Navy Capital

Berlin-headquartered cannabis company Sanity Group confirmed Tuesday it has completed a $44.2 million Series A financing round led by Swiss venture capital firm Redalpine, US-based Navy Capital and SOJE Capital. The round was also supported by GMPVC.  According to Sanity Group,...

Cannabis cultivator Connected International Inc., also known as Connected Cannabis, confirmed Wednesday it has completed a $30 million capital raise. What Happened The raise consisted of debt and equity financing. It was led by current investors Navy Capital and One Tower Group, who welcomed new...

In a bid to reach cash flow positivity in the second half of 2020, 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) agreed to sell its non-core retail licenses in Maryland and Pennsylvania. The sale is expected to net Vancouver, Canada-based 4Front $18 million in cash. Pending regulatory...

It was a tough week for cannabis, but a very good week for psychedelics and hemp. Four major cities took significant steps toward the decriminalization of psilocybin mushrooms and other psychedelic plants. Meanwhile, the United States Department of Agriculture released interim regulations for...

Cannabis brand 1906 said Monday it has closed an $18-million funding round led by Navy Capital. The round was supported by the company’s current investors, several institutions and individuals.  The company said it plans to use the funds to support its launch in Illinois, Michigan ...