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Can South Africa challenge Canada for global cannabis export dominance?
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Cannabis firm Agrify prices share offering to raise $75 million
Ancillary cannabis company Agrify priced an underwritten public offering to raise $75 million, less than a month after raising $54 million in an initial public offering. The Massachusetts-based developer of…
News February 17
JW Asset, ex-athlete launch $100M fund for marijuana minority businesses
New York fund manager JW Asset Management is teaming up with former NBA All-Star Chris Webber to launch a planned $100 million private equity fund that will invest in underrepresented…
News February 17
Oregon marijuana firms enjoy booming market fueled by pandemic, consumers shunning illicit suppliers
Oregon recreational marijuana companies are enjoyable favorable economics not seen in years, with demand outpacing supply spurred by the COVID-19 pandemic and more consumers moving away from the illicit market…
News February 17
Transforming the cannabis concentrates market
A decade ago, I was spearheading company growth for Atlas Snowshoes, which had just invented and launched a modern snowshoe.
News February 17
Tuatara-backed SPAC raises $175 million to target cannabis acquisitions
Tuatara Capital Acquisition, a cannabis-focused special purpose acquisition company (SPAC), said it raised $175 million in an initial public stock offering with an option for its underwriters to purchase and…
News February 16
Hexo strikes deal to acquire Zenabis for CA$235 million, eyes European, Canadian cannabis markets
Ottawa, Ontario-headquartered cannabis producer Hexo Corp. on Tuesday entered a definitive agreement to buy struggling competitor Zenabis Global for 235 million Canadian dollars ($185 million) in stock.
News February 16
Ontario accelerates cannabis store licensing to 120 per month
The cannabis store regulator in Canada’s largest recreational marijuana market has once again increased the pace at which it issues store licenses, from 20 per week to 30 per week.…
News February 16
Canadian marijuana retailer Fire & Flower seeks Nasdaq listing
Fire & Flower Holdings, a Canadian marijuana retail chain with an eye on international growth, applied to list its shares on the Nasdaq exchange in the United States. “The company…
News February 16
Maine recreational cannabis sales booming; new testing lab opens
A maturing recreational cannabis market in Maine is driving higher sales and lower prices - and consumers are spending more.
News February 16
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