Planet 13 Holdings Inc. (CSE: PLTH)(OTCQX: PLNHF) announced it is buying Florida-based VidaCann, LLC in a deal valued at $48.9 million. The deal also gives a VidaCann member a seat on the board and VidaCann shareholders will end up with 26% ownership in Planet 13. According to the statement, VidaCann …
Tag: Investing
PA Court Orders Dissolution of Parallel’s Subsidiary Over $5.8M Rent Debt
The legal battle between distressed cannabis operator Parallel and its landlord, Innovative Industrial Properties Inc. (NYSE: IIPR), has taken a new turn as a Pennsylvania state court ordered the dissolution of Parallel’s subsidiary, Goodblend …
GMR’s First Michigan Summit Is Happening On September 6
The Green Market Report is excited to announce the highly anticipated first-ever Michigan Cannabis Summit, set to take place on September 6, 2023, in the vibrant city of Detroit. This premier event will gather thought leaders, experts, and enthusiasts from the cannabis industry to discuss and explore the latest trends, …
Verano CEO Pens Open Letter to Alabama Governor Over License Reversal
George Archos, CEO of Verano Holdings Corp. (OTC: VRNOF) penned a letter to Alabama Governor Kay Ivey expressing the company’s commitment to the state and raising concerns over the recent scrapping of its cannabis business license. The Chicago-based multistate operator had its hopes up in June when it was awarded …