Indus acquires fellow California cannabis firm Lowell Herb for $39M
Indus Holdings said it has acquired another well-known California marijuana brand, Lowell Herb Co., in a cash-and-stock deal worth $39 million. The […]
Category: Marijuana Stocks & Publicly Traded Cannabis Companies
Marijuana MSO Verano raises CA$100 million, announces Arizona acquisition
Chicago-based multistate marijuana firm Verano Holdings raised slightly more than $100 million Canadian dollars ($79.7 million) through a bought deal private placement of […]
Canadian pension fund unloads some cannabis shares, adds Aphria
A large Canadian pension manager unloaded some marijuana investments over the past couple of years while raising its holdings in licensed producers […]
Aphria-Tilray cannabis merger talks overcame pandemic pause, rival bidder and other hurdles, proxy reveals
On-again, off-again merger talks between rival cannabis producers Tilray and Aphria had their genesis in October 2019 when an unidentified investment bank […]
Marijuana packaging firm KushCo raises $40 million in direct stock offering
California-based marijuana company KushCo Holdings said it expects to net about $40 million from the sale of securities in a direct offering […]
Aurora says its Danish cannabis has reached German pharmacies
A subsidiary of Canada’s Aurora Cannabis says its “made in Denmark” medical cannabis products have reached some Germany pharmacies for the first […]
Canadian marijuana firm Canopy Growth files $2 billion shelf prospectus
Canadian marijuana producer Canopy Growth filed a preliminary short-form base shelf prospectus enabling the company to raise up to $2 billion (2.5 […]
A marijuana SPAC can expedite going public, but research on the partner is key
When Jessica Billingsley announced in October 2018 that she was taking Denver-based cannabis technology company MJ Freeway public by merging it with […]
New cannabis SPAC raises $150 million in IPO for US acquisitions
Choice Consolidation Corp., a new cannabis industry special purpose acquisition company (SPAC), raised $150 million in an initial public offering on the […]
Canadian marijuana producer Tilray reports $271 million loss for year
Cannabis producer Tilray cut its annual loss to $271 million for 2020, an improvement from the Nanaimo, British Columbia company’s $321 million […]