joint venture

Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) is reportedly set to acquire a 20% stake in a new joint venture with Intel Corp (NASDAQ:INTC), aimed at addressing the U.S. chipmaker's ongoing struggles, including its $18.8 billion net loss in 2024. What Happened: Intel and TSMC have reached a...

Indoor Harvest Corp. (OTCPK: INQD) and MjLink.com, Inc. have joined forces to create a technology and media platform tailored for the hemp and CBD industry as well as other emerging growth companies. What Happened On September 29, Decentral Life, Inc. (OTCPK: WDLF) announced a binding Letter of...

Sony Group’s (NYSE: SONY) Network Communication department has formed a joint venture with Singapore-based Startale Labs to develop a blockchain that will be an integral part of the global web3 infrastructure. The JV company will be formed in September and will be named “Sony Network...

Cannabis Global, Inc. (OTCPK:CBGL) announced Tuesday that it has signed a non-binding letter of intent to create a joint venture that includes an option to acquire a controlling interest in the Massachusetts-based cannabis business operator. What Happened Under the terms of the proposed joint...

Cannabis cultivator and manufacturer Flora Growth Corp. (NASDAQ: FLGC) revealed Friday that it has entered into a definitive agreement with Canada-based Avaria Health & Beauty Corp. to form a joint venture company - FloVaria Corp - equally owned by both entities. The move follows Flora Growth...

Heritage Cannabis Holdings Corp. (CSE: CANN) (OTCQX: HERTF) said Tuesday it has signed a joint venture sales and processing agreement with Noble Growth Corp., a cannabis cultivator focused on creating beneficial strains that contain sought after CBD, flavonoid, and terpene profiles for both...

Cannabis company Sundial Growers Inc. (NASDAQ: SNDL) said Wednesday it has raised its financial commitment to SunStream Bancorp Inc by CA$350 million ($282.4 million) to CA$538 million. Based in Calgary, Sundial announced in March the launch of a 50/50 joint venture with SAF Opportunities LP...

3D-Printed Electronics provider Nano Dimension Ltd (NASDAQ: NNDM) collaborated with defense and security electronics and sensor solutions provider Hensoldt AG (OTC: HAGHY) in a $6 million joint venture entity named J.A.M.E.S. GmbH (Jetted Additively Manufactures...

Halo Collective Inc. (NEO: HALO) (OTCQB: HCANF) (FSE: A9KN) and Red Light Holland Corp. (CSE: TRIP) (FSE:4YX) (Pink: TRUFF) are forming a 50/50 joint venture. Red Light Oregon, Inc. is poised to keep track of regulatory updates related to Oregon's Measure 109, as well as form a management team...

Village Farms International Inc. (NASDAQ: VFF) (TSX: VFF) has settled its obligations concerning the prior acquisition of a stake in the joint venture Pure Sunfarms.  The Vancouver-based greenhouse grower confirmed Monday it has repaid the CA$19.9 million ($15.6 million) promissory note,...

Virtual Medical International Inc. (PINK: QEBR) has teamed up with Natural Life to launch ten whole health stores in Florida. Under the joint venture revenue-sharing deal, the Las Vegas company agreed to expand Florida-based Natural Life CBD outlets. Currently, the Natural Life franchise has four...

N2 Logics Inc. has purchased Bloom Botanics, the Europe-based CBD online superstore and provider of complex mushroom blends. The news is confirmed Monday by New Wave Holdings Corp. (CSE: SPOR) (OTC: TRMNF), which owns an interest in the digital marketing portfolio company. The Toronto-based...

Cannabis investment firm Cannapreneur Partners is teaming up with two Massachusetts dispensaries. The Westborough-headquartered company confirmed Thursday it's forming a joint venture with veteran-owned stores, JWTC Wick and Noble Manna LLC. Cannapreneur also noted it invested in both...

Scotland-based energy company SSE Plc (OTC: SSEZY) will sell its 50% stakes in two energy-from-waste joint ventures Multifuel Energy Ltd and Multifuel Energy 2 Ltd for approximately $1.3 billion (995 million pounds), reports Bloomberg. Australian asset management company First Sentier...

International Land Alliance Inc. (OTCQB: ILAL) teamed up with a privately-held California hemp grower to form a joint venture to develop a commercial hemp operation. According to the agreement between the company and the undisclosed grower, the newly formed JV would be owned 50% by...