Industry Headlines: Page 350

The Cannabis Business Is Booming—But That’s Not Necessarily Good If You’re an Investor

The pot industry faces a “massive inflationary bubble,” Canopy Growth's CEO said at the World Economic Forum.

Cronos Group Inc. Announces Closing of $65 Million Credit Facility

Cronos has entered into a credit agreement with with Canadian Imperial Bank of Commerce and the Bank of Montreal.

Caliva Raises $75M to Invest in California

The California cannabis brand is building a war chest to fund production and expansion with investments from California legends Carol Bartz and Joe Montana.

Tilray to Acquire Cannabis Cultivator Natura Naturals Holdings

Tilray will buy the Leamington, Ontario-based cultivator for C$35 million.

Aphria Urges Shareholders to Take No Action With Respect to Unsolicited Takeover Bid by Green Growth Brands

Green Growth Brands has commenced an unsolicited take-over bid to acquire all outstanding common shares of Aphria.

Travelers Caught Carrying Small Amounts of Cannabis Into Canada Could Be Hit With Fines

Since Oct. 17, adults in Canada have been allowed to possess and share up to 30 grams of cannabis.

Massachusetts Marijuana Growers Say Cannabis Control Commission Should Be Allowed to Regulate Municipal Marijuana Agreements

An advocacy group is asking the courts to give the commission authority to regulate host community agreements signed between municipalities and marijuana shops.

High Times to Acquire Spannabis

The deal terms included $3 million cash due at closing and $4 million in Hightimes common stock.

CBS Rejects Super Bowl Ad on Benefits of Medical Marijuana

Acreage Holdings said it produced a 60-second ad that shows three people suffering from varying health issues who say their lives were made better by use of medical marijuana.

North Dakota Begins Issuing Medical Marijuana Cards

Medical marijuana could become available in eastern North Dakota within a few weeks, with dispensaries operating statewide by early fall.

Kona Gold Solutions, Inc. Enters Partnership With Huck’s Convenience Store Chain

Huck's will sell the company's products in more than 120 stores.

Two Hands Corporation Signs Agreement to Purchases Colombian Cannabis License

The custom application development company has agreed to purchase the license to grow, export and hold cannabis and CBD derivatives from Platro Inc S.A.S.

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