Cresco Labs Acquires Assets In Massachusetts With First Cannabis Harvest Planned For Spring 2019

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ILLINOIS: Cresco Labs, one of the largest vertically integrated multi-state cannabis operators in the United States, announced a definitive agreement to acquire 100% of the shares and membership interests of Hope Heal Health, Inc. and an affiliated real estate entity. The HHH assets include state registration and licensing that will allow for cultivation, manufacturing, processing, and Read the full article…

Sproutly Taps New President From Anheuser-Busch InBev And Kimberley-Clark

Sproutly Taps Bryan Semkuley As New President

CANADA: Sproutly Canada has tapped senior marketer Bryan Semkuley as President of Sproutly to accelerate the Company’s strategic objectives of becoming a leading cannabis formulations company focused on beverages. “We are pleased that Mr. Semkuley has chosen to join the leadership team of Sproutly as President,” said Keith Dolo, CEO and Chairman of Sproutly.  “Bryan brings significant experience Read the full article…

High Times Debt Holders Convert Debt and Agree To Exercise Warrants

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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…

Tilray Announces New Subsidiary Tilray Latin America

Alef Chile Acquired by Tilray

Recently acquired subsidiary Alef Biotechnology officially renamed Tilray Latin America CANADA:  – Tilray, a global leader in cannabis research and production, today announced that after completing an acquisition of its existing import and distribution partner Alef Biotechnology SpA, the company has officially relaunched as Tilray Latin America SpA, a wholly-owned subsidiary of Tilray. Tilray Latin America Read the full article…

FSD Pharma Achieves Over 4 Billion Shares Traded In First 6 Months

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CANADA:  FSD Pharma announced today that the Company has traded over four Billion Class B subordinate voting shares in its first six months of trading on the Canadian Securities Exchange. During the period of May 29, 2018 to November 29, 2018, the Company traded exactly 4,041,346,300 Class B subordinate voting shares on the CSE. This Read the full article…

Growpacker Announces Partnership With InterContinental Beverage Capital

Growpacker THC

CANADA: Growpacker Inc., a contract manufacturer of various THC and CBD infused edibles and beverages in the United States, has announced that it has signed a partnership agreement with InterContinental Beverage Capital. IBC is a New York-based advisory and merchant banking firm with representative offices in Atlanta, Boca Raton, Los Angeles, and Lugano, Switzerland. The firm’s founders Read the full article…

Sproutly Adds Former Pernod Ricard Beverage Executive To Advisory Board

Sproutly Canada

CANADA: Sproutly Canada has announced the appointment of Constantine Constandis to the Advisory Board.   Mr. Constandis is a global C-level executive with over 34 years of experience in the wine and spirits industry in Canada, USA, Europe and Asia. Mr. Constandis was a former senior executive with Pernod Ricard SA, the €37B publicly traded producer of wine and Read the full article…

Altitude Investment Management Closes Cannabis Fund I at $30M

Altitude Investment Looks to Fund II

NYC Based Cannabis Investment Firm Successful Fund I Raise, looks to Fund II NEW YORK: Altitude Investment Management announced that it will close Fund I on November 30, 2018 with $30 million raised. Fund I commenced March 1, 2018 and is currently invested in 16 companies which emphasize the fund’s focus on investing in a diverse range Read the full article…

Cura’s Global Expansion Team Now Lead by All-Star Female Executive Team

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OREGON: Cura Partners, one of the largest cannabis companies in the world and maker of the Select brand, today announces further development of its international expansion team. As a part of the company’s growth plan, Amy McClintick moves from Chief Operating Officer to Chief Expansion Officer and Jenny Diggles joins the team as Vice President of International Expansion. Read the full article…

420MEDIA Trailblazers In Cannabis: Alan Brochstein, CFA & Partner At New Cannabis Ventures

Alan Brochstein

Digital marketing agency 420MEDIA and the Marijuana Business Association (MJBA) have joined forces to create a series highlighting entrepreneurs trailblazing the cannabis scene. Each week, we’ll profile a noteworthy business pioneer, and ask each 5 questions. This week’s featured trailblazer is Alan J. Brochstein, CFA, Partner at New Cannabis Ventures and Analyst & Portfolio Manager Read the full article…