Finance: Page 66

Canada’s Cannabis Industry Barred from Receiving Business Loans as Part of COVID-19 Relief Efforts

Ottawa has unveiled a plan to aid the economy as coronavirus continues to spread and forces businesses to close, but banks have refused to extend this assistance to the cannabis industry.

Ayr Strategies Expands Paid Sick Leave With Help From United Food and Commercial Workers International Union

This is an immediate move to help counteract the encroaching public health crisis brought on by the spread of COVID-19 in North America.

Arkansas Medical Cannabis Sales Top $50 Million

The state has 20 operational dispensaries, with 13 more set to open.

Canopy Growth and TerrAscend Canada Enter Debt Financing Arrangement

Canopy Growth is completing a C$80.5 million loan to TerrAscend Canada Inc.

High Times Announces Trading Symbol Ahead of Planned Listing

Upon completion of certain regulatory formalities, Hightimes Holding Corp., the owner of High Times, will trade under the symbol “HTHC.”

Left Coast Ventures Announces Acquisition of Sisu Extracts

The upstream acquisition expands Left Coast Ventures' Value chain.

Alberta Raises Excise Tax on Cannabis Vape Products to Nearly 45%

The Alberta Cannabis Council is speaking out against the increased tax, which Executive Director John Carle says will drive consumers back to an already thriving illicit market.

SLANG Worldwide Inc. Announces Agreement to Acquire Cultivate Brands Corp.

Cultivate is a privately-owned company with a portfolio of brands and other intellectual property which are complementary to SLANG's portfolio.

Canndoc and Super-Pharm Sign Long-Term Partnership Agreement

Super-Pharm will purchase 10 tons of medical cannabis GMP products from Canndoc over a three-year period.

Harvest One Announces Sale of Non-Core Interest in Burb and Lillooet Property for Total Proceeds of $2.3 Million

Harvest One has sold its 19.9% equity stake in Burb back to the founders of Burb and has forgiven a shareholder loan.

Emerald Health Therapeutics Signs LOI with Sigma Analytical Services

Emerald has agreed to sell its Avalite analytical testing business and establish a preferred testing services relationship.

Emerald Health Therapeutics, Pure Sunfarms and Village Farms Settle All Disputes

On completion of a settlement, the arbitration process involving the parties will be discontinued.

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