Tag: CBT > Business Issues/ Benchmarks > Mergers and Acquisitions: Page 31

Finance

Nabis Holdings Expands Arizona Footprint with Acquisition of 44,000-Square-Foot Cultivation, Fulfillment and Production Facility

This is Nabis' second announced acquisition in Arizona following its definitive agreement to acquire a licensed medical marijuana business including a Phoenix dispensary.

September 10, 2019

Legislation and Regulation

Illinois Awards First Adult-Use Cannabis Dispensary Licenses, Missouri Sees Surge of Medical Marijuana Business License Applications: Week in Review

Illinois awarded its first five adult-use cannabis retail licenses this week, with dozens more licenses expected to be awarded in the coming weeks.

September 7, 2019

Mergers and Acquisitions

Aleafia Health Expands Outdoor Cannabis Cultivation Facility Through Property Acquisition

The company has purchased an additional 60 acres adjacent to its current Port Perry cultivation facility.

September 5, 2019

Finance

Medicine Man Technologies to Bolster Retail Distribution Channels With Planned Acquisition of Colorado Harvest Company

Under the terms of the transaction, Medicine Man Technologies will purchase Colorado Harvest for $12.5 million.

September 4, 2019

Mergers and Acquisitions

BevCanna Signs Letter of Intent for 130-Acre Outdoor Cannabis Cultivation

The joint venture with Clearwater CannGrow will allow the company to grow certified organic sun-grown cannabis.

September 4, 2019

Mergers and Acquisitions

The Green Organic Dutchman Welcomes New Investors, Provides Update on Aurora Ownership

The recent transaction between Aurora Cannabis and a syndicate of Canadian banks improves revenue and margin potential by recovering offtake of TGOD's organic cannabis.

September 4, 2019

Finance

Diego Pellicer Worldwide, Inc. Executes Letter of Intent to Purchase Denver Cannabis Retail Operation

The 3,300-square-foot retail location is projected to have gross sales exceeding $8.5 million in 2019 and $9.5 million in gross sales in 2020.

September 4, 2019

Legislation and Regulation

DEA Announces Cannabis Research Expansion Plans, Washington Eyes Bill Allowing Growers to Deliver: Week in Review

The DEA has pledged to take steps to approve additional federal cultivation licenses from a pool of applications that have been pending for nearly three years.

August 31, 2019

Nevada

Green Growth Brands Continues Expansion with Acquisition of Second The+Source Location

The acquisition of The+Source Henderson brings Green Growth Brands’ Nevada assets to a total of two The+Source locations, one production facility, two cultivation facilities and seven dispensary licenses.

August 29, 2019

Finance

Green Thumb Industries Acquires One of New York’s 10 Vertically Integrated Cannabis Licenses

Chicago-based GTI’s $60-million deal follows blockbuster transactions closed by MedMen, Pharmacann and Cresco Labs in New York.

August 29, 2019

Finance

TerrAscend Enters Into Agreements to Acquire State Flower

TerrAscend has also extended a line of credit of up to $3.75 million to State Flower for cultivation facility improvements to expand production capacity.

August 28, 2019

Mergers and Acquisitions

Green Hygienics Holdings Inc. Completes Acquisition of 824-Acre Potrero Ranch Hemp Cultivation Property

The company will utilize the land and buildings for industrial hemp for CBD cultivation.

August 27, 2019