Finance: Page 85

Cresco Labs Enters Into Sale-and-Leaseback Agreement with Innovative Industrial Properties for Illinois Facilities

The company has signed a binding agreement to sell its Joliet and Kankakee, Ill. properties to Innovative Industrial Properties, Inc. for approximately $46.3 million.

Bruce Linton Joins Better Choice Co. as Special Adviser

The CBD animal health and wellness company hopes to glean R&D lessons from Linton’s background.

Massachusetts Cannabis Control Commission Approves New Medical Cannabis Regulations

Under the new rules, medical dispensaries must write a plan for their financial hardship programs into their licensing applications to be considered during the licensing process.

How Vaping Backlash Affects Major Tobacco-Backed Investments in Cannabis

Altria invested $1.8 billion in Cronos Group’s future. Now, the vape market is under scrutiny.

U.S. House Passes SAFE Banking Act

The banking reform bill now goes to the U.S. Senate, where passage is less certain.

Delta 9 to Acquire Two Cannabis Retail Stores in Alberta

Delta 9 Cannabis has entered into a binding letter of intent with Modern Leaf Group to sign an agreement to acquire all assets of the two proposed retail cannabis stores in Alberta.

FSD Pharma Signs LOI to Establish Joint Venture with World-Class Extractions to Deploy Full Extraction Processing Center

The joint venture will develop, manage and operate a cannabis extraction processing center at FSD Pharma's facility in Cobourg, Ontario.

Diego Pellicer Worldwide, Inc. Executes Letter of Intent to Purchase Second Cannabis Cultivation Facility in Denver

The company is advancing its business model into direct ownership.

Eaze Launches Momentum, a Cannabis Business Accelerator to Cultivate the Growth and Success of Underrepresented Founders

The program includes 10 entrepreneurs, $50,000 grants, 10 weeks of business-development courses, marketing and retail resources, and access to industry-defining investors.

Dixie Brands Announces Warrant Extension

The new expiry date for the warrants is Oct. 1, 2020.

Nextleaf Solutions Acquires Water-Soluble Technology for Cannabis Beverages

The intellectual property enables the creation and formulation of premium infused products, delivers a repeatable consumer experience, and can be produced at mass market scale.

Altitude Investment Management, plc Invests $5.5 Million in KannaSwiss AG

This marks AIM plc's first investment in the European cannabis market.

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