Deal

South African wine and spirits company Distell is now in the cannabis industry. The producer of Bunnahabhain and Deanston Scotch whiskies teamed up with venture capital firm Invenfin to invest in cannabis wellness brand Rethink, The Spirits Business reports. Under the deal with the owner of...

Columbia Care Inc. (OTCQX: CCHWF) has acquired another dispensary in San Diego. The New York-based cannabis company took over The Healing Center San Diego (THCSD) in a $15 million deal. The price tag includes $3 million in cash, $6 million in the company's stock as well as $6 million...

Power REIT (NYSE-AMEX: PW) confirmed Monday the acquisition of two properties in Colorado. The move comes months after the purchase of another Colorado property, dubbed Maverick 5. The Old Bethpage, New York-based real estate investment trust obtained a total of 4.21 acres in Crowley County via...

Cannabis and hemp company Stem Holdings Inc. (OTCQX: STMH) (CSE: STEM) has closed the previously announced acquisition of e-commerce and DaaS (delivery-as-a-service) provider Driven Deliveries Inc. (OTCQB: DRVD). The all-stock deal is valued at about CA$41.3 million. The company'...

Cannabis extraction company Halo Labs Inc. (NEO: HALO) (OTCQX: AGEEF) declared Tuesday it intends to acquire a cannabis processing technology company, 1275111 B.C. Ltd. Under the deal, the company will obtain all of 1275111’s issued and outstanding shares in exchange for its 147,475,343...

Canopy Growth Corp (NYSE: CGC) reported Monday it's giving up on its interest in Canopy Rivers Inc. (TSX: RIV) (PINK: CNPOF). The Toronto-based cannabis-focused venture capital firm opted to transfer three of its portfolio assets to Canopy Growth. Rivers will obtain $115 million in cash and 3....

Cannabis extraction company Halo Labs Inc. (NEO: HALO) (OTCQX: AGEEF) opted to acquire a debt of $18.44 million owed to Evolution Trustees Ltd., a trustee of SP1 Credit Fund, by Herban Industries OR LLC. The purchase will be carried out under the deal between the Toronto-based company, ETL, Herban...

Primo Nutraceuticals Inc. (CSE: PRMO) (PINK: BUGVF) disclosed Thursday its intends to acquire Colorado-based Full Spectrum Biosciences Inc. Under the deal, the Vancouver-based company agreed to fully obtain FSB's revenue-generating assets. The transaction would include FSB's websites...

Verano Holdings LLC is merging with Alternative Medical Enterprises LLC, Plants of Ruskin LLC and other affiliated entities. The Chicago-based cannabis company opted to acquire combining operations with AltMed in Florida and Arizona. The new entity will operate under the Verano...

Vertically integrated cannabis company Flora Growth Corp. confirmed Monday that its Mind Naturals CBD skincare brand would be available in up to 111 Falabella stores across Latin America. Under the distribution deal with Flora's Flora Beauty division, founded by former Miss Universe...

Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI) has invested an additional $2.5 million in a private biotechnology company Hyasynth Biologicals Inc. It’s the second tranche of financing under the $10 million debenture purchase deal between Organigram Inc. – a subsidiary of...

MediPharm Labs Corp. (TSX: LABS) (OTCQX: MEDIF) has partnered with Sunco Green Pharmaceutical Pty Ltd. to bring GMP certified cannabis products to the Australian medical cannabis market and New Zealand. Pursuant to the two-year white-label supply deal, MediPharm Labs Australia Pty Ltd....

Broadcasting company Canna Consumer Goods Inc. (PINK: CBMJ) finalized the previously announced acquisition of DeDonato Enterprises LLC. CBMJ agreed to purchase the Atlanta-based digital marketing agency for $2 million. The price tag includes $200,000 in cash, plus a $1...

Halo Labs Inc. (NEO: HALO) (OTCQX: AGEEF) agreed to buy U.K.-based medicinal cannabis company Canmart Ltd. in exchange for about 72.5 million common shares. The Toronto-based company confirmed the deal on Sunday. Canmart, an importer and distributor of licensed...

MediPharm Labs Corp. (TSX: LABS) (OTCQX: MEDIF) confirmed Tuesday a partnership with a Rio de Janeiro-based distributor, which will bolster the company's delivery services to the largest medical cannabis market in Latin America. Pursuant to the two-year deal, which would...