries bought 38 acres in Warwick to build a 450,000-square-foot facility where it will grow and process marijuana. ....

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Fertile Ground: Warwick Gears Up for the Next Wave of Agriculture

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David McIntyre
Jill and Steve Penning. Penning’s Farm Market began in 1983 as a seasonal farm stand and has since expanded into an agritourism destination with garden center, pub, grill, ice cream stand, bakery, and beer garden.
To understand Warwick, you first have to look back. Waaay back. Like, 12,000-years-ago back.
That’s when the glaciers receded from the Hudson Valley, leaving a carved out depression in the 104-square-mile area that currently encompasses the Town of Warwick, just a few miles north of where the border now runs between New York and New Jersey. Those low-lying areas turned into swampy bogs. Flash forward to the dawn of the previous century, when European immigrants to the Hudson Valley who had some experience farmi ....

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Marijuana firms, developers line up real estate ahead of New York's adult-use sales

Marijuana firms, developers line up real estate ahead of New York's adult-use sales
mjbizdaily.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mjbizdaily.com Daily Mail and Mail on Sunday newspapers.

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Yes, Pot Is Legal. But It's Also in Short Supply.

Cannabis corporations are rushing to meet what is expected to be a “tidal wave” of demand in New York and New Jersey. ....

New York , United States , New Jersey , Orange County , Ben Kovler , Mohamed Sadek , Chris Christie , Philipd Murphy , Shaya Brodchandel , Michael Sweeton , Jeff Brown , Ken Wolski , Stuart Zakim , Greg Rochlin , Patrik Jonsson , Norman Birenbaum , Coalition For Medical Marijuana , Jersey Cannabis Trade Association , Harmony Foundation In Secaucus , Warwick Valley Office , New York Times , Green Thumb Industries , Technology Corporate Park , Harmony Foundation , New Jersey Cannabis Trade , New York State ,

Green Thumb Industries Raises $217M, Closes Senior Non-Brokered Private Placement Of Notes

Green Thumb Industries Inc. (CSE:GTII) (OTCQX:GTBIF), the owner of Rise dispensaries, has raised $217 million to retire its existing $105-million senior secured debt due May 2023.
The Chicago-based company said Friday that it has finalized a senior non-brokered private placement financing via the issuance of senior secured notes.
The notes, which will mature on April 30, 2024, carry an interest of 7% on a yearly basis and are payable quarterly.
In addition, the financing allows GTI to lend an additional $33 million over the next 12 months.
Buyers of the notes obtained a total of 1,459,043 warrants, each allowing the purchase of one subordinate voting share of GTI at $32.68 per share in 60 months following the issuance. ....

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