Truthfulness key to successful cannabis M&A + creative corporate finance
Marijuana multistate operator Parallel and special acquisition corporation Ceres Acquisition Corp. recently called off their $1.9 billion blockbuster merger.
Cannabis MSOs on buying spree in Florida in bid to take on Trulieve
Multistate operators have made a flurry of acquisitions in Florida totaling more than $500 million over the past year, aiming to make inroads into Trulieve Cannabis’ domination of a medical marijuana market where annual sales top $1 billion.
Is cannabis industry on the precipice of change after Trulieve-Harvest deal?
Trulieve’s (CSE: TRUL; OTCQX: TCNNF) acquisition of Harvest Health & Recreation (CSE: HARV; OTCQX: HRVSF) creates the largest U.S. multistate operator ranked by second-quarter sales.
Report: Female, minority executives lose ground in marijuana industry
The percentage of executive positions held by women and minorities in the U.S. cannabis industry fell between 2019 and 2021, according to a new report now available from MJBizDaily.
Cannabis consolidation in Michigan + benefits of tech investments
On Sept. 21, Skymint, one of Michigan’s leading vertically integrated cannabis companies, completed a three-part transaction that included an equity raise, a debt raise and an acquisition.
Canadian cannabis producers speed entry into US via high-stakes wagers
Canadian cannabis companies have picked up the pace to position themselves in the fast-growing markets south of the border – with a number of the deals essentially a wager that the United States will soon legalize marijuana.