BNY Mellon involved in new marijuana NYSE fund
Bank of NY Mellon will act as custodian bank to a new cannabis-focused exchange-traded fund (ETF), the first…
News April 25
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Weekly Deal Watch: Cultivation and retail continue to dominate cannabis investment
The marijuana retail and cultivation segment continues to lead the pack with regard to capital raises and acquisition…
News April 25
Sol Global to acquire Michigan cannabis group MCP Wellness for $150 million
Sol Global, a Toronto-based investment company focused on the cannabis industry, agreed to acquire Michigan-based MCP Wellness, which…
News April 25
Marijuana firm Cresco Labs posts Q4 revenue spike, 2018 profit
Chicago-based Cresco Labs’ revenue more than quadrupled during its fourth quarter, helping pave the company’s path to profitability…
News April 24
Cannabis firm Harvest Health posts spike in Q4, full-year revenue
Arizona-based Harvest Health & Recreation’s revenue more than doubled during its fourth quarter and fiscal 2018 as the…
News April 23
Aphria prices $300M of convertible notes to fund global marijuana expansion
Canadian cannabis firm Aphria plans to raise capital via convertible senior notes in a private placement offering to…
News April 22
Cannabis vaporizer company Pax Labs raises benchmark $420 million in funding
Pax Labs, a San Francisco-based maker of vaporizers, confirmed it raised $420 million in equity financing, a record for…
News April 22
MJardin to add marijuana extraction in Nevada with acquisition
Denver-based MJardin Group agreed to buy Carson City Agency Solutions, which does business as Cannabella, an operator of…
News April 22
Merrill Lynch launches marijuana sector coverage, predicts more cross-border deals
Bank of America Merrill Lynch deepened its interest in the cannabis industry by initiating coverage of the burgeoning sector, less…
News April 22
Marijuana Business This Week: AG’s on the clock, bevy of legislation, medical MJ lottery, Harvest Health earnings & more
Here are some notable stories and events to watch for in the coming days: BARR DEADLINE: Wednesday is…
News April 22
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