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The risky financial deals that shook up one of America’s most promising weed companies
iAnthus thought Gotham Green Partners was providing a financial lifeline, but the investment firm is now poised to seize control of the company. In the heady days of the green rush, iAnthus emerged as one of the most ambitious U.S. companies seeking to cash in on the...
Onassis has signed a $6m binding acquisition agreement
Onassis Holding Corp, a wellness holding company has signed a binding acquisition agreement to buy its MGC Nutraceuticals subsidiary which develops CBD and hemp Neutraceuticals. MGC Nutraceuticals subsidiary produces food supplements and derma products in Europe....
Marijuana MSO Harvest Health raises nearly $35 million in stock offering
Marijuana multistate operator Harvest Health & Recreation raised $34.5 million (46 million Canadian dollars) through a public offering of subordinate stock, the company said Wednesday. The Arizona-based marijuana company said in a previous news release that it...
The Green Organic Dutchman Adds Additional 14,000 kg by Entering Jamaica Through Strategic Partnership With Epican Medicinals
The Green Organic Dutchman Holdings Ltd.’s announced it has entered into a strategic partnership with Epican Medicinals Ltd. This partnership will add an additional 14,000 kgs, taking TGOD’s total organic funded capacity to 130,000 kgs. Epican is a vertically...
TOBACCO FIRM SPENDS $15 MILLION TO BRING L.A. MARIJUANA LINE TO THC-FREE MARKETS
A Kentucky tobacco company is investing $15 million in a Los Angeles marijuana vape company that plans to expand its footprint by building out a line of THC-free CBD products. Turning Point Brands of Louisville said in a news release its investment in Dosist will be...
Aurora Cannabis Files New $500 Million Offering
Canadian cannabis company Aurora Cannabis Inc. announced it has completed the previously filed At-The-Market program. In addition to that, it has filed a new preliminary short form base shelf prospectus with securities regulators in each of the provinces of Canada,...
Cannabis Ecommerce Company Amuse Raises $12 Million
Culver City-based cannabis e-commerce company Amuse Holdings Inc. has raised $12 million in Series A capital. The round was funded by Santa Monica-based cannabis industry private equity firm Gotham Green Partners. Amuse sells a range of cannabis products for delivery...
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