Tag: CBT > Business Issues/ Benchmarks > Finance: Page 93

Finance

Charlotte's Web Hemp CBD Topical Products Expanding to 1,350 Kroger Stores Across 22 States

The move marks the largest distribution through a single retailer for Charlotte's Web.

July 29, 2019

Mergers and Acquisitions

KBL Merger Corp. IV SPAC Signs Definitive Business Combination Agreement to Acquire CannBioRx Life Sciences Corp.

CannBioRx Life Sciences Corp. programs focus on developing anti-inflammatory drugs, including scientifically developed, non-psychoactive cannabinoids that target key pathways in inflammatory diseases.

July 29, 2019

Finance

CannTrust Fires CEO and Chair in Wake of Illegal Growing

CannTrust Holdings Inc. terminated with cause its CEO Peter Aceto, and demanded the resignation of board chair Eric Paul, who complied.

July 26, 2019

Legislation and Regulation

Canada's New Licensing Favors Richer Companies, Experts Say

A new licensing process for legal cannabis producers in Canada limits the ability of smaller companies to attract investment, industry executives said.

July 26, 2019

Finance

SOL Global Announces Additional US$2 Million Investment in CannCure

The additional capital infusion is to fast track cultivation development and dispensary rollout in California.

July 25, 2019

Finance

Westleaf Signs One-Year, $4-Million White-Label Cannabis Derivative Product Sale Agreement with an Option to Increase to $16 Million

Westleaf has entered into a white labeling agreement with Delta 9 to supply approximately $4 million of cannabis derivative products from its large-scale extraction and manufacturing facility located in Calgary.

July 25, 2019

Finance

Ionic Brands Completes Acquisition of Zoots Premium Cannabis-Infused Edibles and Infused Products

Ionic Brands will extend Zoots Edibles beyond Washington and Colorado to Oregon, California and Nevada.

July 25, 2019

Finance

3 Questions to Ask Your Vape Manufacturer

It is increasingly difficult to identify which companies are reliable and which companies can consistently deliver high-quality, safe and compliant products.

July 21, 2019

Oregon

Orchid Ventures Acquires GreenBloom Cannabis

Orchid will purchase retail, cultivation and distribution operations, as well as GreenBloom’s brands in Oregon and California.

July 19, 2019

Finance

Read the Public Comments to the FDA on CBD Policy

The 2018 Farm Bill didn’t legalize CBD, per se; rather, the descheduling of hemp created a legal gray area for the cannabinoid, one which the FDA is working to clarify this year.

July 18, 2019

Investors in the Cannabis Market

Neptune Wellness Solutions Closes US$41 Million Private Placement

Proceeds will be used, in part, to fund the cash portion of the initial consideration for the SugarLeaf acquisition.

July 18, 2019

International

Soma Pharmaceuticals Reveals Plans for Ireland’s Medical Cannabis Market

Last month, Ireland authorized a pilot program to grant patients access to cannabis-based products.

July 18, 2019