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Tell the Senate: Support Keeping SAFE Banking in America COMPETES
Back in February, the House of Representatives approved a massive economic package called the America COMPETES Act, which contained an amendment from Rep. Ed Perlmutter to include the SAFE Banking Act in the legislation. This is the sixth time that the House has...
Village Farms Enters U.S. CBD Market with $75 Million Acquisition
Village Farms International, Inc. (“Village Farms”) today announced that it has acquired 100% interest of privately-held, Colorado-based CBD-platform Balanced Health Botanicals in a transaction valued at US$75 million, effective today (“Closing...
Confia Brings Technology-Based Cannabis Transaction and Banking Services to East Coast
Confia, a leading technology platform for financial compliance, B2B/B2C transactions, and secure banking services designed for the cannabis industry, announced its expansion to the East Coast, starting with Massachusetts, as the cannabis market continues to grow....
Alliance Reports CBD Production Economics from Cannabis Biotech Complex
Alliance Growers Corp reported vertically integrated additions to its revenue model and profit potential through the expansion of its business partnership with Pharmagreen. The two companies have agreed to the joint development of the proprietary high yield CBD DANA...
Colombia Challenges Canadian Cannabis Dominance
In 2020, Canada became the largest exporter of dried cannabis flower in the world. Today, Canada is looking over its shoulder at a formidable competitor in Colombia, which recently instigated some legislative changes that position the country to become the global...
Scotts Miracle-Gro Cannabis Investment Vehicle Takes 42% Stake in RIV Capital for $150 Million
The Scotts Miracle-Gro Company (NYSE: SMG) announced today the creation of a newly formed subsidiary, The Hawthorne Collective, which will focus on strategic minority investments in areas of the cannabis industry not currently pursued by The Hawthorne Gardening...
Achari Cannabis SPAC Wants To Raise $100 Million
New Jersey-based Achari Ventures Holdings Corp. I, is a newly organized blank check company or SPAC. The company said its initial focus will be on identifying acquisition opportunities in the cannabis industry. It will not invest in or consummate a business...
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