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MORE Act likely to flop in Senate after House vote this week: Analyst
The U.S. House of Representatives is likely to pass the Marijuana Opportunity Reinvestment and Expungement Act (MORE Act) by a slim margin when it comes up for a vote as early as Friday but the measure will not likely pass the Senate, Beacon Policy Advisors LLC...
Cannabis-focused SPAC, Pharma C Investments PLC,, applies for London listing
The company is a SPAC looking to invest in companies operating in the field of legalized medicinal cannabis A special-purpose acquisition company (SPAC) looking for cannabis acquisitions has applied for admission to trading its shares on the Aquis Stock Exchange. ,...
Colombian Cannabis Producer Flora Growth Prices NASDAQ IPO
Flora Growth Corp, an all-outdoor cultivator and manufacturer of cannabis-derived products and brands, today announced the pricing of its initial public offering of 3,333,333 shares of its common stock, at the high end of the proposed price range of US$5.00 per share...
Trulieve to buy Harvest Health for $2.1 billion
Trulieve Cannabis Corp said on Monday it will buy medical pot producer Harvest Health & Recreation Inc for $2.1 billion, creating the largest U.S. cannabis company by revenue. The prospect of U.S. reforms gives companies a chance to further capitalize on consumer...
High 12 Brands Announces Completion of Series A Financing On May 10, 2021 0
High 12 Brands (“High 12”), a global cannabis consumer packaged goods company, announced the closing of its CDN$6,301,802 oversubscribed Series A financing. The financing was led by Zola Global Investors Ltd. (“Zola”), a family office that focuses on building lasting...
ANTG enters partnership with NUBU Pharmaceuticals, hopes to export first medicinal cannabis flower to NZ
New Zealand could have been doing this themselves now they are reduced to importing Aussie products. Earlier this year a Byron Bay-based company achieved a milestone with the first Aussie-grown medicinal cannabis exports to Europe, but soon Australian Natural...
AFC Gamma Lends $15 Million to Cansortium
AFC Gamma, Inc. (“AFCG”) announced it has invested $15 million in Cansortium Inc.’s (“Cansortium”, or the “Borrower”) $71 million credit facility. Seaport Global, LLC acted as the placement agent. We are excited to work with our partners at Seaport Global to support...
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