Finance: Page 117

Altitude Investment Management Closes Cannabis Fund I at $30 Million

The NYC-based cannabis investment firm now looks to Fund II.

Sunniva Announces Acquisition of California Distribution Company to Allow for Statewide Dissemination of Sunniva Branded Cannabis Products

LYTR will play an instrumental role in driving Sunniva’s position in California as a truly vertically integrated cannabis company.

Calyx Peak Capital Adds Former CEO of FAO Schwarz, Ed Schmults, to Its Executive Roster

The cannabis capital group continues to build its asset base.

Aurora Cannabis Receives Final Regulatory Approval and Completes Acquisition of ICC Labs

The deal reflects an aggregate purchase price of approximately $290 million.

Acreage Holdings Acquires Blue Tire Holdings to Bring Cannabis Products to Michigan

Blue Tire and Acreage will work together to acquire licenses to operate in the cannabis business in Michigan.

Weekend Unlimited Finalizes Acquisition of 80 Percent of Canna Candys, Canna Medibles

Canna Candys is looks ahead to expansion in U.S., Europe and Asia as a Weekend Unlimited brand.

Acquired Sales Corp. Plans to Purchase 19.99% of CBD-Infused Beverage Maker Ablis

The company will also purchase 19.99 percent of ownership of Bendistillery Inc., which sells Crater Lake Spirits and Bend Spirits.

Massachusetts Begins Adult-Use Sales, Cannabis Restaurant to Open in UK: Week in Review

The weekly roundup of cannabis industry headlines.

Constellation Brands Plants Seeds for a Future as Global Cannabis Market Leader

The company seems to be readying for entry into the much larger U.S. market when the time comes.

Marijuana Is Getting Cheaper. For Some States, That’s a Problem.

Marijuana prices are collapsing in Colorado and in other legalization states (e.g., Oregon, where the price can go as low as $100/pound).

Trio of Bills Would Improve Veterans’ Access to Medical Marijuana, Cannabis Shortages Could Continue in Canada: Week in Review

Rep. Seth Moulton has partnered with Rep. Matt Gaetz to introduce a trio of bills that would nudge the VA to better integrate cannabis into the treatment it provides veterans.

Marijuana Startup Backed by John Boehner Goes Public in Canada

The company raised $314 million in a private placement that values it at about $2.8 billion.

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