Pennsylvania is a hotbed for cannabis M&A
On July 12, Verano Holdings Corp. (CSE: VRNO; OTCQX: VRNOF) closed its acquisition of all outstanding and issued equity interests in Agri-Kind, Pennsylvania cultivator and processor, and Agronomed Holdings.
Pennsylvania raises medical marijuana purchase limits, makes other changes
Changes to Pennsylvania’s medical marijuana laws will allow patients to purchase three times more cannabis in one visit, which could boost sales for dispensaries.
Marijuana hydroponics firm buying nutrient business for $161 million
Marijuana hydroponics equipment and supplies company Hydrofarm Holdings Group struck a deal to acquire organic nutrient and grow media company Aurora Innovations for roughly $161 million.
Investors key in on social equity, sustainability – even in cannabis
While business fundamentals will – and absolutely should – continue to be critical factors in investments, more funds are adapting their models to include activities viewed as beneficial to the broader world, including sustainability and social equity.
US cannabis sales off to strong start in 2021
Cannabis sales in 2021 were expected to be muted, relative to sales in 2020, but instead, transaction volume from new consumers supported unexpectedly high growth rates early this year.
Cash incentives and fiestas: Marijuana operators get creative to encourage COVID-19 vaccinations
There’s a big party on the horizon at Glass House Farms, a marijuana grower in Santa Barbara County, California.
They’re calling it a fiesta, an outdoor celebration honoring employees after a year of COVID-19 trauma and disruption.
