Persistence has paid off for an Israeli businessman and a UK lawyer after the London Stock Exchange issued its first-ever listing guidelines for cannabis firms. Roby Zomer, Co-Founder and Managing Director of MGC Pharmaceuticals, says the pending change sets-up the UK...

EMMAC Life Sciences, a European vertically integrated cannabis producer, announced last week it raised 15 million pounds or $20 million via an issue of convertible loan notes. Measure 8 Venture Partners is an investment firm founded by Boris Jordan, who is also the...

Casa Verde Capital, the investment fund co-founded by cannabis connoisseur Snoop Dogg (also known as Calvin Broadus), has closed on $100 million for its second investment fund, according to documents filed with the SEC. The fund, whose managing director, Karan Wadhera...

Canopy Rivers Inc. (“Rivers”) today announced that it has entered into a definitive agreement with Canopy Growth Corporation pursuant to which, among other things, Rivers will transfer three portfolio assets to Canopy Growth in exchange for $115 million in cash and...

Marijuana producers Tilray and Aphria announced plans to merge Wednesday in a deal that will create a $4 billion cannabis colossus. The combined company will boast $685 million in annual revenue, making it the world’s biggest player in a fast-growing industry, the...

Multistate marijuana company Verano Holdings intends to go public on the Canadian Securities Exchange at a value of nearly $2.9 billion through a reverse takeover (RTO) of an existing, publicly held company, according to reports. The move comes only a month after...