Finance: Page 96

CannTrust Fires CEO and Chair in Wake of Illegal Growing

CannTrust Holdings Inc. terminated with cause its CEO Peter Aceto, and demanded the resignation of board chair Eric Paul, who complied.

Canada's New Licensing Favors Richer Companies, Experts Say

A new licensing process for legal cannabis producers in Canada limits the ability of smaller companies to attract investment, industry executives said.

SOL Global Announces Additional US$2 Million Investment in CannCure

The additional capital infusion is to fast track cultivation development and dispensary rollout in California.

Westleaf Signs One-Year, $4-Million White-Label Cannabis Derivative Product Sale Agreement with an Option to Increase to $16 Million

Westleaf has entered into a white labeling agreement with Delta 9 to supply approximately $4 million of cannabis derivative products from its large-scale extraction and manufacturing facility located in Calgary.

Ionic Brands Completes Acquisition of Zoots Premium Cannabis-Infused Edibles and Infused Products

Ionic Brands will extend Zoots Edibles beyond Washington and Colorado to Oregon, California and Nevada.

3 Questions to Ask Your Vape Manufacturer

It is increasingly difficult to identify which companies are reliable and which companies can consistently deliver high-quality, safe and compliant products.

Orchid Ventures Acquires GreenBloom Cannabis

Orchid will purchase retail, cultivation and distribution operations, as well as GreenBloom’s brands in Oregon and California.

Read the Public Comments to the FDA on CBD Policy

The 2018 Farm Bill didn’t legalize CBD, per se; rather, the descheduling of hemp created a legal gray area for the cannabinoid, one which the FDA is working to clarify this year.

Neptune Wellness Solutions Closes US$41 Million Private Placement

Proceeds will be used, in part, to fund the cash portion of the initial consideration for the SugarLeaf acquisition.

Soma Pharmaceuticals Reveals Plans for Ireland’s Medical Cannabis Market

Last month, Ireland authorized a pilot program to grant patients access to cannabis-based products.

Curaleaf to Acquire Grassroots in $875-Million Cash and Stock Deal

"With the acquisition of Grassroots and the pending acquisition of Select, Curaleaf is the world's largest cannabis company by both revenue and operating presence," said CEO Joseph Lusardi.

The Right Way to Acquire a Cannabis Dispensary or Brand

"With dispensaries, we look for a financial picture that illustrates market stability, depth of penetration, and market share of the neighborhoods," the Cannabis One CEO says.

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