Finance: Page 83

Sacramento’s Cannabis Industry Ensnared in Expanding Campaign Finance Investigation

A stakeholder in a Sacramento dispensary was indicted on campaign finance violations. What does that mean?

FSD Pharma Appoints Former Member of U.S. Congress to its Board of Directors, Announces Share Consolidation

The company has appointed former U.S. Congressman Stephen Buyer to the company’s Board of Directors.

Harborside Inc. Acquires Full Ownership of San Leandro Wellness Solutions

The buy-out of JV partner Dark Heart Nursery allows Harborside to consolidate 100 percent of this strategic asset.

Cannara Biotech Secures $6 Million Mortgage Financing Facility with Canadian Imperial Bank of Commerce

These funds will reduce the existing vendor take-back mortgage, thereby significantly reducing debt service costs.

California Bureau of Cannabis Control Announces Local Equity Grant Funding Recipients

The Bureau awarded a total of $10 million in equity grant funding to 10 local jurisdictions.

Cannafornia Announces New Division For CBD Products

The company's portfolio of CBD topicals, tinctures, capsules and edibles targets sports performance.

Canopy Growth Announces New Chair of the Board of Directors

David Klein has been appointed chair of the company's Board of Directors, effective immediately.

MedMen and PharmaCann Terminate $682-Million Acquisition Deal

The companies announced Oct. 8 that they are abandoning their plans for MedMen to purchase PharmaCann.

How a Real Estate Company Came to Own Three Cannabis Cultivation Facilities in Illinois

Innovative Industrial Properties is purchasing licensed cultivation facilities in the state and leasing them back to the licensees to help them secure funds ahead of the adult-use market launch.

Zelda to Merge With U.S.-Based Ilera Therapeutics to Create Global Therapeutic Medicinal Cannabis Company

The merger between Zelda and Ilera Therapeutics will create a global medicinal cannabis company, which will be rebranded as "Zelira Therapeutics Limited."

MJardin Receives Full Purchase Price from Joint Venture Partner, Begins Phase 2 Development at its Largest Cultivation Facility

Subsequent to its recently announced non-binding letter of intent with Peguis First Nation in connection with its Warman cultivation facility, Peguis has agreed to pay the full amount of the purchase price in advance of the closing of the transaction.

Viola Closes $16 Million Investment Round Led By Gotham Green Partners

This latest round of funding will assist with the acquisition of a 34,500-square-foot cultivation, processing and distribution facility in Adelanto, Calif., as well as the completion of Viola's 48,000-square-foot facility in Detroit, Mich.

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