Marijuana Stocks & Public Companies

Aphria warned by Health Canada about ‘noncompliance’ in June

Beleaguered Canadian cannabis giant Aphria was given a noncompliance rating and issued a warning letter by Health Canada in June over “critical” findings discovered in a routine annual inspection. During the inspection, Health Canada identified three critical items related to recordkeeping, good production practices and sanitation and maintenance of Aphria’s facility in Leamington, Ontario, the […]

Read More

Multistate cannabis firm Cresco Labs launches trading on CSE

Chicago-based Cresco Labs began trading Monday on the Canadian Securities Exchange, adding its name to the rapidly growing list of U.S.-based firms that are going public in Canada. Here’s what you need to know: Cresco Labs will trade on the CSE under the ticker symbol CL. Shares of the multistate marijuana company opened at 8 Canadian […]

Read More

Arizona marijuana consulting firm acquired by Item 9 Labs

One of the longest-operating cannabis consulting firms in Arizona, Dispensary Permits, has been acquired by publicly traded corporation Item 9 Labs for $1.5 million and 3 million shares of stock. Here are the basics of the deal: Item 9 Labs (OTC: INLB) said in a news release the agreement includes ownership of websites dispensarypermits.com and dispensarytemplates.com, along with […]

Read More

US cannabis edibles firm Dixie Brands debuts trading on CSE

Denver-based Dixie Brands began trading Thursday on the Canadian Securities Exchange, joining a rapidly growing list of U.S.-based marijuana firms that have looked north of the border to raise capital to grow and compete. Shares of Dixie – trading under the ticker symbol DIXI.U – opened at 1.05 Canadian dollars (79 cents). The move follows the […]

Read More

Multistate marijuana firm Cura Partners inks $75 million private placement

Oregon-based Cura Partners, a multistate cannabis firm, has completed a $75 million private placement. The capital will be used for product development, marketing and expanding operational infrastructure, the company said. The raise included investments from institutional investors in North America, Asia, Australia and the United Kingdom, “reflecting increasing global interest in the cannabis industry,” Cura […]

Read More

Sunniva acquires California-based cannabis distributor

Vancouver, British Columbia-based Sunniva (Canadian Securities Exchange: SNN) has acquired LTYR Logistics, a California-based cannabis distribution company in a stock deal valued at 7.9 million Canadian dollars ($5.9 million). LTYR Logistics, headquartered in San Diego, will become Sunniva’s logistics and technology distribution platform. Read more about the deal here.

Read More

Cannabis firms Cannex Capital, 4Front announce all-stock merger

Cannex Capital Holdings of Vancouver, British Columbia, and 4Front Holdings, an Arizona-based multistate marijuana firm, have announced plans to merge. The all-stock deal – which places an approximate valuation of more than $230 million on 4Front – is subject to shareholder approval and reviews by the Canadian Securities Exchange (CSE). The combined company will trade […]

Read More

Bermuda set to open door to medical cannabis investments

Bermuda plans to allow medical marijuana production and is inviting international companies to partner with local entrepreneurs to participate, according to recent statements by Premier David Burt. The government has tapped one of the biggest medical cannabis companies in the world to help it prepare regulations to guide the new industry. “We’re participating in Bermuda […]

Read More

Marijuana firm MedMen scales back financing, appoints interim CFO

MedMen Enterprises is slashing its latest funding round as the firm’s stock tumbles and the California cannabis company hunts for a new chief financial officer. The multistate cannabis firm revealed Friday that CFO James Parker resigned. The company appointed Jim Miller, vice president of accounting, as interim CFO while the firm searches for a replacement […]

Read More