Finance: Page 82

California Cannabis Tax Revenue Isn’t Meeting Projections, So Public Officials Are Getting Conservative With New Estimates

Revenues from the licensed marketplace are up year-over-year, from 2018 to 2019, but not enough to satisfy early hopes for the state.

Medicine Man Technologies to Bolster Retail Distribution Channels With Planned Acquisition of Colorado Harvest Company

Under the terms of the transaction, Medicine Man Technologies will purchase Colorado Harvest for $12.5 million.

Marijuana Company of America Officially Launches VivaBuds in San Fernando Valley

The cannabis delivery service has expanded operations within California.

BevCanna Signs Letter of Intent for 130-Acre Outdoor Cannabis Cultivation

The joint venture with Clearwater CannGrow will allow the company to grow certified organic sun-grown cannabis.

The Green Organic Dutchman Welcomes New Investors, Provides Update on Aurora Ownership

The recent transaction between Aurora Cannabis and a syndicate of Canadian banks improves revenue and margin potential by recovering offtake of TGOD's organic cannabis.

Diego Pellicer Worldwide, Inc. Executes Letter of Intent to Purchase Denver Cannabis Retail Operation

The 3,300-square-foot retail location is projected to have gross sales exceeding $8.5 million in 2019 and $9.5 million in gross sales in 2020.

Illinois to Lead by Example With New Cannabis Cultivation Energy Standards

The Midwest marketplace will pave the way for more industry conversations about cannabis energy and water use.

Golden Leaf Holdings Ltd. Appoints Jeffrey Yapp as New CEO

The seasoned marketer and entrepreneur with global tech and consumer brand experience is charged with scaling the business into key markets.

GB Sciences Names Darin Carpenter as Executive Vice President of Cannabis Operations

Carpenter brings extensive and nationally-recognized experience streamlining production, improving product quality and increasing profitability to GBS.

Thailand Removes Cannabis, Hemp Extracts From Narcotics List

Thailand legalized medical cannabis in 2018 and is beginning to take down the regulatory obstacles standing in the way of business development.

Green Thumb Industries Acquires One of New York’s 10 Vertically Integrated Cannabis Licenses

Chicago-based GTI’s $60-million deal follows blockbuster transactions closed by MedMen, Pharmacann and Cresco Labs in New York.

TerrAscend Enters Into Agreements to Acquire State Flower

TerrAscend has also extended a line of credit of up to $3.75 million to State Flower for cultivation facility improvements to expand production capacity.

Previous Page

Page 82 of 183

Next Page