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Industry Headlines: Page 333
Canopy Buys Rights to Acquire Acreage Holdings for $3.4 Billion in Cross-Border Cannabis Deal
Canopy, the world’s largest cannabis company, will initially pay $300 million in cash to shareholders of New York-based Acreage.
Sanitas Peak Financial, LLC Places $3 Million Debt to Fund Colorado Cultivars USA, LLC Facility Expansion
Proceeds from the debt placement will enable CCU to expand its production capabilities with the development of a new 8,500-square-foot processing facility at its Eaton farm location.
Compass Announces Opening of Clinic in Sydney, Australia
The Canadian medical cannabis service provider has become an internationally-operating medicinal clinic, and it is expanding its service offerings.
8 More Firms to Get Cannabis Licenses in Florida
The new additions to Florida’s rapidly growing medical-marijuana industry come from a pool of applicants that lost out in the first round of licensing in 2015.
Acreage Holdings Enters Nevada Market With Acquisition of Vertically Integrated Deep Roots Medical
Deep Roots marks Acreage’s entry into Nevada, increasing the company’s total state footprint to 20.
Acreage Holdings’ Acquisition of Form Factory Sets Company on Path to Become ‘Procter & Gamble of Cannabis’
The multi-state operator can now manufacture and distribute consistent and scalable products.
Khiron Appoints Former U.S. DEA Regional Director as Security and Compliance Director in Mexico
Larry Holifield is the former U.S. DEA regional director of Mexico and Central America.
Canopy Growth Expands European Footprint, Acquires Spanish Licensed Cannabis Producer Cafina
Cafina is one of three companies in Spain authorized to cultivate and distribute cannabis containing more than 0.2-percent THC.
Marijuana Company of America Completes Agreement for Cannabis Extraction, Distribution and Delivery Licenses
The hemp and cannabis corporation has acquired a 20-percent ownership interest in Natural Plant Extract of California.
DNA Genetics Partners with Good Meds to Bring Global Cannabis Brand to Colorado
DNA's certified library of proprietary genetics, flower and concentrates are available in Colorado for the first time.
Acreage Holdings Announces Closing of Form Factory Acquisition
Acreage acquired all of the issued and outstanding shares of Form Factory.
Innovative Industrial Properties Acquires California Property Portfolio and Enters into Long-Term Leases with Licensed Operator
The acquisition represents IIP's second investment in California, which expands its footprint to 18 properties in 11 states.
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