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Harvest Health Finalizes Deal To Jettison 8 Dispensaries To High Times For $61.5M
Tuesday, June 23, 2020 - 3:26pm | 257Cannabis company Harvest Health & Recreation Inc. (CSE: HARV) (OTCQX: HRVSF) has wrapped up its dispensary sale to High Times Holding Corp. The deal, initially announced in April, underwent changes earlier this month when Harvest disclosed its plan to sell...
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Bluma Wellness Complete Reverse Takeover, Will Operate Under 'One Plant'
Friday, June 12, 2020 - 11:28am | 373Medical cannabis company Bluma Wellness Inc. confirmed it has completed a reverse merger takeover of CannCure Investments Inc. The deal was initially announced in January. According to Friday's press release, the Toronto-based company — previously known as...
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High Times To Acquire 2 Dispensaries In Northern California
Tuesday, June 9, 2020 - 12:45pm | 326High Times Magazine owner, Hightimes Holding Corp., confirmed Tuesday the acquisition of two cannabis dispensaries in Northern California. Under the deal, the Los Angeles-based publishing and events company will purchase 530 Collective in Shasta Lake as well as a store in...
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Jushi To Close Philadelphia Stores Due To Demonstrations
Tuesday, June 2, 2020 - 12:50pm | 319Jushi Holdings Inc. (CSE: JUSH) (OTCQX: JUSHF) has issued a temporary shutdown of operations in its Philadelphia locations due to the current protests. The Boca Raton, Florida-based company closed its Center City and Northern Liberties locations in response to vandalism and robberies,...
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Cansortium Revenue Spikes To $9.5M In Q4
Tuesday, May 19, 2020 - 3:35pm | 256Cansortium (OTC: CNTMF), which recently opened its 20th medical marijuana dispensary, reported fourth-quarter and full-year 2019 financial results, as well as its preliminary first-quarter 2020 results. Q4 Highlights Consolidated revenue increased 52% to $9.5 million, compared with...
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CapStone Holdings Invests $50M Into Cannabis Operator Curaleaf
Monday, May 11, 2020 - 11:13am | 408CapStone Holdings Inc. said Monday it has decided to take a stake in the cannabis industry by investing $50 million in Curaleaf Holdings Inc (CSE: CURA) (OTC: CURLF). Wakefield, Massachusetts-based Curaleaf, a medical and wellness cannabis operator, manufactures a pharmaceutical...
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Planet 13 To End The Deal With Newtonian Principles
Tuesday, April 14, 2020 - 12:30pm | 308Planet 13 Holdings Inc. (CSE: PLTH) (OTCQX: PLNHF), a Nevada-based developer of cannabis products, announced Monday it's terminating its definitive agreement with Newtonian Principles for the acquisition of its sales license and lease for a dispensary in Santa...
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Recent Cannabis Industry Deals Reveal Interesting Trends: Canadian Market Maturing Faster Than U.S.
Thursday, February 9, 2017 - 9:33am | 1111“We are continuing to see Canadian companies invest in or acquire assets in U.S. cannabis markets [...] looking to take advantage of increased demand abroad,” Viridian Capital Advisors analyst Harrison Phillips told Benzinga on Wednesday, going over some of the most recent M&A...
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Marijuana Penny Stocks: 2 More Cannabis Companies With Suspicious Insider Activity
Sunday, February 5, 2017 - 6:57pm | 930As our readers might know by now, Benzinga is constantly on the lookout for both good and bad investment options. One of our top sources for investments in the cannabis industry is Alan Brochstein, founding partner at New Cannabis Ventures and founder at 420 Investor, who periodically updates us on...
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Investing In Marijuana Stocks 2017: Last Week Was The Best So Far
Friday, February 3, 2017 - 9:27am | 714Viridian Capital Advisors, one of the world’s leading financial and strategic advisory firms for the cannabis industry, publishes two reports every week. One tacks the performance of its Cannabis Stock Index, and the other one tracks the most recent investment and M&A activity in the...
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Canopy Growth, The Largest Marijuana Business In The World, Debuted On Toronto Stock Exchange
Thursday, February 2, 2017 - 5:03pm | 556Readers have probably heard about Canopy Growth Corp (TSE:WEED) (CVE:CGC)(OTC: TWMJF); it’s been all over the news in the past few weeks. Canada-based Canopy Growth is the largest legal marijuana company in the world, and parent of Tweed, the famous pot brand endorsed by Snoop Dogg....
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Marijuana Industry Deals In 2017: The Most Relevant Transactions In The Cannabis Space
Thursday, February 2, 2017 - 12:38pm | 1265Once a week, Viridian Capital Advisors, one of the world’s top financial and strategic advisory firms for the cannabis industry, publishes a couple of reports. One traces the performance of its Cannabis Stock Index, and the other one tracks the most recent investment and M&A activity in...
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Getting The Word Out To Cannabis Users: A Chat With BudgetWeed CEO Marlon Fuller
Tuesday, July 15, 2014 - 3:57pm | 1095Editor's note on July 28, 2015: Dr. Marlon Fuller is no longer affiliated with BudgetWeed.com. BudgetWeed.com is a Charlotte, North Carolina-based cannabis industry product and service locater. The website, according to its founder and CEO Dr. Marlon Fuller is “a fusion between Yelp and...