… dispensaries across California. The cannabis is grown on their 57-acre biodynamic farm in Nevada City, California, using high-quality buds without …
Canopy Growth to close Acreage deal next week
Canadian cannabis producer Canopy Growth Corp. (TSX: WEED) (Nasdaq: CGC) plans to complete its acquisition of U.S.-based Acreage Holdings Inc. (CSE: ACRG.A.U, ACRG.B.U) (OTCQX: ACRHF, ACRDF) next Monday, finally setting a firm timeline, though the deal’s value has essentially evaporated for some. The transaction will transfer Acreage’s multi-state operations to …
CEA Industries to buy unnamed specialty retailer
CEA Industries Inc. (NASDAQ: CEADW) announced that it is under a non-binding Letter of Intent (LOI) to buy a leading specialty retailer and manufacturer, which would be paid for with a combination of cash, CEA Industries common shares, and debt. CEA did not reveal the name of the company. “This …
Red Light Holland posts 40% jump in revenue, narrows losses
Canadian psychedelics company Red Light Holland Corp. (CSE: TRIP) (OTCQB: TRUFF) cut its quarterly losses and grew sales as its mushroom and truffle business expanded across North America and Europe. Revenue reached C$1.37 million for the quarter ending Sept. 30, up 39.1% from C$983,324 in the year-ago period, according to …