Finance: Page 109

Cannabis Advocates See Banking Reform on Horizon as SAFE Banking Act Gains Momentum in Congress

The legislation would allow banks to work with the cannabis industry without fear of federal prosecution.

Northern Swan Holdings Raises $58 Million for International Distribution Network

The company holds a majority ownership stake in Colombian cannabis producer Clever Leaves.

Harvest Health & Recreation Extends U.S. Footprint with Acquisitions in Four East Coast States

The new assets and licenses in New Jersey, Pennsylvania, Maryland and Delaware extend Harvest's presence by allowing up to 213 facilities in 17 states and territories.

DNA Genetics Names Christopher Cohen as COO

“We’re thrilled to have Chris join the DNA team at a time when we’re experiencing such massive growth and have such opportunities ahead of us,” said Charles Philips, CEO of OG DNA Genetics.

Applied DNA Announces Exclusive Cannabis Licensing and Cooperation Agreement with Theracann International

Applied DNA is to receive staged payments totaling $5 million over the next four months.

Canopy Growth Welcomes Houseplant to the Family

Founded by Seth Rogen and Evan Goldberg, Houseplant is a new brand of Canadian cannabis.

Global Consortium, Inc. Explores Opportunities in Canada

A move to Canada would open up funding opportunities and the company would be valued at a higher multiple, with the ability to dual list in the U.S.

Cannabis Banking Bill Advances in Congress

The bipartisan SAFE Banking Act, which was approved Thursday by the House Financial Services Committee, would ensure financial institutions are not punished for providing banking services to state-regulated cannabis businesses.

Marijuana Banking Bill Picks Up Momentum

Lawmakers are poised to send a bill to the House floor that would allow banks to provide services to legal marijuana businesses.

West Virginia Governor Signs Medical Marijuana Banking Bill

Gov. Jim Justice has signed a banking bill that allows bidding for financial institutions to provide banking services related to the state’s medical marijuana program.

Stem Holdings Inc. Enters the Global Cannabis and Industrial Hemp Market With Acquisition of South African Ventures Inc.

The eSwatini facility will be located on 2,500 acres at The Science Park Matsapha for cannabis and industrial hemp cultivation.

Aura Announces Appointment of Alain Dobkin to Its Board of Directors

Dobkin brings experience in global and Israeli finance and M&A, having managed transactions with aggregate value of ~US$40 billion.

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