Cannabis Deals

Driven Deliveries Announces Acquisition Of Humboldt Heritage

Driven Deliveries (OTC: DRVD) announced Tuesday the company's letter of intent to acquire cannabis distribution company, Humboldt Heritage Inc, and its subsidiaries Humboldt Sun Growers Guild LLC and Grateful Eight LLC. read more

Exclusive: Hemp Company EcoGen Closes $40M Funding Round

EcoGen Laboratories, a company focused on the manufacturing and supplier of hemp-derived specialty ingredients and formulations, as well as private-label finished products in the United States, will announce later Tuesday it has closed a $40 million private placement with institutional investors. read more

GoIP Global Acquires California-Based Extraction Facility Apex Extractions

GoIP Global, Inc. (OTC: GOIG) said Thursday it has signed a share acquisition agreement with Apex Extractions LLC, a California-based cannabis extraction facility. read more

'Significant Endorsement': Aphria Secures Multimillion Dollar Strategic Investment

Aphria Inc. (TSX:APHA) (NYSE: APHA) announced Friday it has agreed to receive a strategic investment from an institutional investor. read more

NOBL Completes Series A Funding Round At Davos, Altitude Investment Management Among Round Participants

Cannabis data and consulting company NOBL said Thursday it finalized its Series A fundraise at Davos and capital support of £1.25 million ($1.64 million). Altitude Investment Management, Enexis AB and Artemis Growth Partners are some of the dominant cannabis investors who have supported the round. read more

Cannabis-Infused Social Tonic Brand Cann Completes $5M Funding Round

Cannabis-infused tonic brand Cann announced Tuesday it has finalized a $5 million seed funding round, to support its 2020 development in California and across other new states. The funding round was co-led by Imaginary and JM10 Partners and joined by Navy Capital, GlobalFounders Capital, Cresco Capital, Brian Spaly of Bonobos and Trunk Club, among others. read more

Cannabis M&A: Fyllo Acquires CannaRegs, Jay Pharma Reverse Merges With Ameri Holdings

Jay Pharma, an evidence-based pharmaceutical cannabinoid and wellness company focused on cancer, announced last week a reverse merger with Ameri Holdings Inc (NASDAQ: AMRH). read more

Hexo Shares Fall On News Of $20M Registered Direct Offering

HEXO Corp (TSX: HEXO) (NYSE: HEXO) announced Friday it has signed a definitive agreement with institutional investors for the purchase and sale of 11.98 million read more

Curaleaf Says Grassroots, Select, ATG Acquisitions On Track

Curaleaf Holdings, Inc. (CSE: CURA) (OTC: CURLF) issued an update Friday on three acquisitions: Cura Partners, Inc., Alternative Therapies Group and GR Companies Inc. read more

Cannabis REIT Acquires Virginia Property, Signs Lease With Green Leaf Medical

Innovative Industrial Properties, Inc. (NYSE: IIPR) said Wednesday it has finalized the acquisition of a property in Richmond, Virginia, which should account for 82,000 sq. feet of industrial space. The purchase price for the property was set to around $11.8 million without transaction expenses. read more

5 Things To Watch In Cannabis In 2020

2019 was a hard year for cannabis stocks. As the industry struggled to start showing profitability, companies tried their best to strengthen their presence in the U.S. with a great wave of consolidation through M&A. read more

Respira Technologies Closes $2.25M Seed Funding Round

Respira Technologies, a platform biotechnology company offering a “no heat” pod-based inhalation system for nicotine, THC or CBD -- WAVE --announced last week it had closed a $2.25 million seed-funding round led by Evolution Venture Partners and Poseidon Asset Management. read more

ManifestSeven Acquires Women-Focused Cannabis Delivery Co. Lady Chatterley Health

California-based omnichannel cannabis platform ManifestSeven continues its state-wide expansion, this time with the acquisition of Lady Chatterley Health, a San Francisco-based legal cannabis delivery service focused on high-end women’s products. read more

