Tag: CBT > Business Issues/ Benchmarks > Mergers and Acquisitions: Page 28

Interviews & Opinion

Red White & Bloom Brands Acquires Platinum Vape

The company has signed a binding letter of intent to purchase Platinum, a producer of vape cartridges, edibles and flower that is spearheaded by father-and-son team George and Cody Sadler.

July 29, 2020

Mergers and Acquisitions

Curaleaf Announces Acquisition of Grassroots

The purchase expands Curaleaf into five new states, and the company is now in almost half of the U.S.

July 23, 2020

Nevada

Planet 13 Acquires Las Vegas Cultivation Facility

The company entered into a purchase agreement to acquire the assets and 45,000-square-foot production facility from West Coast Development.

July 21, 2020

Finance

Australis Capital Faces Lawsuit Over Planned Property Sale, Pivot from Cannabis Cultivation

Nevada cultivator and manufacturer Green Therapeutics is suing for breach of contract and other claims, while another investor has publicly aired grievances.

July 13, 2020

Finance

Curaleaf Completes Acquisition of Grassroots' License in Arizona

Curaleaf's acquisition of Grassroots itself is expected to close early next week.

July 13, 2020

Finance

Schwazze, Formerly Operating as Medicine Man Technologies, Terminates Los Suenos Farms and Dabble Extracts Acquisitions

Throughout the M&A process, key business and valuation issues were identified and, as such, Schwazze decided to no longer pursue the acquisitions.

July 9, 2020

Legislation and Regulation

New Terms Announced for Canopy Growth-Acreage Holdings Merger, California Extends Cannabis License Fee Deferrals: Week in Review

This week, Canopy Growth and Acreage Holdings amended the terms of their merger deal, which has significantly dropped in value.

July 4, 2020

Finance

Whistleblower Alleges that U.S. Attorney General William Barr Launched Unfounded Antitrust Investigations into Cannabis Mergers

John Elias, a career employee at the Department of Justice, testified that Barr ordered the investigations due to his personal dislike of the industry.

July 1, 2020

Finance

Acreage Acquires Compassionate Care Foundation

Acreage assumes 100% control of the operations of the New Jersey-based cannabis company.

June 29, 2020

Finance

Canopy Growth and Acreage Holdings Amend the Terms of Their Merger

The deal, originally valued at $3.4 billion, is now valued at roughly $843 million.

June 29, 2020

Pennsylvania

Jushi Set to Acquire Pennsylvania Grower

The proposed acquisition of Pennsylvania Medical Solutions would solidify Jushi's position in the Pennsylvania market.

June 22, 2020

Louisiana

Louisiana Governor Signs Medical Cannabis Expansion into Law, New Jersey Assembly Approves Decriminalization Bill: Week in Review

This week, Louisiana Gov. John Bel Edwards signed a bill into law that allows doctors to recommend medical cannabis for any condition.

June 20, 2020