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How Canadian retailer Nova Cannabis plans to profit from shift to Value Buds brand

Canadian marijuana retailer Nova Cannabis will bet heavily on a value strategy after combining with a competitor, signaling the continuing importance of low-priced products in the increasingly competitive Canadian adult-use market. After the deal close…

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Zenabis, in merger talks, calls out Sundial over alleged takeover attempt

Troubled cannabis producer Zenabis Global Inc. says it has entered exclusive merger talks with “another significant licensed cannabis producer.” Zenabis said it wouldn’t disclose further details. Zenabis’ announcement in a Wedne…

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Canadian cannabis retailer High Tide seeks Nasdaq listing

Canadian cannabis retail and accessory company High Tide is applying for a listing on the Nasdaq exchange in the United States, with plans to pursue mergers and acquisitions. Calgary, Alberta-based High Tide says it is Canada’s largest recreation…

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Schwazze scraps deal to purchase Colorado marijuana edibles maker

Schwazze added to its growing list of scuttled deals by terminating its planned acquisition of a fellow Denver-based cannabis company, infused edibles manufacturer Canyon. According to the company’s 8-K filing on Oct. 9, the term sheet that detai…

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Schwazze backs out of deal to acquire marijuana R&D firm MedPharm

Denver-based Schwazze said it has terminated its planned acquisition of MedPharm, a medical marijuana company in the same city that landed Colorado’s first cannabis research and development license. Schwazze said earlier this year it had moved fo…