Finance: Page 124

Small Marijuana Investors to See Less Scrutiny Under New Michigan Bill

Those with a small ownership stake in marijuana businesses wouldn’t have to go through an extensive background check under a bill that passed the House.

5 Tips for Preparing a Cannabis Business M&A Strategy

Dena Jalbert, CEO of Align Business Advisory Services, offers helpful perspectives on cannabis market consolidation trends.

Marlboro Maker Altria Acquires 45-Percent Stake in Cronos Group. What Does That Mean for the Future of Cannabis?

The $1.8-billion investment is a bellwether headline for a global industry on the brink of explosive growth.

UPDATED: U.S. Senate, House Approve 2018 Farm Bill, Which Includes Hemp Legalization Provision

Now, the $867-billion bill heads to the desk of President Trump.

Aurora Cannabis Stock Fails to Hold Gains After Company Unveils Plans to Buy Mexican Partner

The Canadian cannabis company said it has entered a letter of intent to buy all of Farmacias Magistrales SA’s outstanding shares in an all-stock deal.

Dixie Brands Inc. Announces Third Quarter 2018 Financial Results

The consumer packaged goods company has announced its financial results for the three-month and year-to-date periods ended Sept. 30, 2018.

Liberty Health Sciences Experiences Significant Increase in Year-Over-Year Revenue, Provides Update on Liberty 360 and Ohio Operations

For the quarter ended Nov. 30, 2018, revenue increased by 45 percent compared to the quarter ended Aug. 31, 2018.

Cresco Labs Announces Profitable Third Quarter 2018 Financial Results

The company experienced revenue growth of 335 percent year-over-year and 51 percent quarter-over-quarter.

How Michigan Cannabis Businesses Are Preparing for an Adult-Use Market

This vote will have far-reaching implications, as Michigan already has the second-largest medical marijuana market by cardholder count in the U.S.

Cresco Labs Appoints Beverage Branding Executives to Team

Cory Rothschild has been named Vice President of Brand Marketing and Cris Rivera has been named Vice President of Consumer Experience.

Green Peak Innovations Approved for All 12 Medical Cannabis Cultivation Licenses in Michigan

The Lansing-based company has applied for 12 class C cultivation licenses, one processor license and 19 provisioning center licenses in Michigan.

Cronos Group Inc. Announces C$2.4 Billion Strategic Investment From Marlboro Maker Altria Group Inc.

The investment from the manufacturer of Marlboro cigarettes provides Cronos Group with additional capital for global growth.

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