Tag: CBT > Business Issues/ Benchmarks > Finance: Page 77

Finance

Flower One Commences Negotiations to Acquire Strategic Property in California and Provides Nevada Sales Update

Sales from the company's Nevada operations are tracking strong with a compound weekly growth rate of 15 percent.

November 4, 2019

Finance

Aphria Inc. Doubles Production Capacity After Receiving Cultivation License for Aphria Diamond

Aphria Diamond adds 140,000 kg of annualized cannabis production; Aphria Inc. now has total annualized production capacity of 255,000 kg.

November 4, 2019

Finance

Diego Pellicer Worldwide, Inc. Appoints Nello Gonfiantini III As Chief Executive Officer

In addition, company veteran Christopher Strachan has joined the board of directors.

November 4, 2019

Legislation and Regulation

Washington’s Cannabis Industry Reacts to Emergency Vape Regulations

Stakeholders view the vape crisis as an opportunity for businesses to reevaluate their processes and products—and for regulators to roll out more comprehensive regulations.

November 4, 2019

Legislation and Regulation

The Cannabis Lobby Is a Growing Force on Capitol Hill

Industry spending is growing year-over-year, with no signs of slowing down.

November 4, 2019

Finance

Valens GroWorks and BRNT Ltd. Enter Into White Label Deal

Valens will produce a minimum of 2.2 million vape pens on behalf of BRNT Ltd. for the Canadian market over an initial two-year term.

October 31, 2019

Mergers and Acquisitions

Kali-Extracts Entertains $50 Million Cannabis Biopharmaceutical Technology Acquisition Valuation

Kali management has entered discussions with the investor but not formally expressed at this point that it is willing to consider a sale.

October 30, 2019

Finance

Cresco Labs Announces Expiration of HSR Act Waiting Period for the Proposed Acquisition of Tryke Companies

The transaction is anticipated to close during the first half of 2020 and is subject to certain closing conditions, including the approval from the states of Nevada, Arizona and Utah.

October 30, 2019

Finance

Nabis Holdings Closes Acquisition of Emerald Phoenix and Infusion Edibles in Arizona

The closing of the acquisition is non-dilutive as no Nabis common shares are issued.

October 28, 2019

Finance

John Kaden Resigns from CannTrust's Board of Directors

With a remediation plan in place, the company is focused upon Board renewal.

October 28, 2019

Finance

Harborside Inc. Announces Interim CEO and Expansion of Management Team

The company is making new appointments to Harborside's leadership as it reaffirms its commitment to expansion plans.

October 28, 2019

Finance

Choom Appoints Corey Gillon as Chief Executive Officer

The strengthening of Choom's senior management team is a major component of the company's strategic initiative to become a nation-wide cannabis retail organization.

October 28, 2019