Mergers and Acquisitions: Page 18

Jazz Pharma Acquires GW Pharma for $7.2 Billion

As Bloomberg noted, GW’s stock skyrocketed about 46% Wednesday morning as the headlines hit the wires.

Thriving in Cannabis Chaos: Lessons From Other Industries

A nimble business model allows you to capitalize on the inevitable negative market trends.

MSO Curaleaf Banks $300 Million of Capital

‘Green wave of acceptance’ in cannabis industry and potential for federal legalization puts new CEO Joe Bayern’s focus on leveraging rapidly expanding market in U.S.

Cresco Labs’ Acquisition of Bluma Wellness Combines Two Like-Minded Companies, According to Executives

Cresco CEO Charlie Bachtell says Bluma presented the “perfect opportunity” for the multistate operator to enter the Florida market.

Virginia Governor Unveils Cannabis Legalization Proposal, Mexico Publishes Medical Cannabis Regulations: Week in Review

Virginia Gov. Ralph Northam has proposed an adult-use legalization bill that would allow sales to start Jan. 1, 2023.

Canopy Growth Announces Filing of Early Warning Report Regarding TerrAscend Corp.

The company announces the acquisition of an option to maintain pro rata ownership interest of approximately 20% following TerrAscend financing.

Cresco Labs to Expand Into Florida Through Acquisition of Bluma Wellness Inc.

The company will now have operations in all seven cannabis markets that fall within the top 10 most populated states in the U.S.

U.S. Senate Approves Legislation to Expand Medical Cannabis Research, Missouri Judge Rejects Lawsuit Over State’s Cultivation License Cap: Week in Review

The Senate passed a bill this week that would allow the attorney general to increase the number of federally licensed entities authorized to cultivate cannabis for research purposes.

Columbia Care Signs Definitive Agreement to Acquire Green Leaf Medical

The acquisition substantially expands Columbia Care's footprint and operating scale in the East Coast and Mid-Atlantic regions.

Ayr Strategies Enters into Agreements to Expand Footprint with Strategic Acquisitions in Florida and New Jersey

Ayr has announced the proposed acquisition of Liberty Health Sciences, a vertically integrated operator in Florida, and GSD NJ LLC, a licensed operator in New Jersey.

SPACs Infused a Tough Capital Market for Cannabis Businesses This Year

Capital markets were already running dry by January, so executive teams and investors began getting creative in connecting dollars to companies.

Attorney General William Barr Resigns, New Jersey Legislature Sends Adult-Use Cannabis Bill to Governor: Week in Review

President Donald Trump announced that Barr’s current deputy attorney general, Jeffrey Rosen, will become acting attorney general when Barr officially steps down next week.

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