Search Results for: Green Growth Brand

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

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

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

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

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

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…

Weekend Unlimited Shares Begin Trading On The Canadian Securities Exchange

Trading Under the Symbol YOLO on the CSE on October 15, 2018 CANADA: Weekend Unlimited, a lifestyle cannabis company, announced that  its shares began trading Monday, October 15, 2018 on the Canadian Securities Exchange under the symbol YOLO. The Company is the result of a two for one consolidation and the previously announced amalgamation of Open Source Read the full article…

Ten New Investments In The Cannabis Space Look Attractive

By Jon Trauben, Altitude Investment Management NEW YORK: Altitude Investment Partners, LP’s has made recent cannabis industry investments. During the period of March through August 2018, Altitude invested in ten companies: six of which were add-on investments to existing portfolio companies and four were investments in companies new to the Altitude portfolio. The Altitude portfolio Read the full article…

The Wink In Weed: Lessons Learned At Seattle Hempfest

By David Rheins I’m just back from another epic Seattle Hempfest.  The Pacific Northwest is one of the most beautiful regions on the planet, and its volcanic mountains, vibrant cities and evergreen forests never cease to inspire wonder.  I cherish my PNW canna-family, and am humbled at how rich and meaningful have been our shared Read the full article…

The Wink In Weed: Why Seattle Hempfest Is Still Worth Supporting

By David Rheins It’s been five years since Washington opened its legal cannabis marketplace, and today adult consumers in the Evergreen state have an abundance of high-quality, legal weed available in an impressive array of product configurations at affordable prices. Seattle Hempfest, taking place this week along the gorgeous Puget Sound, is the nation’s oldest and largest Read the full article…

PRØHBTD Secures $12 Million Funding

CALIFORNIA: PRØHBTD, a leading cannabis lifestyle media and brand platform, has raised USD $12 million in funding, $8 million of which was recently secured from a Series A round of investment. In addition to being a lead investor, the Delavaco Group acted as the sole strategic advisor to PRØHBTD. This financing represents the single largest round Read the full article…