Israeli cannabis producer InterCure’s proposed acquisition of rival medical marijuana company Cann Pharmaceutical, also known as Better, was terminated after the companies failed to bridge differences. Herzliya-based InterCure...
Multistate operator Ayr Wellness said it has canceled its acquisition of Chicago cannabis retail operator Dispensary 33, citing changing market conditions. Miami-based Ayr described the decision to terminate...
Akerna Corp., the parent company of pioneering cannabis technology company MJ Freeway, said Friday it’s exiting the marijuana industry based on headwinds much of the market...
New York-based marijuana multistate operator Ascend Wellness announced an agreement to acquire the Maryland assets of Devi Holdings in a cash-and-stock deal worth $19 million. According...
Cannabis and vegetable grower Village Farms International is raising $25 million (33 million Canadian dollars) via a registered direct offering with institutional investors. In a Thursday news release,...
Federal banking reform for compliant businesses is an obvious next step in the evolution of the marijuana industry. Today, there are 39 U.S. states that have...
Marijuana multistate operator MariMed closed a $35 million secured credit facility to complete expansion projects in multiple states and pay off notes from a previous acquisition....
Atlanta-based real estate investment company UC Asset Limited Partnership announced an all-share deal to acquire an Oklahoma cannabis cultivation property, invest in the property and lease it...
Justin Costello, a former CEO of Seattle-based GRN Funds, pleaded guilty on Wednesday to securities fraud after posing as a billionaire and war veteran to dupe investors into...
Hexo Corp. has regained compliance with the Nasdaq’s minimum bid price, allowing the Canadian cannabis company to continue listing its shares on the U.S. stock exchange. Quebec-headquartered Hexo...