Finance: Page 121

Green Growth Brands Launches Takeover Bid for Aphria Inc.

Amid controversial headlines, Green Growth CEO describes $2.1-billion bid as “hostile.”

Biome Announces OTCQB Listing

The company has upgraded its U.S. listing to the OTCQB Venture Market.

Golden Leaf Holdings Ltd. Hires New CEO/President

The cannabis company has announced William Kulczycki as its new CEO and president.

Cannabis Industry’s Hope for California Public Bank Derailed

A new report insists that a public bank would place state funds and workers at risk with no guarantee of success.

FDA Says CBD Products Remain Illegal Post-Farm Bill, Arkansas Releases Medical Marijuana Dispensary Scores: Week in Review

FDA Commissioner Scott Gottlieb restated that CBD is a drug ingredient and therefore illegal to add to food or health products without approval from his agency.

Counterfeiting in Cannabis: How to Protect Your Brand

Partners at Sideman & Bancroft outline the issues the cannabis industry faces when it comes to inauthentic products—and how they can be avoided.

Tree of Knowledge International Corp. Announces Closing of Offer to Acquire Asterion Bio Med Inc.

Through an agreement with Jack Nathan Medical Inc., Asterion has access to one of the largest healthcare systems across Canada for its education and research platform.

Level Brands Closes Acquisition of cbdMD

The company has closed its acquisition of Cure Based Development, LLC, the owner of the nationally recognized consumer products brand cbdMD, in an all-stock transaction.

FSD Pharma Announces Strategic Investment in Huge Shops

Huge Shops has formed an alliance with Coffee Time's parent company, Chairman Brands, to establish a retail distribution network.

Aurora Cannabis Expands Retail Exposure Through Strategic Investment in High Tide

Aurora will invest $10 million in High Tide, a privately held, Alberta-based, retail-focused cannabis and lifestyle accessories company.

Tilray and Budweiser Maker Will Partner to Research Cannabis Drinks

Tilray and Anheuser-Busch will spend up to $50 million apiece on the joint venture; Tilray's CEO says the company was not interested in a direct investment.

Aleafia Acquires Emblem Corp. in Major Canadian All-Stock Deal

The acquisition will have an immediate impact on the early growth of the Canadian adult-use market.

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