While marijuana legalization was a major winner in the U.S. general election, Canadian firms appear to be reveling in the post-election boost more than U.S. cannabis companies.
Post-election marijuana stock price moves show benefit of public liquidity …
Marijuana Stocks & Publicly Traded Cannabis Companies
Marijuana multistate operators set to capitalize on new markets, but small firms face hurdles
Get insights on cannabis investing and what the post-election investment climate looks like during the Investor Intelligence Conference portion of MJBizCon’s Passholder Days on Thursday, Nov. 12. Marijuana multistate operators are well-positioned to th…
Ohio medical cannabis businesses are now on the market to highest bidders
Ohio medical cannabis businesses have begun changing hands, particularly now that a year-long waiting period for the sale of dispensaries has expired. According to the Cleveland Business Journal, at least eight licensed businesses have been purchased a…
TerrAscend to buy Maryland marijuana firm from Curaleaf for $27.5 million
Cross-border marijuana firm TerrAscend Corp. on Friday announced an agreement to acquire HMS, a Maryland medical cannabis processor and cultivator, from Curaleaf Holdings for $27.5 million. The price tag includes $25 million in cash plus a $2.5 million…
Canada’s Ayr Strategies buys Arizona medical cannabis firm for $81 million
Multistate cannabis operator Ayr Strategies announced an $81 million acquisition deal that will allow the Toronto-based company to enter Arizona, giving it three storefronts in the Phoenix metro area and two cultivation facilities. The deal comes on th…
Cannabis firm Canopy Growth to follow Aphria onto Nasdaq, departing NYSE
Smiths Falls, Ontario-based Canopy Growth is swapping one stock exchange for another, departing the New York Stock Exchange (NYSE) in favor of the Nasdaq in an effort to save money. Canopy, which reported a loss of 128 million Canadian dollars ($97 mil…
Marijuana MSO Harvest Health raises nearly $35 million in stock offering
Marijuana multistate operator Harvest Health & Recreation raised $34.5 million (46 million Canadian dollars) through a public offering of subordinate stock, the company said Wednesday. The Arizona-based marijuana company said in a previous news rel…
Marijuana MSO 4Front enters $30M sale-leaseback deal to pay down debt
Multistate operator 4Front Ventures is utilizing a $30 million sale-leaseback transaction to rid itself of debt to a corporate lender, the company said. The all-cash deal with California-based Innovative Industrial Properties (IIP) involves the sale of…
Cannabis software firm Akerna seeks to raise $12 million in public offering
Denver-based Akerna, a marijuana compliance software company, plans to raise $12 million by selling 5 million shares. Shares will be available for $2.40 per during the offering, which is expected to close Oct. 30. Proceeds from the offering are intende…
Cannabis software firm Akerna seeks to raise $12 million in public offering
Denver-based Akerna, a marijuana compliance software company, plans to raise $12 million by selling 5 million shares. Shares will be available for $2.40 per during the offering, which is expected to close Oct. 30. Proceeds from the offering are intende…