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Flora Growth Colombian Assets Sale Anticipated To Contribute $6.1M In Annual Savings
Wednesday, July 26, 2023 - 10:40am | 395Flora Growth Corp. (NASDAQ: FLGC) provided an update with respect to the July 5 purchase and sale agreement for the sale of its Colombian related subsidiaries and assets to a private company in consideration for CA$800,000, ($605,000). The sale relates to all of Flora's operations in Colombia,...
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Cannabis Operators Join Forces Through Business Combinations For More Accretive Transactions
Tuesday, January 31, 2023 - 2:27pm | 547Vertically integrated cannabis operator, Stem Holdings, Inc. (OTCQB: STMH, CSE: STEM) announced that executed a term sheet for a proposed business combination with Headwaters, LLC, a California-based greenhouse cultivator. “Over the past 12 months, Stem has worked tirelessly to find the...
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Stem Closes Agreements To Sell Cannabis License In Massachusetts For $1.65M
Monday, April 18, 2022 - 10:40am | 294Stem Holdings, Inc. (OTCQX: STMH) (CSE:STEM), a vertically integrated cannabis multi-state operator, closed a stock purchase and note purchase agreement to sell its minority equity ownership interest in its Massachusetts cannabis license for a total of $1.65 million in cash on April 13, 2022....
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Stem Holdings Co-Founder Matthew Cohen Named CEO & CFO
Monday, April 4, 2022 - 11:25am | 330Cannabis operator Stem Holdings, Inc. (OTCQX: STMH) (CSE: STEM) has appointed co-founder Matthew Cohen, as CEO and CFO, effective immediately. Cohen revealed his plan to focus all company’s resources on operations, which are predominately in Oregon. “We intend to monetize the...