cannabis merger

RIV Capital Inc. (CSE:RIV) (OTC:CNPOF) reported on Friday its third quarter results for the three months ended Sept. 30, revealing a 28% sequential, and 186% year-over-year, increase in net revenue to $4.9 million. Out of that sum, retail revenue accounted for $3.4 million, up from $1.5 million in...

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...

RIV Capital Inc. (CSE:RIV) (OTC:CNPOF) reported on Wednesday financial results for the second quarter, a three-month period ended June 30, 2024. Mike Totzke, the company's COO and interim CEO, praised "ongoing success of our adult-use operations rollout" in New York during the quarter. “The...

Cansortium Inc. (OTC: CNTMF), a multi-state cannabis operator under the FLUENT brand and RIV Capital Inc. (OTC: CNPOF) announced a merger that will operate in Florida, New York, Texas, and Pennsylvania, covering 25% of the U.S. population with eight cultivation and processing...

Nature’s Miracle Holding Inc. (NASDAQ:NMHI), a vertical farming technology and infrastructure provider, and Agrify Corporation (NASDAQ:AGFY), a leader in cultivation and extraction technologies for the cannabis industry, have mutually agreed to terminate their previously announced merger plan...

Vertical farming technology and infrastructure provider Nature’s Miracle Holding Inc. (NASDAQ:NMHI) and Agrify Corporation (NASDAQ:AGFY) announced Thursday that both parties have signed a definitive agreement and merger plan. Under the deal, a new wholly-owned subsidiary of Nature’s...

Planet 13 Holdings Inc. (CSE:PLTH) (OTCQX:PLNH) closed its previously announced sale of Planet 13 Florida, Inc. on Monday following the previously announced approval from the Florida Office of Medical Marijuana Use in April. What Happened The Las Vegas-based vertically-integrated multi-state...

Over the years, Israel has grown into an international giant in the cannabis industry. Recent regulatory reforms approved by the Israeli Ministry of Health allowed physicians to prescribe cannabis to patients as a first-line treatment. Israel has seen a significant increase in the number of...