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Cannabis MSO Parallel moves into Illinois with $100 million acquisition
Atlanta-based Parallel, one of the largest privately held multistate cannabis operators in the United States, entered into a definitive agreement to acquire six stores belonging to an Illinois retail chain for $100M. Read on »
Canopy Growth acquires Ace Valley cannabis in bid to grow brand loyalty
Canopy Growth Corp. (CGC) has purchased AV Cannabis Inc. in a bid to build more brand loyalty with customers. Read on »
Medical cannabis firm Northern Leaf raises 14 mln pounds before London IPO
Medical cannabis cultivator Northern Leaf Ltd has raised 14 million pounds ($19.21 million) in an oversubscribed offering over the past month, adding five global institutional investors before its London debut later this year. Read on »
Global Cannabis Stock Index Slides 6% in March to End Q1 Up 41%
After soaring 62% in Q4 and then increasing over 50% to begin 2021, the Global Cannabis Stock Index fell 6.2% in March to 62.55. Read on »
IM Cannabis to Acquire Canadian LP MYM Nutraceuticals for $87 Million in Stock
IM Cannabis Corp. (IMCC) announced that it has entered into a definitive agreement to acquire MYM Nutraceuticals Inc. and its licensed producer subsidiary Highland Grow Inc. Read on »
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