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Portland cannabis company in $12.5M Massachusetts expansion deal
A Portland cannabis company has agreed to trade a slice of future revenue for up to $12.5 million to develop operations in Massachusetts. The money is coming from a publicly traded Canadian company, a common source of funding for Oregon industry players. But the structure of the arrangement between Portland-based Diem Cannabis and Vancouver, B.C.-based Tidal Royalty Corp. — no acquisition or dilutive equity stake — is unusual. Under their deal, over the next three years Diem will develop and…
Photos: Peek inside this $10M mansion in S.F.’s ritzy Cow Hollow neighborhood
If you’ve always wanted to move into a luxurious, spacious mansion in the trendy Cow Hollow neighborhood, here’s your chance. A five-bedroom property, featuring five full and three half bathrooms, two viewing decks and a three-to-four car garage, just went on the market at 2536 Greenwich St. Built in 1993, it recently underwent a custom rebuild. The asking price is $9.9 million for the 6,016-square-feet property. The property was last sold in 2014 for $3.5 million. The home is built around…
Palo Alto payments firm gears up for hiring spree, hoping that businesses are ready to cut the checks
Bill.com is expanding its Palo Alto headquarters as it plans to boost hiring and add new services such as international payments.
Alain Pinel scoops up high-end S.F. residential brokerage
The Bay Area’s residential brokerage market has seen huge consolidation over the past few years. Flush with funding, brokerages like New York-based Compass have spent lavishly, buying up smaller competitors and investing in new technology. The buying sprees come as the home selling and buying landscape also shifts thanks to new startups like Reali and Opendoor, which are making inroads into the market. To weather the changes, high-end Bay Area brokerage Alain Pinel Realtors picked up boutique…
Bullet train chief says he’s not worried about losing momentum: ‘We’re employing thousands of Californians’
As Gov. Jerry Brown’s term comes to an end, California high-speed rail chair Dan Richard’s time leading the project — which has been slowed by lack of funding, lawsuits and a public fiercely divided in their approval of the project — may also be winding down.
Health Care of the Future program promises deep digs into medical business philosophies
The four largest Portland hospital systems changed their top leadership this year. Three of the four will be featured on a panel at the Portland Business Journal’s Health Care of the Future event next week. The event kicks off at 7:30 on Thursday, Sept. 20, and tickets are still available. The local leadership panel will feature Dr. Danny Jacobs, the newly installed president of Oregon Health & Science University; Kathryn Correia, president and CEO of Legacy Health; and Lisa Vance, chief executive…
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