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MedMen to Exit Florida Medical Cannabis Market With $83 Million Sale of Assets
MedMen Enterprises Inc. a premier cannabis retailer with operations across the United States, today announced plans to sell its Florida assets to Florida-based private company Green Sentry Holdings LLC for $83 million. The cash deal includes the sale of substantially...
CANNABIS SPAC ACQUIRES CALIVA AND LEFT COAST VENTURES, HIRES JAY-Z
New York-based Subversive Capital Acquisition Corp., a special purpose acquisition company, said it has acquired two California cannabis companies and hired rapper and producer Shawn “Jay-Z” Carter to foster social equity in the industry. The company is purchasing...
Grow Generation Emerges as the Best Cannabis Stock of 2020
GrowGeneration Corp., the largest hydroponic garden-center chain in North America, is on a tear-worthy of its name. The gardening supply company has gained over 700% so far this year, making it the best-performing cannabis stock of 2020 amid a sector-wide rally on...
Cresco Labs Proving Not All Cannabis Stocks Are Sinking
Everyone generally accepts what goes up eventually comes down. But the law of physics has nothing on the cannabis sector. The trend in the world of marijuana stocks has generally followed a slightly different pattern. When it comes to pot stocks, what goes up comes...
Jushi To Invest $50 Million To Expand Pennsylvania Marijuana Cultivation Facility
Jushi Holdings Inc., a Florida-based cannabis and hemp operator, said it intends to invest about $50 million to expand its marijuana cultivation and processing facility in Scranton, Pennsylvania. The company expects the expansion to create over 100 new jobs in the...
Horizons Set to Launch 3 New Cannabis ETFs
The group behind the leading public exchange-traded fund (ETF) for the Canadian cannabis industry on Monday updated its lineup of ETFs with exposure to cannabis stocks. Horizons ETFs Management revealed plans to list futures contracts for the Horizons Marijuana Life...
Cannapreneur Partners Forms Joint Venture with Two Veteran-Owned Massachusetts Cannabis Dispensaries
Cannapreneur Partners (Cannapreneur), a leading cannabis investment firm specializing in early-stage startups, announced it has formed a joint venture (JV) with two veteran-owned and operated cannabis dispensaries in Massachusetts: JWTC Wick and Noble Manna LLC. In...
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