Capital

CALGARY, AB, Nov.  2022.  Sean "Diddy" Combs announced today that he has agreed to purchase the planned divestiture of assets in New York, Illinois, and Massachusetts from Cresco Labs Inc. and Columbia Care Inc. This historic transaction will create the first minority-owned, vertically integrated multi-state cannabis operator. ATB Financial is acting as Financial Advisor to ...

CHICAGO - Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF), a multi-state cannabis company, today announced it has entered into a credit agreement to refinance its existing $350 million credit facility, extending the maturity date to October 30, 2026. The refinanced indebtedness bears interest at a floating rate based on the prime rate, with a current ...

KELOWNA, BC - The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS), a manufacturer of cannabis products, is pleased to report its third quarter fiscal year 2022 financial results for the period ended August 31, 2022. "Our third quarter results clearly show that we are executing on the most important initiative in this environment which is ...

EDMONTON, AB - Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, today announced that it has repurchased an aggregate of approximately $31.3 million (US$23.0 million) principal amount of its convertible senior notes at a total cost, including accrued interest, of $29.8 million (US$21.8 million) in cash. The ...

NEW YORK - Following President Joe Biden's executive decision to change U.S. policy on cannabis, the White House today announced it is pardoning all prior federal offenses for simple cannabis possession. Consequently, shares of cannabis growers and sellers with U.S.-listed companies rose sharply in Thursday trading. Two well-known cannabis retailers with U.S.-listed stock, Tilray Brands ...

TORONTO and GLIL YAM, Israel, Oct. 5, 2022   IM Cannabis Corp. a medical and adult-use recreational cannabis company with operations in Israel, Canada, and Germany, announce that it has closed the second tranche of its non-brokered private placement, as described in its press release of August 19, 2022, of 1,112,504 common shares of the Company at a price of USD$0.50 per Common Share for aggregate proceeds ...

EDMONTON, AB - Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, today announced its financial and operational results for the fourth quarter and fiscal year ended June 30, 2022. "We continue to enhance the long-term value of our differentiated global cannabis business by quickly identifying highly profitable ...

CHICAGO, Sept. 15, 2022 The Cannabis Market size is estimated to be valued at USD 27.7 billion in 2022 and is projected to reach USD 82.3 billion by 2027, recording a CAGR of 24.3% in terms of value from 2022 to 2027, according to a new report by MarketsandMarkets™. The medical segment sees demand for treating anxiety and pain management Medical segment also ...

LONG BEACH, CA and TORONTO, Sept. 15, 2022  Glass House Brands Inc. today announced that all local regulatory approvals have been granted for Glass House's acquisition of the Natural Healing Center (NHC) dispensary located in Morro Bay, California, and that the transaction has officially closed. Consolidation of the financial results of the Morro Bay store ...

PORTLAND, Ore., Sept. 9, 2022  Allied Market Research recently published a report, titled, "Cannabis Seeds Market by Nature (Organic, Conventional), by Type (Feminized seeds, Regular seeds, Autoflowering seeds), by Distribution Channel (Specialty stores, Wholesalers and distributors, Online sales channel): Global Opportunity Analysis and Industry Forecast, 2021-2031." As per the report, the global cannabis seeds industry was ...

ALBUQUERQUE, N.M., Sept. 7, 2022  The Nirvana Group is joining New Mexico's surging licensed cannabis market: The Nirvana Group, premier seed to sale cannabis company founded in Tulsa, OK, will make its debut this fall, opening a 30,000-square-foot manufacturing facility in Albuquerque with a targeted opened by end of September to produce house and partner brands, including innovative ...

TORONTO - Halo Collective Inc. (NEO: HALO) (OTCQB: HCANF) (Germany: A9KN) announced that it has entered into a termination agreement mutually agreed with Global Tech Opportunities 6, an investment fund managed by Alpha Blue Ocean, pursuant to which, among other things, the Company and GTO have agreed to effect amendments to certain previously issued convertible ...

LONG BEACH, Calif. and TORONTO, Sept. 1, 2022 /CNW/ - Glass House Brands Inc. Today announced the closing of the first tranche of the previously announced non-brokered private placement (the "Offering") of Series B Preferred Stock, face value US$1,000 per share of GH Group, Inc.  a subsidiary of the Company. The initial closing of the ...

BOCA RATON, Fla. - Jushi Holdings Inc. (CSE: JUSH) (OTCQX: JUSHF), a multi-state cannabis operator, announced its financial results for the second quarter 2022 ended June 30, 2022. The Company became a U.S. reporting company effective August 12, 2022. All financial information is provided in U.S. dollars unless otherwise indicated and are prepared under U.S. ...

  VANCOUVER, BC, Aug. 26, 2022 Clifford Starke, Executive Chairman and Chief Executive Officer of Franchise Global, stated, "The Company's German reportable segment continued its momentum in the quarter. Our results reflect the stability of our pharmaceutical business during a period of market volatility." Mr. Starke continued, "We exited the quarter with total liquidity of $4.4 million, ...

SALINAS, Calif., Aug. 25, 2022 Abaca, an industry-recognized financial platform for cannabis operators, and Pacific Valley Bank, are partnering to expand access to cannabis banking in the California market. For the first time since the state legalized medical marijuana 26 years ago, legal operators in the industry have access to the powerful combination: a bank ...

CALGARY, AB and KELOWNA, BC- SNDL Inc. (Nasdaq: SNDL). and The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS) announce today that they have entered into an arrangement agreement  to combine their businesses and create a leading vertically integrated cannabis platform. Pursuant to the terms of the Agreement, SNDL will acquire all of the issued and ...

TORONTO- High Tide, a cannabis retailer, inks a reduced CA$19 million credit agreement. Canadian cannabis retail firm High Tide obtained a $14.7 million credit line from ConnectFirst, an Alberta credit union, for 19 million Canadian dollars. High Tide initially announced the non-dilutive funding in April with a CA$30 million initial value. High Tide later clarified ...

MIAMI - Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), a U.S. multi-state cannabis operator (“MSO”), is reporting financial results for the three months ended June 30, 2022. Unless otherwise noted, all results are presented in U.S. dollars. Jonathan Sandelman, Founder and CEO of Ayr, said, “Over the past few months, we have achieved many of ...

LAVAL, QC - Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT), announced its financial and operating results for the three-month period ending June 30, 2022. Statement from Neptune Management and Board of Directors: "The results Neptune achieved in the first quarter of fiscal 2023 reflect the impacts of strategic decisions we have made over the ...

PHOENIX, Ariz. - 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF), multi-state cannabis operator and retailer, today announced its financial results for the second quarter ended June 30, 2022. All financial information is presented in U.S. dollars unless otherwise indicated. Q2 2022 Highlights Systemwide Pro Forma Revenue of $34.5 million GAAP revenue increased 5% year-over-year to $28.4 million ...

TORONTO - TerrAscend Corp. (CSE: TER) ( OTCQX: TRSSF), a North American cannabis operator, today reported its financial results for the second quarter ending June 30, 2022. All amounts are expressed in U.S. dollars unless indicated otherwise and are prepared under U.S. Generally Accepted Accounting principles (GAAP). Second Quarter 2022 Financial Highlights Net Sales increased 31% ...

BOCA RATON, Fla. - Clever Leaves Holdings Inc. (Nasdaq: CLVR, CLVRW) (“Clever Leaves” or the “Company”), a leading multinational operator and licensed producer of pharmaceutical-grade cannabinoids, is reporting financial and operating results for the second quarter ended June 30, 2022. All financial information is provided in US dollars unless otherwise indicated. Second Quarter 2022 Summary ...