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Akanda Corp. Announces Pricing of Initial Public Offering
Akanda Corp. , an international medical cannabis company, today announced the pricing of its initial public offering of 4,000,000 common shares at a price of $4.00 per share to the public for a total of $16,000,000 of gross proceeds to the Company (the “Offering”),...
Medical Marijuana Shares Off to a Great Start on London Stock Exchange
Marijuana shares in the UK have been rising quickly, with investors now looking toward a new investment class in the market: medical marijuana shares. Last week, MGC Pharma, which is London’s first marijuana stock, debuted on the London Stock Exchange. The firm raised...
British American Tobacco looks to expand into cannabis. Is BATS a good investment?
In the wake of two new cannabis stocks listing on the London Stock Exchange this week (Kanabo and MGC Pharmaceuticals), 119-year-old British American Tobacco is considering its options in the space. British American Tobacco’s foray into CBD The FTSE 100 stalwart has...
Tuatara-backed SPAC raises $175 million to target cannabis acquisitions
Tuatara Capital Acquisition, a cannabis-focused special purpose acquisition company (SPAC), said it raised $175 million in an initial public stock offering with an option for its underwriters to purchase and sell an additional $26.3 million worth of securities. SPACs,...
Chris Webber launches $100 million cannabis fund with JW Asset Management
Former NBA star Chris Webber on Tuesday launched a $100 million private equity cannabis fund with New York-based JW Asset Management, aimed at investing in companies run by people from underrepresented communities. Legal cannabis producers in the United States have...
Fire & Flower Announces Application to List on NASDAQ
Fire & Flower Holdings Corp. (“Fire & Flower”), a leading cannabis retailer with proprietary e-commerce and digital retail platform, today announced that it has submitted an initial application to list its common shares on the Nasdaq Stock Market. The...
Once down in the weeds, cash-strapped pot producers raise billions in market rally
A political shift in the United States has unlocked an estimated $1.38 billion jackpot for struggling pot producers who have cashed in on a surge in their shares since President Joe Biden’s election in November. Cannabis producers have issued stock worth this amount...
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