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$16.4M Asset Sale Marks The Cannabist Company's Florida Exit In Streamlining Effort
Friday, August 23, 2024 - 2:07pm | 489The Cannabist Company Holdings Inc. (OTCQX:CBSTF) (FSE: 3LP) announced on Friday that it has entered into a definitive agreement to sell its 40,000-square-foot cultivation facility in Lakeland, Florida, for $11.4 million, payable in cash. The company said $2 million of this consideration is already...
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Canadian Company Lifeist Says Farewell To Cannabis Business Unit, Turns To Nutraceuticals
Friday, February 2, 2024 - 1:15pm | 564Lifeist Wellness Inc. (OTC:LFSWF) announced on Friday it has entered into a definitive share purchase agreement with 1463663 B.C. Ltd., a newly-incorporated affiliate of Tierra Corp., and the company's Canadian cannabis subsidiaries, collectively referred to as the CannMart Group, to divest and...
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Surprise Inspection Forces Cannabis Company To Cancel $3M Sale Deal
Wednesday, December 6, 2023 - 9:37am | 680YourWay Cannabis Brands Inc. (CSE: YOUR) (OTC: YOURF) has terminated the definitive agreement to sell Labtronix, Inc. for $3 million. What Happened Last week, the Labtronix manufacturing location was visited by the fire department for a surprise inspection and was ordered to cease all extraction...