Tag: CBT > Business Issues/ Benchmarks > Finance: Page 104

Finance

NEO Emerging as CSE Rival as U.S. Cannabis Company Goes Public With Canaccord’s Help

Columbia Care Inc. made an unconventional public market debut, choosing to list on the little-known Toronto-based Aequitas NEO Exchange.

May 1, 2019

Interviews & Opinion

The Year of the Megamerger: A Look at 2019 Cannabis M&A Trends

A focus on vertical integration and brand acquisition will drive M&A activity this year, according to Adnant Consulting CEO Sabas Carrillo.

April 25, 2019

Finance

Applied DNA Receives Initial $1 Million Payment from TheraCann International

The balance of $4 million in payments to Applied DNA is expected by mid-August in accordance with the terms of a March 29 agreement.

April 24, 2019

Finance

SOL Global to Extend Cannabis Operations to Michigan With $150 Million Acquisition

MCP Wellness holds the rights to acquire two Michigan cultivation licenses, a processing license, and three dispensaries.

April 24, 2019

Finance

Cresco Labs Announces Profitable Fourth Quarter 2018 Financial Results

The company announced revenue growth of 411 percent year-over-year and 33 percent quarter-over-quarter.

April 24, 2019

Mergers and Acquisitions

FSD Pharma to Acquire Prismic Pharmaceuticals

The transaction positions FSD to help contribute to addressing the opioid crisis through the use of synthetic cannabinoids.

April 23, 2019

Illinois

Illinois Wants to Set Aside $8 Million to Regulate Recreational Marijuana

Gov. J.B. Pritzker’s 2020 budget proposal includes a provision for the funding, which is more than double the amount the Agriculture Department would receive to continue its work on the medical side.

April 23, 2019

Finance

MJardin Announces Acquisition of Cannabella

The acquisition adds extraction capabilities and consumer products to the company's Nevada portfolio.

April 22, 2019

Legislation and Regulation

Dem Says Marijuana Banking Bill Will Get House Vote This Spring

Rep. Earl Blumenauer said that the House will vote later this spring on legislation allowing banks to work with marijuana businesses in certain states.

April 22, 2019

Mergers and Acquisitions

Canopy Growth to Acquire Acreage Holdings in $3.4-Billion Deal—Contingent on U.S. Federal Legalization of Cannabis

Here, we break down this international M&A deal and explain what it means for the industry.

April 18, 2019

Finance

Constellation Brands Extends Rights to Exercise Warrants in Canopy Growth

This move follows Canopy’s acquisition of Acreage Holdings—contingent on U.S. federal legalization.

April 18, 2019

Legislation and Regulation

Cannabis Banking Bill Reintroduced in U.S. Senate, Canopy Growth Corp. to Buy Acreage Holdings: Week in Review

Sens. Jeff Merkley and Cory Gardner have reintroduced the SAFE Banking Act, while the House companion bill gains momentum.

April 18, 2019