Mergers and Acquisitions: Page 14

nuEra Cannabis Announces Agreement to Purchase Ieso Cultivation Facility in Illinois

One of only 20 full-scale cultivation licenses in Illinois, Ieso’s cultivation facility spans over 36,000 square feet of canopy, reaching a maximum of 210,000 square feet of flowering canopy.

Demystifying Mergers and Acquisitions: Q&A With East Fork Cultivars’ Mason Walker

Ahead of his session at Cannabis Conference 2023, Walker shares a preview of his dealmaking insight that he hopes will make other small cannabis businesses comfortable with the process.

2023 State of the Cannabis Industry Sound Off

A compilation of quotes and commentary chronicling this moment in the cannabis market.

Canopy Growth Files Revised Proxy Statement, Modifies Canopy USA Structure to Comply With Nasdaq Requirements

The company is advancing its Canopy USA strategy, designed to accelerate entry into the U.S. cannabis market.

Curaleaf’s Boris Jordan Says New Super PAC Will Sway SAFE Banking’s Passage in 2023

The company’s executive chairman provided a timeline for the bill during an earnings call but said he’s not “predicting anything in Washington.”

Atlas Announces Closing of Acquisition of GreenSeal, Increasing Export Capacity and Strengthening Its Integrated Value Chain

The acquisition broadens Atlas Global’s capabilities with an innovative nursery and genetic selection program, enabling a differentiated pipeline of unique cultivars.

Tilray to Acquire HEXO in $56-Million Deal

The transaction is expected to close in June.

Verano CEO Says 2023 Will Be ‘Inflection Point’ for Cannabis Industry

As smaller operators struggle to weather the industry downturn, George Archos forecasts favorable M&A deals in attractive markets.

Curaleaf $20M Acquisition to Quadruple Retail Footprint in Utah

The company announced a definitive agreement with Deseret Wellness, which operates three of the state’s 15 medical cannabis dispensaries.

AYR Wellness Closes Sale of Arizona Assets

The deal reduces AYR’s long-term debt by $22.5 million.

Trulieve CEO Sets Goal of $100 Million in Operating Cash Flow This Year

Stomping onward with the nation’s largest cannabis retail footprint, Trulieve reported $1.2 billion in revenue for 2022.

Cresco Labs, Columbia Care Delay Closing of $2-Billion Merger

The multistate operators mutually agreed to extend their proposed closing date to the second quarter of 2023.

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