Matt Lamers

Oceanic, Canopy snag Newfoundland’s newest cannabis stores

Newfoundland and Labrador announced five new recreational cannabis stores, bringing to 29 the total number of sales points in the province. Ontario-based Canopy Growth won two licenses, and local player Oceanic Releaf received three. Newfoundland is expected to announce at least one more round of retail licenses ahead of the first legal sales on Oct. […]

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Medical cannabis firm Green Thumb raising $60 million in Canada to grow US footprint

Illinois-based Green Thumb Industries is planning to expand in New York and Ohio after it closes a $60 million stock-purchase deal through its Canadian-listed shares. Under the bought-deal transaction, a syndicate of underwriters will purchase 7.3 million Green Thumb shares for 11 Canadian dollars per share for gross proceeds of CA$80.3 million ($60 million), according […]

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