Finance: Page 89

Orchid Ventures Acquires GreenBloom Cannabis

Orchid will purchase retail, cultivation and distribution operations, as well as GreenBloom’s brands in Oregon and California.

Read the Public Comments to the FDA on CBD Policy

The 2018 Farm Bill didn’t legalize CBD, per se; rather, the descheduling of hemp created a legal gray area for the cannabinoid, one which the FDA is working to clarify this year.

Neptune Wellness Solutions Closes US$41 Million Private Placement

Proceeds will be used, in part, to fund the cash portion of the initial consideration for the SugarLeaf acquisition.

Soma Pharmaceuticals Reveals Plans for Ireland’s Medical Cannabis Market

Last month, Ireland authorized a pilot program to grant patients access to cannabis-based products.

Curaleaf to Acquire Grassroots in $875-Million Cash and Stock Deal

"With the acquisition of Grassroots and the pending acquisition of Select, Curaleaf is the world's largest cannabis company by both revenue and operating presence," said CEO Joseph Lusardi.

The Right Way to Acquire a Cannabis Dispensary or Brand

"With dispensaries, we look for a financial picture that illustrates market stability, depth of penetration, and market share of the neighborhoods," the Cannabis One CEO says.

ONE Cannabis Builds Midwest Franchise Presence

ONE Cannabis has entered into management consulting agreements with Missouri residents for development of the franchise in the St. Louis, Mo., area.

Medicine Man Technologies Closes on Second Phase of Strategic Investment with Dye Capital & Company

The size of funding received has increased from $14 million to up to $21 million.

Harvest One Signs Supply Agreement with GenCanna for Extracted Products

GenCanna will supply Harvest One with GMP Certified CBD oil and finished products for distribution in regulated markets in the United States and abroad.

SOL Global Announces US$6.5 Million Investment in CannCure

The investment is intended to fuel the growth of CannCure's position throughout the cannabis markets of Florida, Michigan and California.

Cannabis Stocks Rally After FDA Says It Will Speed Up Effort to Create Rules for CBD

The FDA said it is expediting its effort to create a regulatory framework for CBD with plans to publish a report on its progress by early fall.

Marijuana Official Describes ‘Very Real Damages’ During Nevada Cannabis Licensing Hearing

Planet 13 Co-CEO Bob Groesbeck testified that his company is losing up to $1.5 million per month because of a cannabis license injunction hearing that could go into August.

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