Mergers and Acquisitions in the Cannabis Market: Page 21

Canopy Growth and Acreage Holdings Amend the Terms of Their Merger

The deal, originally valued at $3.4 billion, is now valued at roughly $843 million.

Entoura Acquires Hemp Biotech Firm Atalo

Entoura will use the Kentucky-based company's production capacity to augment its supply chain.

Jushi Set to Acquire Pennsylvania Grower

The proposed acquisition of Pennsylvania Medical Solutions would solidify Jushi's position in the Pennsylvania market.

Delta 9 Announces Deal with Oceanic

The companies will work together to expand cannabis sales in the Canadian province of Newfoundland and Labrador.

Vibe Acquires Northern California Cultivation Facility

The 13,500-square-foot facility was purchased from NGEV and will increase Vibe's production capacity by 40%.

Scythian Acquires Two Cannabis Retail Operations In North Dakota

The real estate company bought properties in Devils Lake and Dickinson, N.D., owned by Grassroots Cannabis, which will continue to operate the locations.

MJardin Terminates the Acquisition of Cannabella

The acquisition of the edibles and topicals producer was to close in late 2019.

Aurora Cannabis Completes Acquisition of Reliva LLC

Aurora acquired Reliva, a company that sells hemp-derived CBD products in the U.S., for approximately $40 million of Aurora common shares.

Aurora Cannabis to Strategically Enter the United States with Acquisition of Reliva, LLC, a Mass Retail CBD Platform

The acquisition provides Aurora with a retail hemp-derived CBD brand that is currently sold in more than 20,000 mass retail U.S. locations.

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.

Newly Released Memo Advises DEA to Change Cannabis Research Regulations, Minnesota Lawmaker Introduces Adult-Use Legalization Bill: Week in Review

This week, a 2018 memo surfaced, indicating that the Drug Enforcement Administration’s practices have been non-compliant with international drug laws for decades.

Former Green Growth Brands Executive Peter Horvath to Run Hightimes Holding Corp.

Following former CEO Stormy Simon’s exit, Horvath will preside over the publishing company’s pivot to retail.

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