Tag: CBT > Business Issues/ Benchmarks > Mergers and Acquisitions: Page 42

Finance

Stem Holdings Inc. Enters the Global Cannabis and Industrial Hemp Market With Acquisition of South African Ventures Inc.

The eSwatini facility will be located on 2,500 acres at The Science Park Matsapha for cannabis and industrial hemp cultivation.

March 26, 2019

Florida

Choom Signs LOI to Enter Florida Market Through Investment in Vertically Integrated Cannabis Applicant

Choom will purchase a 95-percent equity interest in the Florida-based cannabis applicant.

March 25, 2019

Mergers and Acquisitions

Canopy Growth Acquires Hemp Company to Accelerate Expansion in the United States

The vision proposed by AgriNextUSA would involve creating Hemp Industrial Parks such as the one previously announced in New York State.

March 21, 2019

Finance

International Cannabis Corp., Wayland Holdings Seek Global Transaction

The two companies will place a focus on emerging markets in Europe.

March 21, 2019

Finance

HEXO Would Quadruple Cannabis Cultivation Space in Canada with Newstrike Brands Acquisition

The deal could increase HEXO’s cannabis production capacity to 150,000 kilograms per year.

March 21, 2019

Finance

Legends Business Group, Inc. Initiates Reverse Merger, Set to Generate $1.2 Million in Revenue

The company has initiated a reverse merger with Global Cannabis Corp., a Canadian medical cannabis clinic and education center network with 320,000 patients to date.

March 20, 2019

Finance

Marijuana Company of America Acquires Interest in Licensed California Manufacturing and Distribution Company

The move will establish a Joint Venture to operate a California cannabis delivery service named Viva Buds.

March 20, 2019

Florida

Cresco Labs Enters Florida Medical Cannabis Market With $120-Million Acquisition

The deal provides Cresco Labs a Medical Marijuana Treatment Center license in Florida.

March 18, 2019

Massachusetts

Curaleaf to Buy Nevada’s Acres Cannabis for $70 Million

The addition of Acres’ cultivation platform will provide Curaleaf with 42,000 sq. ft. of functioning climate-controlled greenhouses.

March 18, 2019

Legislation and Regulation

New Jersey Cannabis Vote Expected This Month, U.S. Border Patrol Sued Over Cannabis Policy: Week in Review

A law firm has filed a civil complaint to obtain records concerning CBP’s policy of denying foreign citizens entry to the U.S. due to any involvement with the cannabis industry.

March 15, 2019

Florida

SOL Global Announces Receipt of Approval for Sale and Transfer of Florida 3 Boys Farms Operations and Assets

SOL Global has confirmed that the first dispensaries will open in Florida in April 2019.

March 13, 2019

Mergers and Acquisitions

Acreage Holdings Enters California Dispensary Market with Acquisition of Kanna, Inc.

Kanna, Inc. holds a license to operate a cannabis dispensary in Oakland, Calif.

March 13, 2019