merger

Alcanna Inc. (OTCPK: LQSIF) (TSX: CLIQ) announced on Wednesday that the Court of Queen's Bench of Alberta has granted a final order approving the previously announced plan of arrangement with Sundial Growers Inc. (NASDAQ: SNDL). What Happened In October, Sundial reported that it was...

Online cannabis discovery marketplace Leafly Holdings Inc. and Merida Merger Corp. I (NASDAQ: MCMJ), a special purpose acquisition company sponsored by Merida Capital Holdings, announced Wednesday that they have entered into a $30 million convertible note purchase agreement with new investors...

Jupiter Wellness, Inc. (NASDAQ: JUPW) announced Thursday that it is acquiring Next Frontier Pharmaceuticals, Inc., through a merger with a subsidiary of Jupiter Wellness. Deal Details Under the terms of the agreement, Next Frontier Pharmaceuticals' stockholders will receive convertible...

Vertically integrated cannabis company PharmaCann Inc. announced on Tuesday that it is acquiring LivWell Holdings, Inc. Though PharmaCann did not reveal the terms of the agreement with the Colorado-based multi-state cannabis cultivator and retailer, the company said the combined...

Vertically integrated cannabis multi-state operator Ayr Wellness Inc. (CSE: AYR.A) (OTCQX: AYRWF) has wrapped up its recently announced PA Natural Medicine, LLC acquisition. Under the deal, the Miami-based company agreed to purchase 100% of the membership interests of PA Natural Medicine for $80...

Technology-based multimedia platform NUGL Inc. (OTC: NUGL) has teamed up with the Kaya Group, a vertically integrated collection of medical cannabis companies, to utilize each other’s intellectual property and create jointly owned intellectual property. Under the joint venture agreement, NUGL...

Kansas City Southern is firing back at Canadian Pacific's recent efforts to thwart a merger between KCS and CP's rival, CN. KCS (NYSE: KSU) shareholders are holding a special meeting on Aug. 19 to vote on the CN (NYSE: CNI) merger agreement with KCS. Rivals CP and CN are both seeking to acquire...

The $700 million fee that Kansas City Southern paid to terminate its merger agreement with Canadian Pacific slashed KCS' income for the second quarter. KCS (NYSE: KSU) folded the fee into its operating expenses, which became $1.18 billion for the second quarter. It also led to a second-quarter net...

Greenlane Holdings, Inc. (NASDAQ: GNLN) and KushCo Holdings, Inc. (OTCQX: KSHB) are wrapping up their merger. On Tuesday, the companies announced the commencement of the proxy solicitation in connection with the all-stock deal, under which KushCo agreed to become a wholly-owned subsidiary of...

CBD company Panacea Life Sciences, Inc. is going public through a reverse merger with Exactus, Inc. (OTCQB: EXDI), a supplier of hemp-derived ingredients. What Happened The Florida-based Exactus agreed to acquire Panacea by issuing 1 million shares of its Series C convertible preferred stock, 1,000...

The debate over which Canadian railway would provide greater benefits to stakeholders through a merger with Kansas City Southern (NYSE: KSU) appears to be pitting regions of the U.S. against each other, based on Monday releases from both railways. Canadian Pacific (NYSE: CP) says it has support...

Canadian railway CN (NYSE: CNI) continues to report that it is receiving support for its proposed acquisition of Kansas City Southern (NYSE: KSU). CN's efforts to lobby for public support of a merger between itself and Kansas City Southern (KCS) come as the Surface Transportation Board (STB) is...

Rival suitors CN (NYSE: CNI) and Canadian Pacific (NYSE: CP) continue to seek to win over regulators and prove how their respective railway is the perfect partner to merge with Kansas City Southern (NYSE: KSU). Kansas City Southern (KCS) and CN want the Surface Transportation Board (STB) to...

Greenlane Holdings, Inc. (NASDAQ: GNLN) and KushCo Holdings, Inc. (OTCQX: KSHB) are one step closer to finalizing their recent merger. In March, the companies announced that KushCo had agreed to become a wholly-owned subsidiary of Greenlane under an all-stock deal. On Tuesday, the companies...

Canada’s Algoma Steel Inc. is in talks with Legato Merger Corp (NASDAQ: LEGO) to go public through a SPAC merger, according to Bloomberg. The deal is expected to value the entity at more than $1 billion.  The talks are in the preliminary stage, and the terms still could change or...