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Canadian marijuana producer CannTrust applies for NYSE listing
CannTrust Holdings Inc. said Tuesday that it has applied to list its shares on the New York Stock Exchange, following other large Canadian cannabis companies that list in the U.S. but operate in Canada. CannTrust stock was down 4% in morning trading, as the ETFMG...
Terrace Global Announces Closing of $15 Million Financing
Terrace Global Inc. announced they closed the previously announced non-brokered private placement (the “Private Placement”) of 120,000,000 subscription receipts at an issue price of $0.125 per Subscription Receipt for aggregate gross proceeds of $15,000,000. Francisco...
Village Farms buying balance of Pure Sunfarms as cannabis M&A ‘improving’
Village Farms International announced they are acquiring all of the outstanding shares of cannabis producer Pure Sunfarms. Vancouver, British Columbia-based Village Farms, which controls 58.3% of Pure Sunfarms, reached a financial agreement to buy the remaining stake...
Shield Compliance Partners with KeyPoint Credit Union to Serve the Legal Cannabis Industry in California
Shield Compliance, a comprehensive compliance management platform for banking legal marijuana-related businesses (MRBs), announced a partnership with California-based KeyPoint Credit Union to support its cannabis banking program. KeyPoint announced through this...
Aurora names new CEO, signals revenue decline and massive write-downs
Aurora Cannabis promoted Miguel Martin to the role of CEO. Also, company officials warned investors to expect declining quarterly revenue and write-downs of up to 1.8 billion Canadian dollars ($1.37 billion) for the fourth-quarter results in two weeks. Martin was the...
US-focused cannabis ETF set to launch on New York Stock Exchange
On September 2nd, a Maryland-based investment management company is launching the first U.S listed exchange-traded fund (ETF) that will focus solely on American cannabis companies, including multi-state operators. The fund will trade under the ticker symbol MSOS on...
Jamaican Hemp Company Virtudes Labs Now Accepting Investors
As of August 31st, 2020 Virtudes Labs, Inc. announced it can now accept online investments from non-accredited or ordinary investors on the Fundanna platform here: https://fundanna.com/equity/offer-summary/VirtudesLabs. Virtudes Labs, Inc. is slated to be the first...
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