MMJ has expanded the mandate of its investment manager, Parallax Ventures, to include additional investments made under a new amended diversification agreement. the deal will broaden its existing investment mandate to include strategic investments in sectors outside...

Canadian cannabis company Aphria reported increased quarterly revenue on Thursday for the quarter ended Nov. 30, with a net loss of 120.6 million Canadian dollars ($95.3 million). The Ontario-based firm posted net revenue of CA$160.5 million, a 10% increase over the...

Marijuana multistate operator Cresco Labs entered a definitive agreement to acquire Bluma Wellness for $213 million in an all-stock transaction in a move to expand into Florida’s fast-growing medical cannabis market. Bluma, under its operating subsidiary “One Plant...

Curaleaf Holdings solidified itself as a standout in the US cannabis market after it announced Wednesday, its acquisition of the privately-held GR Companies (Grassroots) valued at US$875 million. The deal has resulted in Curaleaf becoming what it calls itself the...

The Democrats in control of the White House, Senate, and Congress Wall Street now beckons for America’s cannabis industry. Stock prices moved ahead rapidly in the last week following the Georgia state run-off which tipped the Senate into Democrat's hands. The...

Cannabis companies are vying to be the first of their kind to list on the London Stock Exchange after the UK financial watchdog last year gave the green light to manufacturers of products that use the drug for medical purposes. Kanabo, which is developing a means to...