Digicann Ventures Ltd. (CSE: DCNN) (OTCPK: AGFAF) signed a definitive agreement for a reverse takeover by 3Win Corp., finalizing a deal first proposed in early August. 3Win would emerge as the controlling entity, with its shareholders holding about 97.3% of the resulting issuer’s common shares, according to the agreement. The …
California Gov. Gavin Newsom signed Assembly Bill 1775 into law, which will allow local municipalities to begin permitting “cannabis cafes” to serve non-cannabis-infused food and drinks to patrons consuming cannabis on site. Under existing law, cannabis retailers with consumption areas were able to sell prepackaged foods and beverages; this law …
HYTN Innovations Inc. (CSE: HYTN) acquired Prism Scientific Labs Inc. for approximately $242,000 in an all-stock deal. The Vancouver-based firm bought all outstanding shares of Prism Scientific Labs on July 16 in exchange for 12.1 million HYTN shares, according to a business acquisition report filed by the company. The also …
Psyence Group (CSE: PSYG) said it will sell its 11.13% stake in PsyLabs to its affiliate Psyence Biomedical (Nasdaq: PBM) for $1.1 million in stock. The deal calls for Psyence Biomedical to issue shares valued at 55 cents each to Psyence Group, according to a news release. PsyLabs is a …