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Michigan's Skymint Heading Towards Inevitable End, Its Assets Slated For Auction In August
Thursday, July 6, 2023 - 6:22pm | 530Michigan-based cannabis company, Skymint has been going through a rough patch lately, to say the least. Now, the cannabis operator prepares to be auctioned off following its collapse and court-appointed receivership earlier this year. The auction, scheduled by receiver Gene Kohut of Trust Street...
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MCBA, Merida Walking The Walk For Social Equity In Cannabis And Hemp
Tuesday, November 26, 2019 - 1:35pm | 557Access to capital remains the most important factor curbing the establishment, expansion and growth of minority-owned businesses, a recent report out of the U.S. Department of Commerce’s Minority Business Development Agency says. Now, this trends seems to be magnified and exacerbated in the...
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Merida Capital Partners Leads Closure Of Henry's Original $11M Series B Investment
Wednesday, August 7, 2019 - 10:14am | 257Cannabis brand Henry’s Original earlier this week closed an $11 million Series B funding round investment led by Merida Capital Partners. Henry’s CEO Jamie Warm told Benzinga the funds will be used to expand its cultivation, processing, distribution, retail and marketing operations in...
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Tökr Receives $1M Investment From Merida Capital Partners
Wednesday, July 17, 2019 - 10:41am | 299Cannabis e-commerce platform tökr announced Wednesday that it has obtained super seed funding led by Merida Capital Partners’ investment of $1 million. Merida is a private equity investment firm that focuses on cannabis-related companies. The capital obtained will be used to expand...
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Meet The Newest Accelerator For Minority-Owned Cannabis Businesses
Wednesday, June 19, 2019 - 8:05am | 460Growing a cannabis business in any sector can be challenging. But facing the hurdles of the very competitive cannabis sector, where regulations are unclear and often conflicting, and new players are entering the space every day, is even more challenging. This is why the Minority Cannabis Business...
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MediaJel Acquires Potnt Agency, Adds Merida Capital's Thomas Harrison As Chairman
Thursday, June 13, 2019 - 3:11pm | 617Cannabis advertising and marketing company MediaJel made two big announcements this week. A New Chairman The company appointed Thomas Harrison, Senior Operating Partner at Merida Capital Partners, as Chairman of the Board. Before joining the company, Harrison was Chairman Emeritus of Omnicom Group...
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This Week's Cannabis News: The FDA And CBD, The STATES Act, Cresco And Origin House, Europe And High Times
Sunday, April 7, 2019 - 4:07pm | 4888The week brought big cannabis news, with the FDA setting its first hearing regarding CBD's legality in food and drinks for May, and the STATES Act, which aims to protect cannabis businesses and users in legal states from federal intervention, being introduced in Congress. “Allowing...
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Merida Capital Partners Launches Third Cannabis Fund, Opens Toronto Office
Thursday, April 4, 2019 - 4:33pm | 309Cannabis-focused Merida Capital Partners announced a number of developments, including the launch of its third fund, opening a new office in Canada and expanding its team with three new hires. Merida's third $200 million fund will focus on concentrated, high conviction investments in leading...
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Vertical Companies Closes $58M Series A Financing Round
Tuesday, April 2, 2019 - 3:50pm | 319Vertical Companies announced it closed its Series A Financing Round at $58 million. The original offering was upsized from $20 million to $35 million due to investor demand and was further oversubscribed by an additional $23 million. What Happened Vertical Companies, which has raised $65 million so...
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Danny Moses Chats About Joining A Cannabis Investment Firm
Monday, October 29, 2018 - 4:04pm | 421Merida Capital Partners announced Danny Moses, a private investor and entrepreneur best known for his role as a trader navigating the global financial crisis as chronicled in Adam McKay’s Oscar-winning movie "The Big Short," has been named the third independent member of Merida...
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Cannabis Consultant Larisa Bolivar Brings Personal Experience To Advocate Marijuana's Social, Economic Benefits
Friday, July 27, 2018 - 1:42pm | 1201Cannabis investors can't afford to miss the Benzinga Cannabis Capital Conference, a premier gathering of investors and entrepreneurs painting an honest picture of the opportunities and challenges in cannabis investing. Space is limited—get your tickets before they sell out. Ahead of the...
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A Private Equity Investor Explains What Got Him Into Cannabis
Friday, July 20, 2018 - 3:20pm | 1641Cannabis investors can't afford to miss the Benzinga Cannabis Capital Conference, a premier gathering of investors and entrepreneurs painting an honest picture of the opportunities and challenges in cannabis investing. Space is limited—get your tickets before they sell out. Ahead of...