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GTI Debuts In Minnesota Via LeafLine Industries Acquisition
Thursday, December 30, 2021 - 10:42am | 500Cannabis consumer packaged goods company Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF) said Thursday that it has wrapped up the acquisition of LeafLine Industries. What Happened The Chicago and Vancouver-based owner of RYTHM, Good Green and Incredibles branded cannabis products has...
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Trulieve Ramps Up Operations In Arizona Via Acquisition Of Tucson-Based PurpleMed Healing Center
Tuesday, December 28, 2021 - 11:32am | 504Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) announced Tuesday that it's acquiring PurpleMed Healing Center in Tucson, Arizona. What Happened The Tallahassee, Florida-based company reported that the retail location at 1010 S Freeway in Tucson is being rebranded to Harvest House of...
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Sundial's Alcanna Acquisition Pushed To Early 2022, Pending Shareholders' Approval
Monday, December 13, 2021 - 12:54pm | 566It seems the previously announced plan of arrangement between liquor retailer Alcanna Inc. (TSX: CLIQ) (OTC: LQSIF) and Sundial Growers Inc. (NASDAQ: SNDL), Reddit's favorite marijuana company, will have to wait a little longer to get the green light from its shareholders. The...
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Jupiter Wellness & Next Frontier Pharmaceuticals Merge, Will Expand Cannabinoid & Psychedelics Drug Development
Thursday, December 9, 2021 - 2:55pm | 547Jupiter Wellness, Inc. (NASDAQ: JUPW) announced Thursday that it is acquiring Next Frontier Pharmaceuticals, Inc., through a merger with a subsidiary of Jupiter Wellness. Deal Details Under the terms of the agreement, Next Frontier Pharmaceuticals' stockholders will receive convertible...
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Goodness Growth Wraps Up $8M Acquisition Of Maryland Dispensary
Monday, November 22, 2021 - 2:30pm | 563Science-concentrated cannabis company Goodness Growth Holdings, Inc. (CSE: GDNS) (OTCQX: GDNSF) announced on Monday that its subsidiary, Vireo of Charm City, LLC, has wrapped up the previously-disclosed purchase of all substantial assets of Charm City Medicus, LLC, a medical cannabis dispensary in...
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Auxly Bolsters Cultivation Capacities Via Acquisition Of Sunens Farms
Monday, November 22, 2021 - 1:07pm | 759Auxly Cannabis Group Inc. (TSX-XLY) (OTC: CBWTF), a cannabis-focused consumer packaged goods company, said Monday that it has acquired 100% ownership of Sunens Farms Inc. Acquisition Details Under the terms of a share purchase agreement between the Toronto-based company and Peter Quiring, the...
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Ayr Wellness Q3 Revenue Spikes 111% YoY To $96M, Continues Acquisition Spree In Chicago
Monday, November 22, 2021 - 12:15pm | 776Vertically-integrated cannabis company Ayr Wellness Inc. (CSE: AYR.A) (OTCQX: AYRWF) reported its financial results Monday for the three and nine months ended September 30, 2021, revealing a 111% year-over-year and 5% sequential increase in revenue, which amounted to $96.2 million. “We...
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High Tide Expands US Reach Via $31.24M Acquisition Of 80% Stake In NuLeaf Naturals
Monday, November 22, 2021 - 9:31am | 601Canadian cannabis retailer High Tide Inc. (TSXV: HITI) (NASDAQ: HITI) (FRA:2LYA) announced Monday that it has entered into a definitive agreement to acquire 80% of NuLeaf Naturals, LLC. The move follows recent acquisitions of FAB CBD and Blessed CBD. Deal Details Based in Calgary, Alberta, the...
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Jushi's Q3 Revenue Spikes 117% YoY, Bolsters Presence In Nevada With $62.5M NuLeaf Acquisition
Wednesday, November 17, 2021 - 10:47am | 1102Vertically integrated, multi-state cannabis operator Jushi Holdings Inc. (CSE: JUSH) (OTCQX: JUSHF) announced its financial results Wednesday for the third quarter of 2021, revealing a 13.1% sequential and 116.7% year-over-year increase in total revenue to $54 million. The revenue growth was...
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Cresco Expands In Pennsylvania Via $80M Acquisition Of Laurel Harvest
Thursday, October 14, 2021 - 10:28am | 468Vertically integrated cannabis company Cresco Labs (CSE: CL) (OTCQX: CRLBF) announced Thursday the execution of a definitive agreement to acquire 100% of the outstanding equity interests in Laurel Harvest Labs, LLC, a Pennsylvania clinical registrant, for $80 million. The transaction is expected to...
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Jay-Z-Backed The Parent Co. To Acquire California Retail And Delivery Operator
Monday, October 4, 2021 - 8:57am | 608TPCO Holding Corp. (NEO: GRAM.U) (OTCQX: GRAMF), which is doing business as The Parent Company, is acquiring Coastal Holding Company, LLC, a California retail dispensary and delivery operator. Deal Details Based in San Jose, the company said Monday that it is purchasing 100% of the equity of...
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Another Deal: PLS Logistics Acquires D&L Transport
Tuesday, September 21, 2021 - 4:04pm | 669Third-party logistics company PLS Logistics Services announced it has acquired freight broker D&L Transport. Overland Park, Kansas-based D&L Transport has a network of more than 15,000 motor carriers, brokering loads in modes like truckload, less-than-truckload, heavy haul and intermodal....
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Project44 Acquires Last-Mile Tech Company Convey For $255M
Tuesday, September 21, 2021 - 10:52am | 741On Tuesday, real-time global supply chain visibility provider project44 announced its acquisition of last-mile technology company Convey in a deal valued at $255 million. With a plan to provide the supply chain community with powerful and actionable real-time data, project44 will utilize this...
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Penn National Gaming's Stock Needs To Hold A Key Support Level
Monday, September 13, 2021 - 5:41pm | 396Penn National Gaming, Inc. (NASDAQ: PENN) shares are trading lower Monday, possibly after the company announced a meeting for the acquisition of Score Media and Gaming Inc (NASDAQ: SCR), which will become the wholly-owned subsidiary of Penn National. The special meeting of company...
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InMed Pharmaceuticals Inc. Enters Agreement For 'Transformative' Acquisition Of Leading Manufacturer Of Rare Cannabinoids
Monday, September 13, 2021 - 11:47am | 1003The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. InMed Pharmaceuticals (NASDAQ: INM), a leader in the manufacturing and clinical development of rare cannabinoids, has signed a definitive...