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Finance
Verano Proposes to Redomicile Parent Company From British Columbia to Nevada
The cannabis company board approved the plan to change its place of incorporation from Canada to the U.S.
Curaleaf Joins S&P/TSX Composite Index
Inclusion in Canada's benchmark index increases the cannabis company’s exposure and broadens access across North American capital markets.
High Tide Closes Acquisition of a Majority Stake in Remexian Pharma GmbH
The cannabis company completed the deal for a 51% interest in Remexian for €26.4 million and has a five-year option for the remaining 49% interest.
AYR Wellness Executes Senior Secured Bridge Credit Agreement
The agreement will provide the company with up to $50 million of committed funding to support ongoing operations.
TerrAscend Renews, Replenishes $10M Share Repurchase Program
The cannabis company’s 12-month program provides it with the flexibility to allocate capital opportunistically.
Glass House Expects Hit to Revenue, Profitability Following ICE Raids
The Southern California cannabis cultivator is scaling back production amid a reduced workforce but expects a fourth-quarter rebound.
Cresco Labs Closes $325 Million Senior Secured Term Loan Refinancing
The transaction extends the loan’s maturity to 2030, strengthening the company’s balance sheet and positioning it for growth.
High Tide to Become Major Player in German Medical Cannabis Market Through €27.2 Million Acquisition
The Canadian cannabis company signed an agreement to acquire a majority stake in Remexian Pharma GmbH.
Tilray Brands Reconfirms Strategy to Regain Nasdaq Compliance
The Canadian cannabis company requested an extension to meet Nasdaq listing requirements as it considers a reverse stock split.
High Tide Provides Corporate Updates
The Canadian cannabis company provided updates on Germany, an executive appointment, a base shelf prospectus and more.
Ascend Wellness Reports $127M in Q2 Net Revenue
The multistate cannabis operator also reported its 10th straight quarter of positive operating cash flow.
TerrAscend Reports $65M in Q2 Revenue From Continuing Operations
The multistate cannabis operator reported positive cash flow from continuing operations for the 12th consecutive quarter.
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