Canadian company Heritage Cannabis to raise up to $20M via equity line of credit
Heritage Cannabis Holdings Corp. is raising up to $20 million from Obsidian Global Partners by way of an…
News November 4
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Sean ‘Diddy’ Combs to buy Cresco, Columbia Care marijuana assets for up to $185 million
Business mogul and rapper Sean "Diddy" Combs agreed to buy marijuana retail and production assets owned by Columbia…
News November 4
Fitch chops Canopy rating, citing cannabis producer’s Constellation link
Fitch Ratings downgraded its assessment of Canadian cannabis producer Canopy Growth to CCC-, one of the agency's lowest ratings.
News November 3
Could US marijuana companies follow Canopy to the Toronto Stock Exchange?
Ontario, Canada-based licensed cannabis producer Canopy Growth's plans to launch Canopy USA to accelerate its acquisitions of three…
News November 2
SNDL successful in bid to acquire marijuana producer Zenabis
Calgary, Alberta-based SNDL said it successfully completed its acquisition of Zenabis Group.
News November 1
Cannabis producer Hexo reports CA$1.1 billion loss for year
Quebec-based cannabis producer Hexo Corp. reported a net loss of 102.4 million Canadian dollars ($75 million) for its…
News November 1
Cannabis financier SHF Holdings buys fintech firm Abaca for $30 million
Colorado-based cannabis-focused finance company SHF Holdings said it is spending $30 million in a cash-and-stock deal to acquire…
News October 31
Toronto exchange OK with Canopy’s US cannabis plan despite Nasdaq objection
The chief executive of the Toronto Stock Exchange has suggested that Canopy Growth's proposed structure to speed its…
News October 28
Marijuana MSO Verano refinances $350 million credit facility
Marijuana multistate operator Verano Holdings refinanced its existing $350 million credit facility from cannabis industry real estate lender…
News October 27
Hemp product manufacturer Bloomios acquires gummy maker for $23.5 million
California-based Bloomios, a white-label and private-label hemp product manufacturer, acquired gummy maker Infusionz for $23.5 million.
News October 27
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