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

Mergers and Acquisitions

What to Look For in Valuing a Cannabis Business

As the legal cannabis market continues to prosper and grow, sophisticated investors and sellers need to know where hidden values are in a business.

October 17, 2019

Finance

Ikanik Farms Announces 100-Percent Acquisition of Pideka SAS, a Colombian Medical Cannabis Company

Ikanik farms aims to obtain GMP certification for the Colombian operation to export medical cannabis products to international markets.

October 16, 2019

Mergers and Acquisitions

Canavation Product Group Acquires Consumer Product Division From Teewinot Life Sciences

Canavation is entering the cannabinoid consumer product space.

October 16, 2019

International

Canopy Growth Announces Sale of Stake in AusCann

The companies will continue to collaborate in the Australian market.

October 15, 2019

Finance

Canopy Growth Completes Previously Announced Acquisition of Beckley Canopy Therapeutics

Canopy has closed the previously announced acquisition of all outstanding shares in the global cannabinoid-based research company Beckley Canopy Therapeutics.

October 15, 2019

Legislation and Regulation

MedMen-PharmaCann Acquisition Falls Apart, New Report Says Vaping-Related Illnesses Similar to Chemical Burns: Week in Review

MedMen and PharmaCann have terminated a $682-million acquisition deal that would have allowed MedMen to purchase PharmaCann in an all-stock transaction.

October 12, 2019

Mergers and Acquisitions

Harborside Inc. Acquires Full Ownership of San Leandro Wellness Solutions

The buy-out of JV partner Dark Heart Nursery allows Harborside to consolidate 100 percent of this strategic asset.

October 11, 2019

Finance

MedMen and PharmaCann Terminate $682-Million Acquisition Deal

The companies announced Oct. 8 that they are abandoning their plans for MedMen to purchase PharmaCann.

October 10, 2019

Finance

Zelda to Merge With U.S.-Based Ilera Therapeutics to Create Global Therapeutic Medicinal Cannabis Company

The merger between Zelda and Ilera Therapeutics will create a global medicinal cannabis company, which will be rebranded as "Zelira Therapeutics Limited."

October 9, 2019

Mergers and Acquisitions

MJardin Receives Full Purchase Price from Joint Venture Partner, Begins Phase 2 Development at its Largest Cultivation Facility

Subsequent to its recently announced non-binding letter of intent with Peguis First Nation in connection with its Warman cultivation facility, Peguis has agreed to pay the full amount of the purchase price in advance of the closing of the transaction.

October 8, 2019

New York

Cresco Labs Announces Closing of Acquisition in New York State

Cresco now holds one of only 10 vertically integrated cannabis business licenses issued by the state of New York.

October 8, 2019

Legislation and Regulation

Square Welcomes CBD Sellers, Pennsylvania Lawmaker Introduces Cannabis Legalization Bill: Week in Review

Square officially launched payment processing services for the industry Oct. 3, after previously offering the services as part of a beta program.

October 5, 2019