Finance: Page 52

SPACs Infused a Tough Capital Market for Cannabis Businesses This Year

Capital markets were already running dry by January, so executive teams and investors began getting creative in connecting dollars to companies.

2020 Saw the Rise of Cannabis Delivery

Because of the “essential business” tag that many states extended to cannabis retailers, it fell to dispensary owners to pivot and meet their customers in new places.

Arkansas Medical Cannabis Sales Top $200 Million

Patients have purchased 30,648 pounds of medical cannabis since the first dispensary opened in May 2019.

Acreage Holdings Names Peter Caldini, Former President Pfizer North America Consumer Healthcare, as CEO

Caldini brings an ideal mix of capabilities and experience to Acreage, having served in several senior leadership positions at major healthcare and consumer packaged goods companies in the U.S. and globally.

Cannabis Business Times’ Top 10 Articles of 2020

A roundup of our most-read stories from the past year.

Aphria and Tilray Combine to Create Largest Global Cannabis Company

A robust supply chain and operational efficiencies are expected to generate approximately C$100 million of pre-tax annual cost synergies.

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.

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