Mergers and Acquisitions: Page 22

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.

Ethos Cannabis to Acquire Seven of 4Front Ventures’ Mission Dispensaries

The deal will expand Ethos’ retail footprint in Pennsylvania and allow the company to enter Maryland’s medical cannabis market.

Cresco Labs Announces Mutual Agreement to Terminate Purchase Agreement with Tryke

The move frees up $55 million in capital to further invest in the company's organic growth pipeline.

BR Brands and Dixie Announce Execution of Definitive Agreement

The merger establishes a new cannabis CPG company and house of brands.

Planet 13 Announces Renegotiation of Santa Ana Acquisition

Following an announcement that it had terminated an agreement to acquire a dispensary in Santa Ana, Calif., Planet 13 has renegotiated the terms.

Planet 13 Announces Termination of Santa Ana Acquisition

The acquisition was terminated due to unmet conditions in the definitive agreement.

Cannabis and COVID-19: How the Pandemic Will Influence the Future of the Cannabis Industry

COVID-19 has affected every person and every business in the U.S. in some small or tragically large way.

Acreage Announces Operational Updates, Executive Resignation, Suspension of Guidance and Termination of Proposed Deep Roots Acquisition

The moves are intended to enable the company to maintain its business goals of profitability, conserve cash and to execute its strategic plan.

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