Finance: Page 107

Applied DNA Receives Initial $1 Million Payment from TheraCann International

The balance of $4 million in payments to Applied DNA is expected by mid-August in accordance with the terms of a March 29 agreement.

SOL Global to Extend Cannabis Operations to Michigan With $150 Million Acquisition

MCP Wellness holds the rights to acquire two Michigan cultivation licenses, a processing license, and three dispensaries.

Cresco Labs Announces Profitable Fourth Quarter 2018 Financial Results

The company announced revenue growth of 411 percent year-over-year and 33 percent quarter-over-quarter.

FSD Pharma to Acquire Prismic Pharmaceuticals

The transaction positions FSD to help contribute to addressing the opioid crisis through the use of synthetic cannabinoids.

Illinois Wants to Set Aside $8 Million to Regulate Recreational Marijuana

Gov. J.B. Pritzker’s 2020 budget proposal includes a provision for the funding, which is more than double the amount the Agriculture Department would receive to continue its work on the medical side.

MJardin Announces Acquisition of Cannabella

The acquisition adds extraction capabilities and consumer products to the company's Nevada portfolio.

Dem Says Marijuana Banking Bill Will Get House Vote This Spring

Rep. Earl Blumenauer said that the House will vote later this spring on legislation allowing banks to work with marijuana businesses in certain states.

Canopy Growth to Acquire Acreage Holdings in $3.4-Billion Deal—Contingent on U.S. Federal Legalization of Cannabis

Here, we break down this international M&A deal and explain what it means for the industry.

Constellation Brands Extends Rights to Exercise Warrants in Canopy Growth

This move follows Canopy’s acquisition of Acreage Holdings—contingent on U.S. federal legalization.

Cannabis Banking Bill Reintroduced in U.S. Senate, Canopy Growth Corp. to Buy Acreage Holdings: Week in Review

Sens. Jeff Merkley and Cory Gardner have reintroduced the SAFE Banking Act, while the House companion bill gains momentum.

Canopy Buys Rights to Acquire Acreage Holdings for $3.4 Billion in Cross-Border Cannabis Deal

Canopy, the world’s largest cannabis company, will initially pay $300 million in cash to shareholders of New York-based Acreage.

Acreage Holdings’ Acquisition of Form Factory Sets Company on Path to Become ‘Procter & Gamble of Cannabis’

The multi-state operator can now manufacture and distribute consistent and scalable products.

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