Hexo leapfrogs competitors with CA$925 million deal for rival cannabis producer Redecan
Canadian cannabis producer Hexo Corp. struck a definitive deal to buy one of the leading adult-use producers in…
News May 28
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Marijuana MSOs report stellar financials; megamergers could heat up
U.S. marijuana multistate operators reported banner revenue growth in the first three months of this year, boosted by…
News May 28
Aurora Cannabis shares make debut on Nasdaq after firm departs NYSE
Edmonton, Alberta-based Aurora Cannabis has left the New York Stock Exchange (NYSE) and followed some of its Canadian…
News May 25
Cannabis REIT upsizes senior note offering to raise $300 million
Cannabis industry real estate investment trust Innovative Industrial Properties (IIP) said it upsized a previously announced private debt…
News May 20
The Parent Co. spends $67 million to boost cannabis supplies, retail access
The Parent Co. (TCPO Holding Corp.) said it is spending a total of $67 million to bolster its…
News May 18
Samuel Adams brewer to research cannabis beverages in Canada
The Boston Beer Co., the maker of Samuel Adams, announced plans to establish a subsidiary in Canada to…
News May 17
Why Hexo is buying 48North Cannabis for CA$50 million: Q&A with CEO St. Louis
Hexo Corp. is buying competitor 48North Cannabis Corp. in an all-stock deal worth approximately 50 million Canadian dollars…
News May 17
Canadian cannabis producer Hexo to enter US with Colorado facility
Hexo Corp. entered purchase and sale agreements for a 50,000-square-foot cannabis production facility in northern Colorado, marking a…
News May 14
Blockbuster Trulieve-Harvest deal could revive cannabis megamergers
After several months of smaller, more focused transactions, Florida-based Trulieve’s $2.1 billion deal to acquire Harvest Health &…
News May 11
Marijuana producer Pure Sunfarms reports small quarterly sales growth
Canadian marijuana producer Pure Sunfarms reported a small increase in net sales in the January-March quarter compared to…
News May 11
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