Industry Headlines: Page 6

Trulieve Repays $65 Million Mortgage, Strengthening Balance Sheet

The cannabis company announced the full repayment of its mortgage notes secured by a Florida cultivation facility.

Texas Hemp Business Council Issues Voter Guide on Hemp Policy

The candidate questionnaire examines positions on the future of Texas’ hemp industry.

Curaleaf Files Update to Offering Circular

The cannabis company has filed a formal update to its circular incorporating its previously announced increased offer for Aurora.

Spherex Acquires 2 Colorado Cultivation Facilities From Cannabist to Become Vertically Integrated

The company’s first acquisition will more than double Spherex’s workforce, expand the brand into cultivation and strengthen control over its supply chain.

Aurora Maintains Shareholder Recommendation to Take No Action; Curaleaf Has Yet to File Revised Bid

Once Curaleaf files a Notice of Variation and Change to revise its offer, Aurora’s special committee will complete a comprehensive review.

Cannara Expands International Supply Agreement With Curaleaf

The amended agreement has a potential aggregate contract value of approximately C$34 million over its two-year term.

Vireo Growth Announces Financing for New York, Florida Cultivation Facilities

The transaction supports ownership of key cultivation and production infrastructure in two core markets

SNDL Board Director Abruptly Resigns

Carolo Cannell’s resignation is effective ‘immediately.’ The cannabis company provided no further details.

Curaleaf Enhances Offer to Acquire Aurora Cannabis in Takeover Bid

The cannabis company increased the total implied consideration by 25% to US $5 per Aurora share, representing a premium of 86% to Aurora’s unaffected share price.

AYR Wellness Announces Completion of Ohio Asset Transfer

The closing is the first transfer of its Ohio operations into wholly-owned subsidiaries of Arboretum Bidco.

Curaleaf International Secures Australian 1st With TGA-Registered Liquid Medical Cannabis Inhalation Device

In partnership with Jupiter Research, cannabis company’s Que Medical Inhalation Device is also available in New Zealand.

Jim Belushi Endorses No on 8: Stop the Repeal Campaign

The founder of Belushi’s Farm added his support to the Massachusetts campaign aiming to preserve the state’s adult-use cannabis laws.

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