-
Khiron Life Sciences Confirms First Cannabis Shipment From Colombia To Europe
Thursday, March 11, 2021 - 12:20pm | 330Khiron Life Sciences Corp. (TSXV: KHRN) (OTCQX: KHRNF) completed the first shipment of its registered Colombian cannabis strains to Europe. The strains exported were in the form of live clones, marking the first-ever shipment of medical cannabis live-plant material to Europe from Colombia...
-
Cantor Initiates Neutral Coverage On Village Farms International, Says Its Entry 'Into Other Segments Makes Sense'
Wednesday, March 10, 2021 - 2:37pm | 307Village Farms International (NASDAQ: VFF) shares gained 390% over the last 12 months, and year-to-date the stock is up 42.44%. The Analyst: Cantor Fitzgerald’s Pablo Zuanic initiated coverage of Village Farms with a Neutral rating and a price target of $20. The Thesis: Back in November,...
-
Investment Company Myconic Capital Agrees To Buy Mindscape Ketamine & Infusions Therapy
Wednesday, March 10, 2021 - 2:17pm | 313Myconic Capital Corp. (CSE: MEDI) agreed to buy Mindscape Ketamine & Infusions Therapy PLLC for $175,000. The investment company, which previously operating as Auralite Investments Inc. and has holdings in cannabis, signed a letter of intent to acquire all shares of Mindscape for...
-
Aleafia Health Raises More Than $22M Via Unit Sale
Tuesday, March 9, 2021 - 8:55pm | 189Aleafia Health Inc. (TSX: AH) (OTCQX: ALEAF) raised $22.7 million via a previously announced bought deal offering. Under the offering, vertically-integrated Canadian cannabis company issued 27.39 million units of the company, with a price tag of 83 cents for gross proceeds of $22.7 million,...
-
GrowGeneration Shares Jump On Heels Of LA-Based Hydroponic Lease Deals
Tuesday, March 9, 2021 - 1:47pm | 464GrowGeneration Corp. (NASDAQ: GRWG) entered two leases in Los Angeles County, California, which will be adapted for the company’s two new Super Hydroponic Garden Centers. The details of the leases weren’t disclosed. The company noted that these leases represent 122,000 sq. ft. of retail...
-
One80 Intermediaries Buys Cannabis Insurance Provider Cannasure To Expand Its Offering
Tuesday, March 9, 2021 - 1:39pm | 301One80 Intermediaries, a brokerage insurance solutions provider, has acquired cannabis insurance provider Cannasure Insurance Services. Deal details remain undisclosed. A private insurance wholesaler and program manager, One80 operates across the U.S. and Canada. It provides placement services and...
-
Trulieve Teams Up With Morehouse School of Medicine On Medical Cannabis Research
Tuesday, March 9, 2021 - 1:23pm | 349Trulieve Cannabis Corp (CSE: TRUL) (OTCQX: TCNNF) teamed up with Morehouse School of Medicine (MSM) on a medical cannabis research and education initiative. The Florida cannabis company signed a research, education and development agreement with Morehouse School of Medicine, under which...
-
Cannabis Payments Platform AeroPay Raises $5M To Bolster Tech, Finance New Hires
Monday, March 8, 2021 - 2:05pm | 469Digital payments platform AeroPay has raised more than $5 million in a venture round led by Chicago Ventures. The raised money will be used to finance new hires, further developments in the cannabis industry, and new features of the product. Chicago Ventures is known...
-
High Times To Buy California Dispensary Desert's Finest For $6.2M
Monday, March 8, 2021 - 1:57pm | 355Hightimes Holding Corp., the media and events company known for its cannabis publication High Times, will buy a cannabis dispensary Desert’s Finest in a $6.2 million deal. Out of those $6.2 million, around $5.35 million will be in the form of convertible debt, projected to close in the...
-
Eaze's 'State of Cannabis' Data Report: How Consumers Reacted To Crises, What New Markets Can Learn
Wednesday, March 3, 2021 - 4:42pm | 310California cannabis delivery platform Eaze recently released its annual “State of Cannabis” data report, an analysis of cannabis product trends, buying habits, consumption preference, and more. This report was focused on how cannabis consumers responded to crises in 2020. The findings...
-
Columbia Care Expects Record Q4 Earnings, Will Finalize Green Leaf Medical Deal Soon
Wednesday, March 3, 2021 - 2:18pm | 285Columbia Care Inc. (NEO: CCHW) (OTCQX: CCHWF) released preliminary financial results for the fourth quarter and full-year 2020. The New York-based company expects combined quarterly revenue to hover $81.8 million. That's up by 234% year-over-year. Columbia Care says it...
-
Schwazze Shares Bounce On Heels Of Five Star Buds Deal Valued At $72.3M
Wednesday, March 3, 2021 - 1:05pm | 437Schwazze, previously known as Medicine Man Technologies Inc. (OTCQX: SHWZ), completed the acquisition of five Colorado-based Star Buds dispensaries in a $72.3 million stock and cash deal. The news comes on the heels of its $34 million raise, via the latest tranche of preferred equity. The Colorado...
-
Earnings Update: Lowell Farms Shares Down On Heels Of Revenue Slip, Choom Shares Jump On Revenue Growth
Tuesday, March 2, 2021 - 2:06pm | 562Lowell Farms Posts Lower Revenue And Operating Results Lowell Farms Inc. (OTCQX: INDXF) — previously known as Indus Holdings — posted its annual and quarterly earnings results Tuesday. The Salinas, California-based cannabis company reported quarterly revenue of $9.2...
-
Schwazze Raises $34M To Support Purchase Of Star Buds Stores
Tuesday, March 2, 2021 - 12:11pm | 270Schwazze, previously known as Medicine Man Technologies Inc. (OTCQX: SHWZ) has raised $34 million in financing.] The Colorado company completed the latest tranche of preferred equity, bringing its total raise to $56 million. CRW Capital Cann Holding LLC, an affiliate of Dye Capital,...
-
Are You Overpaying For Pot Products? What A New Study About Cannabis Mislabeling Shows
Tuesday, March 2, 2021 - 9:09am | 365Some 45% of cannabis products worldwide are mislabelled with higher than actual THC levels. That's according to cannabis tech company GemmaCert, which reported the findings Tuesday as part of a 2020 study focused on the accuracy of marketed cannabis potency. The...