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MITA Addresses Arizona’s Multi-Million Dollar Social Equity Cannabis License Lottery Now Scheduled for April 8th
Demitri Downing the founder and CEO of MITA, is a former prosecutor and cannabis policy expert, available to address the impact of these new dispensary licenses, and what’s at stake for the larger business community once distributed. The Arizona Department of Health...
Trulieve Pays $60 Million for 3 Philadelphia Medical Cannabis Dispensaries
Trulieve Cannabis Corp. (“Trulieve”), a leading and top-performing cannabis company in the United States, today announced that it has entered into a definitive agreement pursuant to which Trulieve has agreed to acquire from Anna Holdings LLC a dispensary license...
Debt Is Becoming a More Attractive Option for American Cannabis Companies
In February, Organigram announced a strategic investment from global tobacco company BATS, which took a 19.9% stake for C$221 million. Only a small portion, C$30 million, was earmarked for joint product development efforts. We found it odd that the deal was done at...
Medicinal-cannabis company boosted by £14m investment
The medicinal-cannabis company based at the former Tamba Park site has received a £14 million cash injection thanks to massive investor interest ahead of its listing on the London Stock Exchange. Northern Leaf announced earlier this year that it was among a number of...
INTERESTED IN INVESTING IN THE CANNABIS INDUSTRY? HERE ARE 2 CANNABIS ETFS
Getting started into investing, especially with the cannabis industry, can be intimidating. Keep in mind that the cannabis adult-use market will be projected to have a retail value of $4.1 billion by the end of 2021, according to CIBC analysts. There are a lot of...
GTEC Raises $23 Million Selling Units at $0.80
GTEC Holdings Ltd. d/b/a GTEC Cannabis Co. (“GTEC Cannabis Co.”) announced today the closing of its previously announced bought deal public offering of units of the Company. Pursuant to the Offering, GTEC issued 28,750,000 Units at a price of $0.80 per Unit for...
Scythian Sells Assets in Latin America to Aphria
A cannabis operator with assets in the international cannabis market confirmed the sale of its South American and Caribbean interests to a major Canadian licensed producer. In a deal announced on Tuesday, Scythian Biosciences will sell its entire network of cannabis...
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