Extraction Lab Hemp Synergistics Gets $1.5M Seed Investment

Hemp Synergistics, a hemp extraction laboratory producing THC-free custom CBD formulations recently announced it received $1.5 million in seed funding to launch a high-tech laboratory. read more

TerrAscend Completes $33.5M Non-Brokered Private Placement

TerrAscend Corp. (CSE: TER) (OTC: TRSSF) announced Monday that it has finalized a non-brokered private placement with orders reaching a total of around $33.5 million, inc read more

The Details Of The Acquisition Of Sapphire Biotech By Medical Marijuana Inc.'s AXIM Biotech

Medical Marijuana, Inc. (OTC: MJNA) announced Thursday that its investment company, AXIM Biotechnologies In read more

Flora Growth To Acquire Colombian Pharma Company Cronomed

Flora Growth Corp. said Thursday it has signed a letter of intent with Latin Canada Pharma Inc. to fully acquire Grupo Farmaceutico Cronomed S.A.S., or Cronomed.  read more

Cresco Labs Closes On 'Transformational' Origin House Acquisition

Vertically integrated cannabis company Cresco Labs Inc. (CSE: CL) (OTC: CRLBF) said Wednesday that it it has completed its read more

SOL Global Announces Proposed Go-Public Plan For CannCure Via Reverse Takeover By Goldstream Minerals

SOL Global Investments Corp (CSE: SOL) (OTC: SOLCF) and Goldstream Minerals Inc (NEX: GSX.H) announced Wednesday that Goldstream and CannCure Investments Inc, a portfolio company of SOL Global, have entered into a letter of intent Thursday that would have Goldstream acqu read more

Canopy Growth Analyst Says Constellation Buyout 'More Likely Than Not'

Constellation Brands, Inc. (NYSE: STZ) has cash return commitments to shareholders, but a buyout bid for Canopy Growth Corp (NYSE: CGC) (TSE: WEED) remains "more likely than not," according to Cantor Fitzg read more

Harvest Health Sues Falcon International To Terminate Merger, Accuses Co. Of Interstate Cannabis Transport

Cannabis company Harvest Health & Recreation Inc. (CSE: HARV) (OTC: HRVSF) on Monday filed a lawsuit against the R&D and brand development company Falcon International seeking to terminate the merger between the two. read more

Harvest Health Weighs $87.5M Purchase Of Cannabis Retailer Have A Heart

Harvest Health & Recreation Inc (CSE: HARV) (OTC: HRVSF), a vertically integrated cannabis company, said Monday that it is in negotiations to acquire Interurban Capital Group Inc, the owner and operator of Have a Heart. read more

Goldenseed Announces SEC Qualification Of Reg A Stock Offering

Santa Cruz, California-based cultivator and processor Goldenseed has announced the qualification of the company's Reg A+ stock offering from the Securities and Exchange Commission. read more

Origin House Shareholders OK Merger With Cresco Labs, Company's Debt Facility Extended

CannaRoyalty Corp (CSE: OH) (OTC: ORHOF), which does business as Origin House, announced that its shareholders voted Tuesday to approve a plan of arrangement with Cresco Labs Inc(OTC: CRLBF). read more

Hexo Closes $25M Registered Direct Offering

HEXO Corp. (TSX: HEXO) (NYSE: HEXO) said Thursday it completed its previously announced registered direct offering with institutional investors, selling 14.97 million common shares with read more

NBA Vet Turned Cannabis Exec Al Harrington Talks $16M Funding Round, Social Equity

Al Harrington, a 16-year NBA veteran, was inspired to enter the cannabis space in 2011 due in part to the plant's ability to help ease his grandmother Viola's glaucoma symptoms. After seeing her cry tears of joy as she read her Bible for the first time in over three years, Harrington said he too shed tears and soon went to work researching the plant. read more