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Leading European Medicinal Cannabis Company Kanabo Buys National GP Online Service to Improve Last Mile for Patients
Kanabo, the European medicinal cannabis company focusing on the development and distribution of cannabis-derived products for medical patients and wellness CBD consumers, has purchased The GP Service (GPS), one of the leading private telemedicine and online primary...
Canadian LP Flowr to Acquire Terrace Global for C$63 Million in Stock
Terrace Global Inc. (“Terrace Global”) is pleased to announce it has entered into a definitive arrangement agreement pursuant to which The Flowr Corporation (“Flowr”) will acquire all of the issued and outstanding common shares in the capital of Terrace Global. Under...
Why Marijuana Stocks Aurora Cannabis, Canopy Growth, and Tilray Are Giving Up Much of Monday’s Gains
Canadian marijuana stocks soared on Monday as investors reacted to the prospects that the U.S. election results in November could improve the prospects for the cannabis industry. However, the market later saw stocks despite the potential positive prediction from...
Planet 13 Prices Third Equity Offering Since June
Planet 13 Holdings Inc. announced C$20 Million Bought Deal Public Offering. Planet 13 Holdings Inc. entered into an agreement with a syndicate of underwriters (the “Underwriters”) co-led by Canaccord Genuity and Beacon Securities Limited and pursuant to which the...
Israel plans for medical cannabis stock index
Stock market investors are betting that Israel will be a medical cannabis powerhouse and have invested about $205 million USD in shares so far. Some 11 companies now with products from healthcare to pharmacology will take on their own sub-index on the TASE, the Tel...
NEW $102 MILLION EQUITY FUND TARGETS ANCILLARY CANNABIS BUSINESSES
Pennsylvania-based Intrinsic Capital Partners said it raised $102 million in a fund. Company officials said the fund will invest in science and technology businesses focused on the legal marijuana and hemp industries. “We believe this is . . . a rare opportunity to...
KIC under fire for investing in money-losing marijuana stocks
South Korea’s sovereign wealth fund Korea Investment Corp. saw stock price fall in Ontario-based marijuana maker Canopy Growth. The fund's $18 million bets on the company lost favor in the first half of 2020. The ruling Democratic Party of Korea’s Rep. Jung Sung-ho...
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