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4Front Ventures Announces $22 Million US of New Funding
Company announces binding agreement for the sale of its Assets in Pennsylvania and Maryland netting over $18 million the U.S. in cash Company secures $4 million U.S. through private placement Transactions enable the Company to reach cash flow positive in 2020 4Front...
Ventura Cannabis (VCAN) Announces Agreement to Sell California Manufacturing and Distribution Licenses
Ventura Cannabis and Wellness Corp. (CSE:VCAN) (“Ventura Cannabis”, “VCAN”, or the “Company”) is pleased to announce it has entered into a definitive agreement to sell Cathedral Asset Holding Corporation (“CAHC” or “Cathedral”) and its distribution and manufacturing...
Columbia Care Stock Pops On Acquisition Of The Green Solution
Columbia Care Inc. announced it will buy The Green Solution (TGS) in an all-stock deal that is expected to close on September 1, 2020. The company did not disclose the size of the deal. Recently, Columbia Care stock jumped over 7% on the news to sell at $3.68....
Ascend Wellness completes $68 million raise, acquires Illinois marijuana shops
On Tuesday, Ascend Wellness Holdings, a multistate operator based in New York, announced it closed a $68.2 million funding round and reached an agreement to acquire two more Illinois marijuana retailers. The first rounds of funding is yet another sign that funding in...
Curaleaf rises to the top of US marijuana industry with footprint covering about two dozen states
The Massachusetts-based Curaleaf has become one of the largest multistate cannabis operators in the United States due to its diversified market business plan. The company adopting a broad-market approach – with scores of cultivation, processing, and dispensary...
CANNABIS MSO GREEN THUMB SEEKS TO RAISE $150M THROUGH STOCK SALE
Chicago-based marijuana multi-state operator Green Thumb Industries wants to raise about $150 million through the sale of 10 million shares of stock, according to a regulatory filing made with the U.S. Securities and Exchange Commission on Friday. Green Thumb...
CANADIAN RECREATIONAL MARIJUANA SALES REACH RECORD CA$201 MILLION IN JUNE
New figures from Statistics Canada showed adult-use cannabis monthly retail sales grew in every Canadian province, reaching nearly 201.1 million Canadian dollars ($152.1 million). Also, marijuana sales crested yet again in June, increasing 7.9% over the record set in...
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