-
Did The Federal Government (Un)Knowingly Finance The Marijuana Industry?
Monday, June 12, 2023 - 11:05am | 663Remember when New York-based Signature Bank (OTCPK: SBNY) became the third financial institution to collapse following the demise of Silicon Valley Bank and Silvergate Capital Corp? This led to some unexpected, if ironic, consequences...the ...
-
Cannabis Goes Global: Czech Republic, Australia, Nepal, Costa Rica And Canada Updates
Thursday, May 18, 2023 - 5:30pm | 649Czech Government Reverses CBD Ban, Prioritizes Research & Clear Regulations "We have agreed that the upcoming measure regulating the sale of CBD will not come into force now," stating that a dedicated working group has been established to develop "clear and predictable rules,...
-
EXCLUSIVE: Big Costa Rica Sugar Company Gets Into The Cannabis Industry, Could Create 500 Jobs In 3 Years
Tuesday, September 13, 2022 - 12:07pm | 466Azucarera El Viejo, a Costa Rica-based sugar company founded in 1958, is announcing Tuesday that it has entered into an agreement with Merida Capital Holdings, a leading cannabis private equity firm with more than 75 companies in their cannabis portfolio, to build a world-class medical...
-
Michigan's SKYMINT BRANDS Completes Acquisition Of 3Fifteen Cannabis
Wednesday, April 27, 2022 - 1:54pm | 470SKYMINT BRANDS announced under an MSA, the completion of its definitive agreement to acquire 3Fifteen Cannabis' retail chains from majority owner Merida Capital Holdings. "We are thrilled to be adding 3Fifteen Cannabis' highly complementary retail portfolio," stated...
-
Cleantech Co. Bast Fibre Technologies Raises $7M In New Round Including Merida Capital
Friday, May 21, 2021 - 1:40pm | 249Bast Fibre Technologies (BFT), a cleantech natural fiber engineering company working with hemp, announced this week the closing of a CAD$8.5 million ($7 million) Series A equity financing round. U.S.-based private equity firm Merida Capital Holdings is a key new shareholder in this Series...
-
Petalfast, Cannabis Sales And Marketing Agency, Raises $2.8M In Round Led By Merida Capital
Thursday, May 20, 2021 - 10:25am | 220Petalfast, a sales and marketing agency for the cannabis industry, announced the closing of a $2.8 million capital raise led by Merida Capital Holdings. Petalfast plans to allocate the proceeds to expand its client portfolio and strengthen its role in helping established as well as up-and...
-
Water-soluble Emulsion Tech Company SōRSE Secures $2M Lead Investment From Merida Capital
Thursday, April 22, 2021 - 3:39pm | 301SōRSE Technology Corporation confirmed Thursday it has launched a $4 million convertible note offering, receiving a $2 million lead investment from a private equity firm, Merida Capital Holdings. A water-soluble emulsion technology company said it plans to use the investment to support its...
-
Heritage Cannabis Buys Premium 5 'To Expand Its Reach'
Tuesday, January 26, 2021 - 1:12pm | 305Heritage Cannabis Holdings Corp. (CSE: CANN) (OTC: HERTF) has finalized its purchase of Premium 5 Ltd., a Canadian cannabis company specializing in full-spectrum concentrates. The Toronto-based cannabis company highlighted several strategic benefits coming from this acquisition: Expanding its...