Red White & Bloom borrows $60 million to buy Illinois marijuana grow facility
Toronto-based multistate cannabis company Red White & Bloom Brands (RWB) will purchase Illinois-based medical and recreational cultivation facility Cannabis Capital Partners Inc. for $32.5 million after borrowing $60 million.
Cannabis MSO Acreage appoints former top Pfizer executive as CEO
Multistate marijuana company Acreage Holdings Inc. has appointed Peter Caldini as chief executive officer.
Cannabis producer Clever Leaves starts trading on Nasdaq
Shares of Clever Leaves Holdings began trading on the Nasdaq on Friday, making the company the first cannabis producer with its main operations in Colombia to trade on a large U.S. stock exchange.