Tilray Completes Merger With Privateer Holdings

CANADA: Tilray, Inc., a global pioneer in cannabis research, cultivation, production and distribution, today announced that the merger with Privateer Holdings, Inc. closed on December 12, 2019. Mark Castaneda, Chief Financial Officer of Tilray, said: “We appreciate the long-term confidence that Privateer has in the Tilray business and we look forward to having their investors as part of Read the full article…

Tilray Increases Cannabis Supply With Acquisition Of Natura Naturals Holdings

CANADA: Tilray, a global leader in cannabis research, cultivation, production and distribution, announced the closing of a previously announced definitive agreement to acquire all of the issued and outstanding securities of Natura Naturals Holdings, the parent company of a licensed cultivator of cannabis. Moving forward, the Natura facility will operate under the name High Park Read the full article…

Done Deal: Helix TCS And BioTrackTHC

COLORADO: Helix TCS, in conjunction with its strategic capital partner, Rose Capital, completed the closing of its merger with BioTrackTHC on June 1st.  Zachary L. Venegas will continue as the CEO of Helix TCS, and will assume the role of Executive Chairman for the combined company.  Patrick Vo will continue as CEO of BioTrack. “The closing Read the full article…

M&A Activity Heats Up In The Cannabis Industry

NEW YORK: Merger and acquisition (M&A) activity in the cannabis industry is heating up, and market analysts point to several important factors contributing to increased activity. Profit is always a central issue, and as the founders of companies established years ago seek attractive exit strategies, new players are considering ways to enter the field in a Read the full article…