Tag: CBT > Business Issues/ Benchmarks > Finance: Page 81

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

Finance

Viola Closes $16 Million Investment Round Led By Gotham Green Partners

This latest round of funding will assist with the acquisition of a 34,500-square-foot cultivation, processing and distribution facility in Adelanto, Calif., as well as the completion of Viola's 48,000-square-foot facility in Detroit, Mich.

October 8, 2019

Finance

Aleafia Health Completes Construction, Secures Full Occupancy at Paris Processing Facility Expansion

The expansion features an initial 115,000 kg of dried flower equivalent annual extraction capacity, with ability for further expansion on-site.

October 7, 2019

Finance

Surterra Wellness Announces Corporate Name Change to Parallel

The rebranding reflects the company's position as a rapidly growing, global well-being company and reaffirms its commitment to improving the quality of life through the benefits of cannabinoids.

October 7, 2019

Finance

Australia’s Government Invests $3 Million in Medical Cannabis Research

The federal government will provide the funds to investigate how cannabis can help cancer patients.

October 7, 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

Finance

Square Offers Payment Processing Services to CBD Businesses

The company will now allow U.S. businesses to sell CBD products on its platform.

October 4, 2019

Interviews & Opinion

How Can Cannabis Companies Prepare for Banking Reform?

Now that the SAFE Banking Act has cleared the U.S. House, the industry should get its financial house in order to ensure a smooth transition from cash-run to banked businesses.

October 3, 2019

Legislation and Regulation

Diego Pellicer Plans to Become a Fully Integrated Cannabis Company

The company has announced several letters of intent to purchase retail, manufacturing and cultivation assets in Colorado.

October 3, 2019

Finance

GABY to Acquire Premium Organic CBD Brand 2Rise Naturals

2Rise owns a portfolio of high-quality organic CBD products including, THC-Free CBD tincture, full-spectrum tincture with turmeric or vanilla, and high potency full spectrum capsules.

October 3, 2019

Mergers and Acquisitions

HeavenlyRx to Acquire CBD Brand PureKana

PureKana has accelerated its revenue growth since its founding in 2017, and is projected to more than double its revenue by 2020.

October 2, 2019