Finance: Page 77

Square Offers Payment Processing Services to CBD Businesses

The company will now allow U.S. businesses to sell CBD products on its platform.

How Can Cannabis Companies Prepare for Banking Reform?

Now that the SAFE Banking Act has cleared the U.S. House, the industry should get its financial house in order to ensure a smooth transition from cash-run to banked businesses.

Diego Pellicer Plans to Become a Fully Integrated Cannabis Company

The company has announced several letters of intent to purchase retail, manufacturing and cultivation assets in Colorado.

GABY to Acquire Premium Organic CBD Brand 2Rise Naturals

2Rise owns a portfolio of high-quality organic CBD products including, THC-Free CBD tincture, full-spectrum tincture with turmeric or vanilla, and high potency full spectrum capsules.

HeavenlyRx to Acquire CBD Brand PureKana

PureKana has accelerated its revenue growth since its founding in 2017, and is projected to more than double its revenue by 2020.

Canopy Growth Announces Purchase of Majority Stake in Biosteel Sports Nutrition Inc

The transaction provides Canopy Growth with a platform to enter the sports nutrition and hydration segment.

Hemp Genetics in a Changing Marketplace: Q&A with EcoGen’s Derek Du Chesne

The company’s chief growth officer shares insight into EcoGen’s breeding program, its sale of 20 million hemp seeds this past spring and where the business is headed next planting season.

Seed & Smith Partners with Gofire to Provide Concentrate Dosing Through SmartCartridge Technology

The Colorado-based cultivator, concentrate manufacturer and dispensary will partner with Gofire for precision-dosing of its cannabis oils through Gofire's SmartCartridge and patented, IoT-enabled Gofire Inhaler.

Cresco Labs Enters Into Sale-and-Leaseback Agreement with Innovative Industrial Properties for Illinois Facilities

The company has signed a binding agreement to sell its Joliet and Kankakee, Ill. properties to Innovative Industrial Properties, Inc. for approximately $46.3 million.

Bruce Linton Joins Better Choice Co. as Special Adviser

The CBD animal health and wellness company hopes to glean R&D lessons from Linton’s background.

Massachusetts Cannabis Control Commission Approves New Medical Cannabis Regulations

Under the new rules, medical dispensaries must write a plan for their financial hardship programs into their licensing applications to be considered during the licensing process.

How Vaping Backlash Affects Major Tobacco-Backed Investments in Cannabis

Altria invested $1.8 billion in Cronos Group’s future. Now, the vape market is under scrutiny.

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