cannabis acquisition

Organigram Holdings Inc. (NASDAQ:OGI) (TSX:OGI) announced the acquisition of 100% of Motif Labs Ltd. for CA$90 million ($64 million), comprising of CA$50 million in cash and CA$40 million in Organigram common shares, based on a 30-day trading VWAP of $2.321 on the TSX. An additional CA$10 million...

Canopy Growth Corporation (TSX:WEED) (NASDAQ:CGC) and Acreage Holdings, Inc. (CSE:ACRG, ACRG.B.U))(OTCQX:ACRHF, ACRDF)) announced Monday that Canopy USA, LLC will complete its acquisition of Acreage on or around Dec. 9, 2024. The Canadian cannabis giant announced its plans to acquire Acreage for $3...

Acreage Holdings, Inc. (CSE:ACRG, ACRG.B.U)) (OTCQX:ACRHF, ACRDF)) said it anticipates that Canopy USA, LLC –Canopy Growth Corporation‘s (TSX:WEED) (NASDAQ:CGC) strategy for capturing the U.S. cannabis market will complete its acquisition of Acreage by mid-December, 2024. The move could leave...

CV Sciences, Inc. (OTCQB:CVSI) a hemp-focused wellness company announced on Thursday it's acquiring Extract Labs, Inc., a manufacturer and distributor of premium cannabinoid products including gummies, topicals and tinctures. What Happened The company noted that it has entered into a definitive...

Nova Cannabis Inc.'s (TSX:NOVC) (OTC:NVACF) shareholders gave the green light to the proposed plan of arrangement involving Nova and SNDL Inc. (NASDAQ:SNDL), which will be completed in accordance with an agreement dated August 12 between the two companies. Under the deal, SNDL will acquire all of...

The vertically-integrated multi-state cannabis company Planet 13 Holdings Inc. (CSE:PLTH) (OTCQX:PLNH) announced on Thursday that it's acquiring a Las Vegas-based cannabis dispensary. What Happened: The company's wholly-owned subsidiary MM Development Company, Inc. has entered into an asset...

Private multi-state operators MINT Cannabis and Shango announced on Tuesday they have entered into a definitive agreement to acquire all membership interests in The Cannabist Company Holdings Inc.'s (Cboe CA: CBST) (OTCQX:CBSTF) (FSE: 3LP) Florida subsidiary, through a joint venture. Why It Matters...

Cannabis producer Organigram Holdings Inc. (NASDAQ:OGI) (TSX:OGI) has closed the second of three tranches of the previously announced CA$124,559,674 ($92.3 million) follow-on strategic equity investment by BT DE Investments Inc., a wholly owned subsidiary of British American Tobacco plc, (NYSE:BTI...

SNDL Inc. (NASDAQ:SNDL) announced on Thursday that its stalking horse bid was chosen as the most successful bid for acquiring the Indiva Limited‘s (TSXV:NDVA) (OTCQX:NDVAF) business and assets. That's in the context of proceedings under Indiva’s filing under the Companies’...

Lifeist Wellness (OTC:LFSWF) acquired all shares of 1000594871 (4871) Ontario Corp., which holds vaporizer technology. The news marks a U-turn on Lifeist's recently announced plan to move away from its legacy cannabis business. What happened: The Toronto, Ontario-based health-tech company reported...

SNDL Inc. (NASDAQ:SNDL) and Nova Cannabis Inc. (TSX:NOVC) announced on Tuesday that they have entered into an arrangement agreement under which SNDL will acquire all of the issued and outstanding common shares in the capital of Nova not already owned by SNDL, representing roughly 34.8% of Nova...

SNDL Inc. (NASDAQ:SNDL) said on Friday that it has entered into a purchase agreement with cannabis edibles producer Indiva Limited (OTC:NDVAF) and its subsidiaries. What Happened Under the deal SNDL offered to buy all of the issued and outstanding shares of Indiva and the business and assets of the...

Simply Solventless Concentrates Ltd. (TSXV:HASH) is acquiring Lifeist Wellness Inc.'s (TSXV:LFST) (FRANKFURT: M5B) (OTC:LFSWF) subsidiary CannMart Inc. What Happened The Calgary, Alberta-based company said on Wednesday that it has entered into a services agreement regarding the operations of...

Organigram Holdings Inc. (NASDAQ:OGI) (TSX:OGI) announced on Tuesday a strategic investment aimed at expanding its presence within the burgeoning European cannabis market. What Happened The Toronto-based company will utilize proceeds from its Jupiter strategic investment pool and invest €14 million...

Lifeist Finalizes Sale of Australian Vaporizers Lifeist Wellness Inc. (TSXV:LFST) (FRANKFURT: M5B) (OTC:LFSWF) said on Wednesday it has sold Australian Vaporizers Pty Ltd., its wholly owned Australian subsidiary to Flora Growth Corp. (NASDAQ:FLGC). The sale, first announced in September 2023, was...