On Wednesday, GTEC Holdings Ltd announced it has closed its previously announced upsized private placement offering led by Sprott Capital Partners LP. According to a press release, GTEC issued 11,582,869 units of the Company at a price of $0.55 per Unit for gross...

Two technology-focused cannabis businesses have officially raised a combined $21.5 million in investment capital. On Tuesday, the Florida-based Springbig announced it raised $11.5 million in a Series B round that will help expand its retail operations. Then, On...

The multinational diversified cannabis company, MPX International Corporation announced its wholly-owned subsidiary, Canveda Inc. (“Canveda”), a license holder under the Cannabis Act in Canada has entered into a purchase agreement for high-quality cannabis flower from...

Trulieve Cannabis Corp, a leading cannabis company in the United States, announced its second quarter of 2020 ended June 30, 2020. According to company officials, Trulieve achieved record revenue of $120.8 million, an increase of 26% on a sequential quarter-to-quarter...

After nearly a limited deal-making, cannabis companies are gearing up for mergers and acquisitions as realistic stock assessments and the prospect of U.S. legalization attract buyers to a sector according to executives and investor. Many lucrative cannabis companies...

Springbig, a leading provider in cannabis CRM and loyalty marketing technology is now the fastest-growing CannaTech platform in the industry. Today, springbig announced the completion of its $11.5M Series B funding. The latest investment round is led by TVC Capital, a...