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Cannabis Companies in Germany Attract Investments as Nation Gears Up for Recreational Sales
Cannabis startups in Germany are experiencing an uptake in investment funding as they look to capitalize on the potential of the legalization of recreational marijuana. This comes as the sector of medical marijuana, which is legal, is experiencing tremendous growth....
Marijuana firm Valens files prospectus to issue up to CA$150M in securities
Valens Co. has filed a base shelf prospectus with securities regulators in Canada that would enable the cannabis derivative manufacturer to raise up to 150 million Canadian dollars in aggregate over the next 25 months. That is up from the CA$100 million preliminary...
Michigan cannabis operator brings in $50 million from small investor offering
Gage Growth, a Michigan-based cannabis operation, said it raised the maximum $50 million allowed through a Regulation A, small-investor offering. Regulation A offerings are a way for a company to build a base of loyal investors in advance of a potential initial public...
New marijuana REIT strikes deal to combine with Israel’s InterCure
Subversive Real Estate Acquisition REIT is combining with Israeli marijuana producer InterCure in a deal that values InterCure at $300 million and is intended to secure a Nasdaq listing for the combined company. InterCure’s Canndoc subsidiary is Israel’s largest...
CROP Signs Italy Joint Venture
CROP Infrastructure Corp. (“CROP”) announces it has entered into a joint venture agreement whereby CROP will own 30% under the name of Xhemplar to develop a 522,000 square foot project in the North-Eastern region of Italy. The joint venture and its principals have...
Imperial Brands Makes C$123 Million Investment in Auxly Cannabis
On Thursday, England-based tobacco company Imperial Brandsadded to its marijuana exposure thanks to a new C$123 million investment in Auxly Cannabis Group. Imperial will obtain a 19.9 percent stake in the company since the deal is structured as a debenture. The price...
FinCanna Increases Private Placement to $5.5 Million
FinCanna Capital Corp a royalty company for the U.S. licensed medical cannabis industry is pleased to announce that following higher than anticipated demand the Company has increased the size of its previously announced non-brokered private placement financing....
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