Intrinsic Capital Partners (“Intrinsic”) announced the closing of Intrinsic Health Partners, L.P. (the “Fund”), a $102 million growth equity fund that invests in life science and technology businesses focused on the legal cannabis and hemp industries. Industry...

A New York-based limited partnership said it has entered binding agreements to acquire 15 marijuana-related properties in nine states for $182.8 million. Company officials say the agreement shows the company's intention of becoming a leader in the cannabis real estate...

Sativa Group, the UK’s leading quoted CBD wellness and medicinal cannabis group, made a recommended share-for-share offer by Stillcanna Inc. The transaction represents the first public takeover by a Canadian-listed entity of a UK company operating in the medical...

According to market reports, several U.S.-listed shares of major cannabis producers surged on Thursday after Democratic vice presidential nominee Kamala Harris said marijuana would be decriminalized at a federal level in the United States under a Biden administration....

Back in 2018, Tobacco giant Altria invested $1.8 billion in Canadian cannabis company Cronos Group. The very public investment gave Altria a 45% stake in the Canadian firm. Since then, the company has been trying to increase its stake in the nascent marijuana industry...