The Daily Hit is a recap of the top financial news stories for Tuesday, December 3, 2024. On the Site With second lease on life, Eaze CEO says Florida key to success Azzalino said Eaze’s upcoming Florida infrastructure investment will be critical to future stability. Read more here. LeafLink projects …
California-based cannabis delivery giant Eaze won a rarity in the marijuana trade earlier this year: a second chance. It began in August, when the company was purchased at auction for $54 million by FoundersJT, which is led by billionaire James Henry Clark of Netscape fame. Its reboot was formalized in …
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 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 …