cannabis acquisition

Grown Rogue International Inc. (CSE:GRIN) (OTC:GRUSF) has obtained licensing approval with the New Jersey Cannabis Regulatory Commission and closed its first option to acquire 44% of ABCO Garden State, LLC on Friday, May 31. What Happened Obie Strickler, the company's CEO, said "All regulatory...

Canopy Growth Corporation (TSX:WEED) (NASDAQ:CGC) announced on Tuesday today that the option to acquire all of the issued and outstanding Class E subordinate voting shares of Acreage Holdings, Inc. (CSE:ACRG, ACRG.B.U)) (OTCQX:ACRHF, ACRDF)), has been exercised. What Happened The latest move is by...

Planet 13 Holdings Inc. (CSE:PLTH) (OTCQX:PLNH) closed its previously announced sale of Planet 13 Florida, Inc. on Monday following the previously announced approval from the Florida Office of Medical Marijuana Use in April. What Happened The Las Vegas-based vertically-integrated multi-state...

The Las Vegas-based cannabis giant Planet 13 Holdings Inc. (CSE:PLTH) (OTCQX:PLNH) is a step closer to a major expansion in Florida. What Happened The Florida Office of Medical Marijuana Use (OMMU) gave the green light to Planet 13 for the proposed sale of Planet 13 Florida, Inc. and the...

Grown Rogue International Inc. (CSE:GRIN) (OTC:GRUSF) has increased ownership in its Michigan operations from 52.2% to 80% via two transactions valued at $2.8 million. The purchase price included $200,000 paid in cash and $2.6 million paid by way of four-year sellers’ notes, the company said...

Flora Growth Corp. (NASDAQ:FLGC) has entered into a definitive agreement to acquire all of the issued and outstanding shares of Germany-based TruHC Pharma GmbH. The company’s latest move to further cement its global footprint comes on the heels of a new German cannabis law that went into...

Multi-state marijuana operator MariMed Inc. (CSE:MRMD) (OTCQX:MRMD) has closed the acquisition of Allgreens Dispensary, LLC on Tuesday, April 9, its fifth dispensary in Illinois. The Massachusetts-based company said the green light from the Illinois Department of Financial & Professional...

PharmaCielo Ltd. (TSXV:PCLO) (OTCQX:PCLOF) revealed its plans to acquire cannabis operations in Thailand. What Happened On Wednesday, the Canadian parent of Colombia’s premier cultivator and producer of dried flower and medicinal-grade cannabis extracts, PharmaCielo Colombia Holdings S.A.S.,...

C21 Investments Inc. (CSE:CXXI) (OTCQX:CXXIF) announced on Friday that its wholly-owned Nevada subsidiary, Silver State Relief, LLC, is buying Deep Roots Harvest, Inc. in a $3.5 million deal. Simultaneously, the company announced a non-brokered private placement of a principal amount of CA$1,000 ($...

Canadian medical cannabis giant Aurora Cannabis Inc. (NASDAQ:ACB) (TSX:ACB) reported its financial and operational results on Thursday for the third quarter of fiscal year 2024. CEO Miguel Martin said that medical cannabis net revenue has increased significantly year-over-year, adding the third...

Canopy Growth Corporation (TSX:WEED) (NASDAQ:CGC) completed a divestiture of its This Works skincare and wellness brand. Inspirit Capital, a London-based investment firm, paid up to £9.3 million ($11.7 million) including cash. Smiths Falls, Canada-based Canopy Growth will receive an upfront...

Shiny Health & Wellness Corp. (TSXV:SNYB) has signed an asset purchase agreement with Karan S. Holla for his Stash & Co. Ontario chain of 10 adult-use cannabis retail stores. What Happened The company’s previously announced letter of intent on Oct. 27 for Shiny Health to add 10 SC...

Canadian cannabis producer BZAM Ltd. (CSE: BZAM) (US-OTC: BZAMF) has entered into a definitive share exchange agreement on Tuesday to acquire Final Bell Canada Inc. from Final Bell Holdings International Ltd. What Happened Under the terms of the agreement, FBHI, the sole shareholder of FBC, will...