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MMJ Group Holdings Ltd receives offer for its investment in cannabis extraction company Embark Health

MMJ Group Holdings Ltd receives offer for its investment in cannabis extraction company Embark Health

by InfluencER | Sep 21, 2021 | Investors

BevCanna, a Canadian Stock Exchange-listed health & wellness beverage and natural products company, has put forward a deal to acquire Embark Health in full. has given its tacit agreement to an offer from BevCanna Enterprises Inc to acquire its investee Embark...
This Upcoming Marijuana Merger Could Generate Great Returns for Investors

This Upcoming Marijuana Merger Could Generate Great Returns for Investors

by InfluencER | Sep 16, 2021 | Investors

Consolidation in the cannabis industry is inevitable. As long as marijuana remains federally illegal in the U.S. and cannabis companies need to expand via acquisition to penetrate more states, marijuana businesses will continue to join forces. One deal that investors...
Cannabis software firm Akerna inks $17 million acquisition

Cannabis software firm Akerna inks $17 million acquisition

by InfluencER | Sep 15, 2021 | Investors

Denver-based cannabis technology company Akerna signed an agreement to acquire a marijuana business management software firm for $17 million in cash and stock. Akerna will pay $4 million in cash and $13 million in stock to acquire 365 Cannabis with a potential earnout...
Marijuana MSOs post strong quarterly results, but investors tepid

Marijuana MSOs post strong quarterly results, but investors tepid

by InfluencER | Sep 15, 2021 | Investors

All 10 of the largest publicly held marijuana multistate operators posted double-digit revenue growth in the quarter ended June 30, but stock prices remained weak as investors grow impatient with the slow pace of federal marijuana legalization efforts. Four of the...
Cannabis companies’ ‘green rush’ goes up in smoke

Cannabis companies’ ‘green rush’ goes up in smoke

by InfluencER | Sep 13, 2021 | Investors

After legalization in Canada, the big push into Europe has failed to take root. The main issue in Europe is regulation – still a major stumbling block for all cannabis players. In Germany, medical cannabis is legal. In Denmark, tough restrictions on manufacturing and...
Greek Cannabis Cultivator Waiting For Regulator’s Approval Before A SPAC London Listing

Greek Cannabis Cultivator Waiting For Regulator’s Approval Before A SPAC London Listing

by InfluencER | Sep 8, 2021 | Investors

Hellenic Dynamics is aiming to become the first medical cannabis cultivator to list on the London Stock Exchange. Early last month UK SPAC Plc, an AIM-listed cash shell, announced it had acquired 100% of Hellenic and was aiming for listing on the Standard segment of...
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