Finance: Page 102

Global Consortium, Inc. Explores Opportunities in Canada

A move to Canada would open up funding opportunities and the company would be valued at a higher multiple, with the ability to dual list in the U.S.

Cannabis Banking Bill Advances in Congress

The bipartisan SAFE Banking Act, which was approved Thursday by the House Financial Services Committee, would ensure financial institutions are not punished for providing banking services to state-regulated cannabis businesses.

Marijuana Banking Bill Picks Up Momentum

Lawmakers are poised to send a bill to the House floor that would allow banks to provide services to legal marijuana businesses.

West Virginia Governor Signs Medical Marijuana Banking Bill

Gov. Jim Justice has signed a banking bill that allows bidding for financial institutions to provide banking services related to the state’s medical marijuana program.

Stem Holdings Inc. Enters the Global Cannabis and Industrial Hemp Market With Acquisition of South African Ventures Inc.

The eSwatini facility will be located on 2,500 acres at The Science Park Matsapha for cannabis and industrial hemp cultivation.

Aura Announces Appointment of Alain Dobkin to Its Board of Directors

Dobkin brings experience in global and Israeli finance and M&A, having managed transactions with aggregate value of ~US$40 billion.

NorCal Cannabis Company Continues Company Expansion with Multiple New Hires

Senior executives hail from brands such as Google, Instagram, Yelp, BlackRock and TripAdvisor.

Cresco Labs Receives Approval to Enter Michigan Market

Cresco is pre-qualified for a cultivation and processing license by the Department of Licensing and Regulatory Affairs Medical Marihuana Licensing Board.

U.S. Bank Subsidiary Pulls Out of CBD Industry

With Evalon closing its CBD merchant accounts, what’s next for the uncertain business climate?

International Cannabis Corp., Wayland Holdings Seek Global Transaction

The two companies will place a focus on emerging markets in Europe.

HEXO Would Quadruple Cannabis Cultivation Space in Canada with Newstrike Brands Acquisition

The deal could increase HEXO’s cannabis production capacity to 150,000 kilograms per year.

Legends Business Group, Inc. Initiates Reverse Merger, Set to Generate $1.2 Million in Revenue

The company has initiated a reverse merger with Global Cannabis Corp., a Canadian medical cannabis clinic and education center network with 320,000 patients to date.

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