Tokyo Smoke

Cannabis retailer Tokyo Smoke has finished its restructuring process and is no longer under financial protection, following a court's approval. What Happened The Canadian company first announced that it started restructuring its business in August, obtaining an initial order under the Companies...

Canadian recreational cannabis retailer Tokyo Smoke entered into a share subscription agreement with TS Investments Corp., its parent company. Under the deal, TS Investments will subscribe to all of the issued and outstanding shares of Tokyo Smoke. The deal is valued at roughly $56.7 million (CA$...

Canada's cannabis brand Ghost Drops has joined forces with one of Ontario's largest cannabis retailers, Tokyo Smoke. This collaboration will allow Ghost Drops' cannabis products to reach a broader consumer audience across the province. Twenty strategically selected Tokyo Smoke stores...

Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) is divesting its retail business across Canada, including the stores operating under the Tweed and Tokyo Smoke retail banners. What Happened? Under the agreement with the Canadian cannabis giant, OEG Retail Cannabis, an existing Canopy Growth...

Harborside Inc. (OTCQX: HBORF) (CSE:HBOR) released its financial results for the three months ended March 31, 2022, revealing YoY net revenue increased 38.8% to $17.2 million. The Q1 2022 financial results encompass a period reflecting only one month of contribution from UL Holdings Inc. ("...

MedMen Enterprises Appoints Michael Serruya As Chairman & Interim CEO Cannabis retailer MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF) announced Monday that its board of directors has appointed Michael Serruya as chairman and interim CEO. Serruya replaced outgoing chairman and CEO Tom Lynch...

Cannabis retailer Tokyo Smoke is poised to open nine stores across Ontario, Canada. Canopy Growth Corp.’s (NYSE: CGC) (TSE: WEED) retail brand is launching the new brick-and-mortar retail franchised cannabis locations in January. The news came a year following Canopy Growth’s...

Canopy Growth Corp (TSE: WEED) (NYSE: CGC) announced that it will be working in conjunction with 10 Ontario retail license holders to open new Tokyo Smoke-branded retail cannabis stores across the province.  "With 10 new stores set to open in the first half of this year, we are pleased...

North American cannabis stocks took a beating this week, with the North American Marijuana Index posting a 27.2 percent loss, largely on the back of poor performance among Canadian stocks. "The Canadian market collapsed this week after over $1.2 billion of deal offerings from publicly-traded...

Every week, Viridian Capital Advisors analyst Harrison Phillips walks us through some of the most notable transactions in the legal marijuana industry. During our latest conversation, the expert shared a look at some very interesting deals that supported the hypothesis of increasing capital markets...

Last week, ended February 10, the cannabis industry saw the highest amount of investment and M&A activity announcements year-to-date, lending support to the hypothesis of increasing capital markets support in the cannabis industry. The period witnessed a total of 30 announcements, including 14...