Mergers and Acquisitions: Page 21

Schwazze, Formerly Operating as Medicine Man Technologies, Terminates Los Suenos Farms and Dabble Extracts Acquisitions

Throughout the M&A process, key business and valuation issues were identified and, as such, Schwazze decided to no longer pursue the acquisitions.

New Terms Announced for Canopy Growth-Acreage Holdings Merger, California Extends Cannabis License Fee Deferrals: Week in Review

This week, Canopy Growth and Acreage Holdings amended the terms of their merger deal, which has significantly dropped in value.

Whistleblower Alleges that U.S. Attorney General William Barr Launched Unfounded Antitrust Investigations into Cannabis Mergers

John Elias, a career employee at the Department of Justice, testified that Barr ordered the investigations due to his personal dislike of the industry.

Acreage Acquires Compassionate Care Foundation

Acreage assumes 100% control of the operations of the New Jersey-based cannabis company.

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.

Jushi Set to Acquire Pennsylvania Grower

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

Louisiana Governor Signs Medical Cannabis Expansion into Law, New Jersey Assembly Approves Decriminalization Bill: Week in Review

This week, Louisiana Gov. John Bel Edwards signed a bill into law that allows doctors to recommend medical cannabis for any condition.

Charlotte’s Web Completes Acquisition of Abacus Health Products

Charlotte’s Web now has distribution through more than 21,000 retailers.

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%.

Iowa Senate Passes Bill to Change THC Cap in State’s Medical Cannabis Program

The legislation now goes to Gov. Kim Reynolds.

Delta 9 Cannabis Inc. Purchases Two Stores In Alberta

New Calgary and Grande Prairie locations mark the Canadian company's expansion west.

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.

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