Golden Leaf Holdings Ltd. Not Pursuing Terra Tech Corp. Transaction

Golden Leaf and Terra had previously announced the signing of their nonbinding letter of intent on Nov. 5.

December 18, 2018

TORONTO, Dec. 18, 2018 (GLOBE NEWSWIRE) -- PRESS RELEASE -- Golden Leaf Holdings Ltd., a cannabis company with cultivation, production and retail operations built around recognized brands, has announced that it has decided not to pursue a potential transaction with Terra Tech Corp., a vertically integrated cannabis-focused agriculture company. Golden Leaf and Terra had previously announced the signing of their nonbinding letter of intent on Nov. 5, 2018.

Curaleaf Buys Out Minority Partner in Curaleaf International

Blüm Holdings Signs $5M Agreement to Acquire Northern California Cannabis Dispensary

Jones Soda Co. Divests Cannabis Beverage Business for $3 Million

Aurora Cannabis Denies 2nd ‘False’ News Report of Acquisition of MedLeaf Therapeutics

Curaleaf Buys Out Minority Partner in Curaleaf International

The transaction with an institutional investor brings the cannabis company’s stake in its European holding company to 100%.

Blüm Holdings Signs $5M Agreement to Acquire Northern California Cannabis Dispensary

The new dispensary will join Blüm’s growing portfolio, which includes three other Northern California stores and a recently acquired Bay Area location.

Blum Holdings

Jones Soda Co. Divests Cannabis Beverage Business for $3 Million

The Seattle-based craft beverage company sold its cannabis segment to MJ Reg Disrupters, including its Mary Jones brand assets.

Aurora Cannabis Denies 2nd ‘False’ News Report of Acquisition of MedLeaf Therapeutics

The Canadian cannabis company advised stakeholders of news reports on Investing.com that was generated ‘with the support’ of artificial intelligence.

High Times Magazine Acquired for $3.5M by RAW Rolling Papers Owner

Entrepreneur Josh Kesselman plans to revive the brand’s print edition, website and iconic Cannabis Cup following the all-cash transaction.

Vireo Growth Provides Corporate Update After Closing All Merger Transactions

The cannabis company now operates in six states and believes its improved profitability profile could help secure favorable debt refinancing terms.

Vireo Growth Acquires Deep Roots Harvest for $133 Million in Nevada

The transaction includes 10 dispensaries and a 54,000-square-foot cultivation and manufacturing facility.

Vireo Growth Closes $102 Million Acquisition of Proper Brands in Missouri

Proper is one of the largest operators in Missouri with 11 dispensaries and a 100,000-square-foot-plus cultivation and manufacturing facility.

Budr Cannabis Acquires 3 The Botanist Dispensaries in Connecticut

The multistate cannabis operator now owns seven retail facilities in Connecticut, including the three The Botanist stores from Acreage Holdings.

MediPharm to Close $4.5 Million Cash Sale of Cannabis Facility to Rubicon Organics in June

The transaction is for a 47,500-square-foot indoor cultivation facility in Hope, British Columbia.

TerrAscend Acquires Ohio Dispensary, Entering 6th State Market

The company’s acquisition is expected to be immediately accretive on an EBITDA and cash-flow basis.

ScottsMiracle-Gro Transfers Cannabis Subsidiary to Independent, Unnamed Partner

The lawn and garden company separated its cannabis holdings, Hawthorne Collective, to drive greater growth in its core business.

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