Search Results for: Green Growth Brand

Aphria Agrees To Accelerate Expiry Of Green Growth Brands Bid And Terminate Its Option With GA Opportunities Corp

Aphria-Logo

CANADA: Aphria announced that it has entered into a series of transactions that will accelerate the expiry date to April 25, 2019 for the previously announced take-over bid by Green Growth Brands Inc. and will terminate the arrangements with GA Opportunities Corp. for consideration of $89.0 million. Irwin D. Simon, Aphria’s Chairman and Interim Chief Executive Officer stated, “We are Read the full article…

Green Growth Brands Partners With Simon Property Group To Launch America’s First Chain Of CBD Shops

Seventh Sense Pure CBD

OHIO: Green Growth Brands announced that it has entered into an agreement through which the Company will gain access to 108 prime shop locations in U.S. malls owned and operated by the Simon Property Group.  Pursuant to the arrangement, GGB will further expand its chain of CBD-infused personal care product shops under the Seventh Sense Botanical Read the full article…

Aphria’s Board of Directors Rejects Green Growth Brand’s Hostile Takeover Bid As Significantly Undervalued And Inadequate

Marijuana is big business

CANADA: Aphria announced that its Board of Directors has rejected the hostile bid by Green Growth Brands to acquire all of the outstanding common shares of the Company including any Common Shares that may become issued and outstanding after January 22, 2019, but prior to the expiry of the hostile bid upon the exercise, conversion or exchange of options, warrants, Read the full article…

Aphria Responds To Unsolicited Proposal By Green Growth Brands

aphria logo

CANADA: Aphria responds to the unsolicited proposal by Xanthic Biopharma d.b.a. Green Growth Brands to acquire all of the Company’s outstanding common shares in an all-stock transaction. Based on the 20-day volume weighted average price of GGB shares and the expressed exchange ratio of 1.5714 common shares of GGB for each Aphria share, the proposed bid would be Read the full article…

CCTV Expands Footprint, Programming Offerings Via GreenScreens Deal

The deal will leverage the executive staff and sales teams of both companies to manage the existing 10 states (WA,OR,CA,CO,NV,MI,MD,FL and AZ) and about 350 screens in those markets.

COLORADO:  GreenScreens, based in Boulder, Colorado, industry leaders for in-store information boards and California-based Cannabis Club TV, the only digital cannabis infotainment network backed by Tommy Chong, have entered into an agreement to combine resources providing cannabis dispensaries with a one-stop shop for digital footprint management. According to a joint press release, the new partnership Read the full article…

Cresco Labs Enters Florida – Will Have Access to 65% Of The Total Addressable U.S. Cannabis Market

VidaCann Fla

ILLINOIS: Cresco Labs Inc., one of the largest vertically integrated multi-state cannabis operators in the United States, today announced that it is entering the Florida market through the signing of a letter agreement to acquire the ownership interests or assets of VidaCann Ltd. and/or affiliated entities, one of the largest and most advanced providers of medical Read the full article…

MedMen Announces Completion Of Sale Of Two Properties To Cannabis REIT

MedMen REIT property

CALIFORNIA: MedMen Enterprises announced that it has completed the sale of two properties to Treehouse Real Estate Investment Trust, Inc. with gross proceeds of approximately $33.5 million and net proceeds of approximately $30.6 million after repayment of debt. “This is our second transaction with Treehouse and we’ve now freed up nearly $49 million to invest directly Read the full article…

Flow Kana Raises $125 Million To Build Largest Sustainable Cannabis Supply Chain

Flow Kana

Cannabis Industry’s Largest Private Round to Date Helps Drive Adoption of Sustainable Agricultural Model Structured Around Decentralized Small Farms CALIFORNIA: Flow Kana, the leading sustainable supply chain company and distributor of sungrown cannabis products and services, today announced the completion of a $125 million round of financing – the nation’s largest private funding round for Read the full article…

Tilray To Acquire Natura Naturals Holdings For Up To C$70 Million Subject To Performance Milestones

Tilray Canada

CANADA: Tilray, a global leader in cannabis research, cultivation, production and distribution, announced it has entered into a definitive agreement to acquire all of the issued and outstanding securities of Natura Naturals Holdings, the parent company of a licensed cultivator of cannabis. As a result of the acquisition, if completed, Tilray will obtain Natura’s 662,000 square-foot Read the full article…

High Times Debt Holders Convert Debt and Agree To Exercise Warrants

Marijuana is big business

CALIFORNIA: Hightimes Holding Corp., the owner of High Times, the most well-known brand in Cannabis, announced the exercise of warrants and the conversion of outstanding notes into its Class A common stock, resulting in a reduction of approximately $28.6 million of its outstanding debt obligations. The former stockholders of Trans High Corp., the company Hightimes acquired Read the full article…