Finance: Page 41

Columbia Care Acquires California's Project Cannabis

The transaction comprises $52.5 million in Columbia Care stock and another $16.5 million that’s expected to come from the sale of Project Cannabis’s real estate assets.

Verano Holdings Enters Into an Agreement for a Go-Public Transaction in Conjunction with AltMed Merger

The transaction will be effected by Verano participating in a reverse takeover of Majesta Minerals Inc.

Shawn 'JAY-Z' Carter Debuts MONOGRAM

Carter's maiden cannabis brand marks the first product launch since he accepted the role of Chief Visionary Officer with Caliva.

10 Notable M&A Deals That Happened (and Didn’t) in 2020

Lower valuations and the coronavirus pandemic made for an interesting year of mergers and acquisitions in cannabis. Here, we look back on this year’s most talked-about transactions.

U.S. House Passes Cannabis Research Bill, New Jersey Lawmakers Reach Deal on Adult-Use Legislation: Week in Review

This week, the House passed bipartisan legislation that would allow scientists to study state-approved cannabis products.

Clever Leaves Successfully Delivers First Shipment of EU GMP Certified Cannabis-Derived Pharmaceuticals from Colombia to Germany

Clever Leaves has expanded its global capabilities and the development of market-specific pharmaceutical products.

Liberty Health Sciences Appoints Vice President of Operations

Darrin Potter will report directly to the interim CEO, George Gremse.

WM Holding Company, LLC to List on Nasdaq Through Merger with Silver Spike Acquisition Corp.

WM Holding Company operates Weedmaps and WM Business, a comprehensive software-as-a-service subscription offering for cannabis retailers and brands.

New Mexico Advisory Board Recommends Increasing Medical Cannabis Plant Count

The board recommended that the state health secretary consider allowing licensed cultivators to grow more plants to alleviate concerns about the high cost of medical cannabis and the lack of variety.

Canopy Growth to Close Additional Canadian Cultivation Sites

The company will shutter roughly 17% of its indoor cultivation space and all of its outdoor cultivation sites, and will lay off about 220 employees.

DNA Genetics Announces First Strategic Alliance Agreement in California With Natura Life + Science

The agreement will grant Natura license to DNA Genetics, Crockett Family Farms and associated family of brands, as well as access to their proprietary award-winning genetics and standardized operating procedures.

U.S. House Passes MORE Act

The bill, H.R. 3884, removes cannabis from the U.S. Controlled Substances Act.

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