Harvest Health & Recreation To Acquire Verano, Creating One Of The Largest U.S. Multi-State Cannabis Operators

Harvest Health

ILLINOIS: Harvest Health & Recreation, a vertically integrated cannabis company with one of the largest footprints in the U.S., is pleased to announce that it has entered into a binding agreement to acquire Verano Holdings, an arm’s length third party, one of the largest privately held multi-state, vertically integrated licensed operators of cannabis facilities, in an all-stock transaction Read the full article…

Altria Becomes Largest Shareholder in Cronos Group, A Leading Global Cannabinoid Company

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VIRGINIA: Altria announced the completion of its approximately USD $1.8 billion (CAD $2.4 billion) investment in Cronos Group, a leading global cannabinoid company, following receipt of shareholder and Canadian regulatory approvals. Altria’s investment represents an approximate 45% economic and voting interest in Cronos Group with a warrant to acquire additional ownership at a price of CAD $19.00 Read the full article…

Acreage Announces Listing On The Frankfurt Stock Exchange

Traders are pictured at their desks in front of the DAX board at the Frankfurt stock exchange

NEW YORK: Acreage Holdings announced that its subordinate voting shares have been listed on the open market of the Frankfurt Stock Exchange under the symbol “0VZ.” The Company’s subordinate voting shares continue to be listed on the Canadian Securities Exchange under the symbol “ACRG.U” and on the OTC under the symbol “ACRGF.”

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…

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…