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Investors in the Cannabis Market: Page 5
East Fork Cultivars Partners With Steward
The Oregon hemp and cannabis farm launched a fundraising campaign on the new crowd-funding site designed exclusively for farmers.
Australis Capital Faces Lawsuit Over Planned Property Sale, Pivot from Cannabis Cultivation
Nevada cultivator and manufacturer Green Therapeutics is suing for breach of contract and other claims, while another investor has publicly aired grievances.
America’s Reckoning with Racism is ‘More Than a Moment,’ Say Cannabis Industry Members
The Minority Cannabis Business Association and Minorities 4 Medical Marijuana hosted a Facebook Live event to confront a lack of diversity in many organizations’ leadership and management structures, cultural appropriation, and more.
How Cannabis Businesses Can Secure Financing and Find Relief from COVID-19’s Economic Fallout
From accessing federal and state relief programs to negotiating commercial contracts, Shraybman Law’s Jessica Shraybman shares how she is counseling her clients to help keep their operations afloat.
Aphria Inc. Begins Trading on the Nasdaq Market
The Ontario-based cannabis producer will continue to trade primarily on the Toronto Stock Exchange.
Cannafornia CEO and Investors Enter Ugly Legal Battle
A California cannabis CEO and his company’s Russian investors file lawsuits against one another claiming elaborate schemes of theft, fraud and libel.
Aphria Inc. Announces Move to Nasdaq
The company will continue to trade under the APHA ticker as of Monday, June 8, 2020.
FSD Pharma Monetizes Non-Core Asset with Sale of Partial Equity Stake in Pharmadrug Inc.
The buyer holds the option to purchase additional shares.
4Front Ventures Announces Closings of $5.8 Million U.S. Private Placement and Sale of Non-Core Pennsylvania Retail Assets
The closing of these transactions marks significant progress towards the company's stated objectives of being fully-funded and achieving cash flow positivity in the second half of 2020.
Constellation Brands Exercises Warrants to Acquire Shares in Canopy Growth
The company says the move reinforces its confidence in Canopy's ability to win long-term in the emerging cannabis industry.
Navigating Vulture Investment
Investment companies looking to buy distressed assets have entered the cannabis market, and the global pandemic set the playing field in their favor.
Aphria Inc. Announces Net Cannabis Revenue Increases 65% From Prior Quarter and Fourth Consecutive Quarter of Positive Adjusted EBITDA
The company has provided updates on the COVID-19 impact and fiscal year 2020 guidance.
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