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Elliott And Vista Nearing A Deal to Buy Citrix Systems: What Investors Need To Know
Sunday, January 30, 2022 - 5:23pm | 245Elliott Management Corp and Vista Equity Partners are nearing a deal to pay about $104 per share for Cloud-computing company Citrix Systems, Inc. (NASDAQ: CTXS). At $104 per share, the deal would value the company’s equity at about $13 billion According to people familiar with the matter, no...
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Audacious Partners With Thailand-Based Golden Triangle Health To Bring CBD To Asian Market
Wednesday, January 12, 2022 - 3:31pm | 526Australis Capital Inc. (OTCQB: AUSAF) (CSE: AUSA), which operates as Audacious, has entered into a definitive agreement with Golden Triangle Health in a strategic partnership that marks the company's first foray into the Asian market. The move comes some two months after Audacious entered into...
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HERBL To Distribute Jungle Boys Products In California In Tandem With Final Bell
Tuesday, January 4, 2022 - 12:36pm | 370Cannabis supply chain company HERBL has teamed up with Final Bell, an innovative developer of cannabis equipment, in a distribution partnership with Jungle Boys. Under the collaboration, HERBL agreed to distribute Jungle Boys strains and products to dispensaries throughout California. The Santa...
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Heritage Cannabis: Will Supply Canopy Growth With Bulk Live Resin, Inks Commercial Deal, Completes First Shipment
Monday, November 15, 2021 - 10:53am | 500Heritage Cannabis Holdings Corp. (CSE: CANN) (OTCQX: HERTF) announced Monday that it has inked a commercial agreement with Canopy Growth Corp. (NASDAQ: CGC) for the supply of bulk concentrates, including live resin. Based in Toronto, the company recently provided the first shipment of live...
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Deal Breaker: Investment Giant Bans The Word 'Deal,' Imposes $1,000 'Fine' If Said Or Written
Friday, October 22, 2021 - 5:18pm | 396The private equity firm Partners Group Holding banned the word "deal" on company premises, even sanctioning some of its staff $1,000 for using it. What Happened: Partners Group Holding CEO David Layton banned the word during an early June meeting, according to a Wall...
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Curaleaf To Enter Europe After Closing $310M EMMAC Acquisition, $130M Financing
Wednesday, April 7, 2021 - 11:35am | 427Curaleaf Holdings, Inc. (CSE:CURA) (OTCQX: CURLF) has purchased EMMAC Life Sciences The Wakefield, Massachusetts-based company said Wednesday it has completed the previously announced acquisition of one of the largest cannabis companies in Europe. Transaction Details: Under the deal, Curaleaf...
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Ayr Wellness Expands In NJ With $101M Garden State Dispensary Acquisition
Monday, March 29, 2021 - 12:46pm | 335Vertically-integrated cannabis company Ayr Wellness Inc. (CSE: AYR) (OTCQX: AYRWF) confirmed Monday it's acquiring GSD NJ, LLC, which is doing business as Garden State Dispensary. The Canadian company agreed to buy 100% of the New Jersey-based licensed operator's equity interests for $101...
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Avicanna Partners With Al Harrington To Bring Viola Products To Canada
Tuesday, March 23, 2021 - 1:53pm | 491The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Avicanna Inc. (TSX:AVCN) (OTCQX: AVCNF) has agreed to supervise the commercialization of Viola cannabis products in Canada via...
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BAT Invests $175.7M In Organigram To Work On Next-Gen CBD Products
Thursday, March 11, 2021 - 12:10pm | 304Tobacco giant British American Tobacco PLC (NYSE: BTI) opted to invest CA$221 million ($175.7 million) in OrganiGram Holdings Inc (NASDAQ: OGI) The company agreed to purchase some 58.3 million shares of Organigram's subsidiary at CA$3.792 each, representing a 19.9% equity interest. The...
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Hemp In Everything Teams Up With Hideaway Lounge To Launch New CBD Product Line
Tuesday, March 9, 2021 - 12:40pm | 232Hemp in Everything has partnered with North Carolina-based Hideaway Lounge. Under the exclusive deal, Hemp in Everything agreed to provide a Charlotte-based hookah and sports bar with co-branded hemp-derived CBD products, including shisha, gummies, and additional lifestyle products. Hideaway Bar...
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Hero Technologies Launches Massachusetts Subsidiary To Pursue M&A
Monday, March 8, 2021 - 12:39pm | 359Cannabis company Hero Technologies (PINK: HENC) has launched a subsidiary to pursue acquisition opportunities in Massachusetts. The Dover, Delaware-based company plans to utilize MassCannabis LLC to obtain both properties and land in the Bay State as well as launch dispensary projects....
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Valens Expands In Edibles Market, Closes Acquisition Of LYF Food Technologies
Friday, March 5, 2021 - 9:49am | 325Valens Company Inc. (TSX:VLNS) (OTCQX: VLNCF) has acquired Canadian edibles manufacturer LYF Food Technologies Inc. The Kelowna, British Columbia-based company has finalized the previously announced cash and share transaction worth CA$24.9 million ($19.68 million). The price tag included...
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Columbia Care Secures Over CA$25M in Funding Via Another Deal With Canaccord
Thursday, February 11, 2021 - 11:47am | 241Columbia Care Inc. (NEO: CCHW) (OTCQX: CCHWF) is poised to raise some CA$25.2 million ($19.8 million) in funding via a bought deal private placement deal. Under the agreement, the New York cannabis company agreed to sell some 2.8 million of its common shares to Canaccord Genuity Corp. at CA$9 ($7.1...
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BevCanna Closes Naturo Group Acquisition, Announces Debt Settlement And Grant
Monday, February 8, 2021 - 11:52am | 372BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) is taking over a Canadian producer of beverages and consumer products. The Vancouver manufacturer of cannabinoid-infused beverages has entered into an amended and restated agreement to acquire Naturo Group Inc. The move is a step closer to...
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Virtual Medical International To Open 10 New Whole Health Stores In Florida
Thursday, February 4, 2021 - 11:42am | 206Virtual Medical International Inc. (PINK: QEBR) has teamed up with Natural Life to launch ten whole health stores in Florida. Under the joint venture revenue-sharing deal, the Las Vegas company agreed to expand Florida-based Natural Life CBD outlets. Currently, the Natural Life franchise has four...