MedMen Signs Definitive Agreement For The Acquisition Of PharmaCann

medmen

CALIFORNIA: MedMen Enterprises and Chicago-based PharmaCann announce that they have entered into a definitive business combination agreement pursuant to which MedMen and PharmaCann will combine their respective businesses. Under the Business Combination Agreement, a newly formed holding company (“New MedMen”) will acquire (a) all of the securities of PharmaCann in exchange for subordinate voting shares of New Read the full article…

Cresco Labs Continues Illinois Expansion With Acquisition Of Two Dispensaries

wrigleyville

ILLINOIS: Cresco Labs, one of the largest vertically integrated multi-state cannabis operators in the United States, today announced that it has signed dual definitive agreements to acquire licensed Illinois medical cannabis dispensaries MedMar Rockford and MedMar Lakeview, located in the popular Wrigleyville neighborhood of Chicago. These will be Cresco Labs’ fourth and fifth dispensary acquisitions, respectively, Read the full article…

MedMen Expands Its Presence in Arizona

Level Up Scottsdale

Acquisition of Vertically-Integrated Operator Adds to MedMen’s Growing Footprint in One of the Top Medical Marijuana Markets in the U.S. CALIFORNIA: MedMen Enterprises has announced that it has signed a definitive agreement to acquire control of Kannaboost Technology Inc. and CSI Solutions LLC, collectively referred to as “Level Up,” in a cash and stock transaction valued at $33,000,000. Read the full article…

MedMen Doubles Market Reach With Acquisition Of PharmaCann

PharmaCann

CALIFORNIA: MedMen Enterprises Inc. and Chicago-based PharmaCann have signed a binding letter of intent for MedMen to acquire PharmaCann in an all-stock transaction valued at $682 million. The resulting pro-forma company (including pending acquisitions by MedMen) will have a portfolio of cannabis licenses in 12 states that will permit the combined company to operate 79 cannabis Read the full article…

Aurora Cannabis Announces Application To List On The NYSE

Aurora Cannabis Announces Application to List on the NYSE

CANADA: Aurora Cannabis announced today that the Company has filed an application to list its common shares on the New York Stock Exchange. Listing of the Company’s common shares on the NYSE remains subject to the approval of the NYSE and the satisfaction of all applicable listing and regulatory requirements. Aurora anticipates that, subject to receipt Read the full article…

Former Los Angeles Mayor Antonio Villaraigosa Joins MedMen’s Board Of Directors

Former Los Angeles Mayor Antonio Villaraigosa Joins MedMen’s Board of Directors

CALIFORNIA: MedMen Enterprises announced that former Los Angeles Mayor Antonio Villaraigosa has joined its Board of Directors. Villaraigosa brings with him two decades of public service. He served two terms as mayor of Los Angeles from 2005 to 2013, was the Speaker of the California State Assembly from 1998 to 2000, a Los Angeles councilmember from 2003 Read the full article…

Constellation Brands To Invest $4 Billion USD In Canopy Growth

Web PNG-Constellation Brands Black and White Vertical Logo

Expands Strategic Partnership to Accelerate Canopy Growth’s Global Expansion Plans  CANADA: Constellation Brands, a leading beverage alcohol company, and Canopy Growth, a leading diversified cannabis company have announced a significant expansion of their strategic partnership to position Canopy Growth as the global leader in cannabis production, branding, intellectual property and retailing. Constellation Brands will increase its ownership Read the full article…

MedMen Completes Strategic Investment In Lowell Herb Co.

Lowell Smokes sold in 250 top dispensaries across California

CALIFORNIA: MedMen Enterprises Inc  and The Hacienda Company announced today that MedMen has completed a strategic investment in The Hacienda Company, which owns Lowell Herb Co., a California-based cannabis brand known for its pack of pre-rolls called Lowell Smokes. Lowell Smokes has established itself as one of the strongest cannabis brand names in California founded on principles Read the full article…

MedMen Announces Acquisition Of Florida Marijuana License And Cultivation Facility

Marijuana is big business

CALIFORNIA: MedMen, the country’s leading cultivator, producer and retailer of state-sanctioned cannabis, has signed a definitive agreement to acquire dispensary and cultivation assets from Florida-based Treadwell Nursery. As part of the transaction, MedMen will acquire Treadwell Nursery’s cultivation facility situated on 5 acres in Eustis, Florida and the right to open 25 medical marijuana dispensaries in the State of Read the full article…

Aphria Selects Great North Distributors For Canadian Distribution Of Adult-Use Cannabis

Cannabis in Canada

CANADA: Aphria and Great North Distributors, a wholly-owned Canadian subsidiary of Southern Glazer’s Wine & Spirits, have signed an agreement for Great North Distributors to serve as exclusive manufacturer’s representative for Aphria’s adult-use cannabis products throughout Canada, following the legalization of recreational cannabis for adult-use anticipated later this year. Under the terms of the agreement, Great North Distributors Read the full article…