A Nebraska judge on Friday ruled against cannabis opponents who brought a lawsuit alleging fraud during the signature-gathering process for a pair of medical marijuana ballot questions, clearing the path for voters to weigh in on the measures this week. Judge Susan Strong of Lancaster County District Court on Friday …
Tag: Investing
Nevada’s Deep Roots closes on Source acquisition
Deep Roots Harvest officially closed on its acquisition The Source’s assets, rescuing the company from receivership amid broader consolidation in the Nevada market this year. The deal provides Deep Roots with retail locations in Las Vegas, Henderson, North Las Vegas and Pahrump, along with two provisional licenses – including one …
Decibel Cannabis insiders lead $2M funding round
Decibel Cannabis Company Inc. (TSXV: DB) (OTCQB: DBCCF) completed the first closing of its private placement, raising more than $2 million with company insiders leading the investment round just days after acquiring a major production facility. The cannabis producer issued about 33.5 million common shares at 6 cents each, according …
Entourage Health gets second extension on debt terms
Entourage Health Corp. (TSXV: ENTG) has received its second debt forbearance extension in less than a month, buying more time to restructure its financial obligations amid mounting losses. The Canadian cannabis producer said Friday it reached an agreement with LiUNA Pension Fund of Central and Eastern Canada to extend debt …