Tag: CBT > Business Issues/ Benchmarks > Mergers and Acquisitions: Page 19

Finance

Cresco Labs to Expand Into Florida Through Acquisition of Bluma Wellness Inc.

The company will now have operations in all seven cannabis markets that fall within the top 10 most populated states in the U.S.

January 14, 2021

Mergers and Acquisitions

U.S. Senate Approves Legislation to Expand Medical Cannabis Research, Missouri Judge Rejects Lawsuit Over State’s Cultivation License Cap: Week in Review

The Senate passed a bill this week that would allow the attorney general to increase the number of federally licensed entities authorized to cultivate cannabis for research purposes.

December 26, 2020

Mergers and Acquisitions

Columbia Care Signs Definitive Agreement to Acquire Green Leaf Medical

The acquisition substantially expands Columbia Care's footprint and operating scale in the East Coast and Mid-Atlantic regions.

December 22, 2020

Finance

Ayr Strategies Enters into Agreements to Expand Footprint with Strategic Acquisitions in Florida and New Jersey

Ayr has announced the proposed acquisition of Liberty Health Sciences, a vertically integrated operator in Florida, and GSD NJ LLC, a licensed operator in New Jersey.

December 22, 2020

Finance

SPACs Infused a Tough Capital Market for Cannabis Businesses This Year

Capital markets were already running dry by January, so executive teams and investors began getting creative in connecting dollars to companies.

December 21, 2020

Legislation and Regulation

Attorney General William Barr Resigns, New Jersey Legislature Sends Adult-Use Cannabis Bill to Governor: Week in Review

President Donald Trump announced that Barr’s current deputy attorney general, Jeffrey Rosen, will become acting attorney general when Barr officially steps down next week.

December 19, 2020

Finance

Aphria and Tilray Combine to Create Largest Global Cannabis Company

A robust supply chain and operational efficiencies are expected to generate approximately C$100 million of pre-tax annual cost synergies.

December 16, 2020

Finance

Columbia Care Acquires California's Project Cannabis

The transaction comprises $52.5 million in Columbia Care stock and another $16.5 million that’s expected to come from the sale of Project Cannabis’s real estate assets.

December 15, 2020

Finance

Verano Holdings Enters Into an Agreement for a Go-Public Transaction in Conjunction with AltMed Merger

The transaction will be effected by Verano participating in a reverse takeover of Majesta Minerals Inc.

December 15, 2020

Legislation and Regulation

10 Notable M&A Deals That Happened (and Didn’t) in 2020

Lower valuations and the coronavirus pandemic made for an interesting year of mergers and acquisitions in cannabis. Here, we look back on this year’s most talked-about transactions.

December 14, 2020

Finance

WM Holding Company, LLC to List on Nasdaq Through Merger with Silver Spike Acquisition Corp.

WM Holding Company operates Weedmaps and WM Business, a comprehensive software-as-a-service subscription offering for cannabis retailers and brands.

December 10, 2020

Legislation and Regulation

U.S. House Passes MORE Act, UN Votes to Remove Cannabis From List of Most Dangerous Drugs: Week in Review

This week, the industry celebrated two major votes.

December 5, 2020