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Cresco Acquires Bluma For $213M, Extends 'Strategic Footprint' To Florida Market
Thursday, January 14, 2021 - 12:44pm | 363Cannabis company Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) is poised to take over Florida-based Bluma Wellness Inc. (CSE: BWEL.U) (OTCQX: BMWLF) in an all-share transaction worth $213 million. The Chicago-based company agreed to acquire all Bluma’s issued and outstanding shares,...
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Cannabis Movers & Shakers: Pure Harvest, Allied, Bluma, Vitalis, Aurora, MedMen, Flora Growth
Friday, December 4, 2020 - 9:31am | 1254Here is a summary of the latest company shakeups within the cannabis industry. Pure Harvest Welcomes David Chessler As Strategic Investor Cannabis and hemp-CBD company Pure Harvest Corporate Group Inc. (OTCQB: PHCG) has tapped David Chessler's family office, Chessler Holdings, to serve as...
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Earnings Roundup: iAnthus, Can-Fite, Organigram, Bluma Wellness, Auxly
Monday, November 30, 2020 - 1:39pm | 1022iAnthus Touts 82% YoY Revenue Growth, Names Interim COO New York-based iAnthus Capital Holdings Inc. (CSE: IAN) (PINK: ITHUF) generated around $40.6 million in revenue during the third quarter of fiscal 2020. That's up by 17% sequentially and roughly 82% year-over-year. The...
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Quarterly Earnings: Indiva Anticipates 1400% YoY Revenue Growth While Planet 13 Sees Best Quarter Ever
Tuesday, October 6, 2020 - 12:24pm | 655Indiva’s 'Path To Profitability Remains On Track’ Indiva Ltd. (TSXV: NDVA) (OTCQX: NDVAF) expects to generate between $2.8 million and $3.1 million in revenue for the third quarter of 2020. That’s an increase of 1,400% year-over-year and 9% sequentially. The...