Finance: Page 51

Curaleaf Completes Acquisition of Grassroots' License in Arizona

Curaleaf's acquisition of Grassroots itself is expected to close early next week.

Pennsylvania State Senators Issue Letter to Gov. Tom Wolf Urging Adult-Use Legalization Consideration

Fifteen Democratic state senators say legalization would lesson the blow of the economic shortfall caused by the coronavirus pandemic.

Increasing Popularity of 7/10 Exemplifies Rise in Cannabis Concentrates

Cannabis concentrates are one of the fastest-growing product categories, gaining attraction from consumers and companies looking to expand their operations.

Schwazze, Formerly Operating as Medicine Man Technologies, Terminates Los Suenos Farms and Dabble Extracts Acquisitions

Throughout the M&A process, key business and valuation issues were identified and, as such, Schwazze decided to no longer pursue the acquisitions.

Illinois Cannabis Sales Top $47 Million in June

June now holds the record for the highest sales figures in the state.

AT-CPC Separates From Calyx and Rebrands to Become Klutch Cannabis

Klutch is now wholly-owned and operated from within Ohio.

Former Steep Hill Labs CEO Sues Company and Investors to Block Sale of Assets

Former CEO and Chairman Jmichaele Keller alleges in his lawsuit that the sale of assets to competitor EVIO would dismantle Steep Hill’s business and decrease shareholders’ value.

Cannasure Announces Jim McErlan as Director of Business Development

McErlan had previously worked at NSM Insurance Group and the National Association of Home Builders.

Aurora Cannabis Names Miguel Martin as Chief Commercial Officer

The current head of Reliva LLC will replace Darren Karasiuk, who had served in the position since February 2019.

New Terms Announced for Canopy Growth-Acreage Holdings Merger, California Extends Cannabis License Fee Deferrals: Week in Review

This week, Canopy Growth and Acreage Holdings amended the terms of their merger deal, which has significantly dropped in value.

Louisiana’s Second Licensed Medical Cannabis Cultivator Prepares to Sell First Products

Ilera Holistic Healthcare plans to sell products from its first harvest to the state’s medical cannabis pharmacies this week.

Whistleblower Alleges that U.S. Attorney General William Barr Launched Unfounded Antitrust Investigations into Cannabis Mergers

John Elias, a career employee at the Department of Justice, testified that Barr ordered the investigations due to his personal dislike of the industry.

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