Have a Heart Acquires Leading Cannabis Brokerage Company

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Cannabis retailer inks deal with CannaMLS, garnering insight into deal flow across the industry WASHINGTON: Cannabis retailer Have a Heart today announced its acquisition of CannaMLS, a leading cannabis brokerage company, for an undisclosed amount. The deal comes at a time when acquisitions are sweeping the cannabis sector, as increasing legalization draws the attention of big business. “The cannabis Read the full article…

California’s Bureau Of Cannabis Control Releases Proposed Cannabis Regulations

Proposed Readoption of Emergency Cannabis Regulations

The regulations are currently under review by the California Office of Administrative Law CALIFORNIA: The Bureau of Cannabis Control has announced the release of the proposed cannabis regulations currently under review by the California Office of Administrative Law (OAL). The Bureau’s rule-making action regarding these regulations, initially noticed on July 13, 2018, was submitted to Read the full article…

Aurora Cannabis to Acquire Mexico’s Farmacias Magistrales S.A.

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First License to Import, Manufacture, Store, and Distribute Medical Cannabis Containing THC in Mexico CANADA: Aurora Cannabis has announced that the Company has entered into a Letter of Intent to acquire all of the issued and outstanding shares of Farmacias Magistrales, subject to customary due diligence provisions, the completion of definitive agreements, and regulatory and government Read the full article…

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

Marijuana is big business

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…

Growpacker Announces Partnership With InterContinental Beverage Capital

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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

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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…