SYDNEY, AUSTRALIA: Little Green Pharma Ltd (LGP) announced the acquisition of a world class cannabis GACP cultivation and EU-recognised GMP licensed cannabis production facility located in Denmark as well as the receipt of firm commitments to raise A$27.2 million by way of placement to institutional and sophisticated investors. Little Green Pharma Ltd (LGP) plans to…
All posts tagged Cannabis
Harborside signs agreement to acquire Sublime Inc. for $43.8 million
OAKLAND: Harborside Inc. has signed a definitive agreement to acquire 100% of the issued and outstanding equity of Sublimation Inc., an award-winning cannabis manufacturing company located in Oakland, CA, for a total consideration of US$43.8 million, a news release said. The acquisition is expected to close, subject to customary closing conditions, in July 2021. Founded…
MedMen appoints Reece Fulgham as interim CFO
LOS ANGELES: MedMen Enterprises Inc., a leading cannabis retailer with operations across the United States, named Reece Fulgham as Interim Chief Financial Officer. Fulgham will oversee MedMen’s finance and accounting operations beginning Monday, December 21, 2020. Zeeshan Hyder is stepping down as Chief Financial Officer and will remain with the company through early January, ensuring…
PeakBirch Logic expands into the Canadian market
VANCOUVER: PeakBirch Logic Inc. announced its expansion into the Canadian market. PeakBirch will offer Canadian consumers access to premium selections of vaporizer, glass, and accessory brands through its existing network of relationships and distribution outlets. Canada legalized the sale and consumption of adult-use cannabis in 2018 and has since become a fast-growing market. Canadians spent…
Leafly Names Yoko Miyashita as New CEO
SEATTLE: Cannabis information resource and commerce platform Leafly Holdings, announced General Counsel Yoko Miyashita will lead the company as its new Chief Executive Officer. As Leafly CEO, Miyashita will drive the company’s vision and strategy for continued growth as a marketplace to connect consumers with cannabis retailers and brands, as well as maintaining its position…
BevCanna appoints cannabis facilities design expert Adam Clarke to advisory board
VANCOUVER: Emerging leader in infused cannabis beverages, BevCanna Enterprises Inc. announced that its board of directors appointed Adam Clarke to its Independent Advisory Board, effective July 20th, 2020. Mr. Clarke is an expert in the planning and design of cannabis and hemp cultivation and processing facilities and operations. He will leverage his many years of…
Curaleaf completes acquisition of grassroots creating world’s largest cannabis company
WAKEFIELD: Curaleaf Holdings Inc., the largest vertically integrated cannabis operator in the United States, announced that it closed its milestone acquisition of GR Companies, Inc., the largest private vertically-integrated multi-state operator in the United States, on July 23, 2020. With completion of the acquisition of Grassroots, Curaleaf is the world’s largest cannabis company by revenue…
Cannabis in Illinois ushers in a new era of consumption
CHICAGO: NuMed, a rapidly expanding Chicago-based vertically integrated Cannabis company, has launched their new name and brand NuEra. NuEra covers their three current Illinois retail locations, a newly acquired cultivation center in Rochelle IL, and their new brand of Flower and Prerolls. The name NuEra highlights the fact that legalization in Illinois didn’t just change…
MYM Nutraceuticals agrees to acquire Biome’s Highland Grow Inc.
VANCOUVER: MYM Nutraceuticals Inc. and Biome Grow Inc. have entered into an agreement whereby MYM has agreed to acquire 100% of Biome’s wholly-owned subsidiary Highland Grow Inc. (HGI), which is licensed under the Cannabis Act (Canada ) to cultivate, process, and distribute cannabis from its facility located in Antigonish, Nova Scotia. As part of the…
THC Global signs production agreement with New Zealand’s Medleaf Therapeutics
SYDNEY: THC Global Group Limited has signed a binding agreement with JC Logistics Limited trading as Medleaf Therapeutics for THC Global to produce and supply pharmaceutical GMP medicines for Medleaf in New Zealand. Medleaf was established in 2018 and has become a major supplier of cannabis medicines in New Zealand. Medleaf has a well-established supply …
Rubicon Organics signs cannabis supply agreement with German Distributor, canacur GmbH
VANCOUVER: Rubicon Organics Inc. has signed a product supply agreement with canacur GmbH, a medical cannabis distributor incorporated in Nuremburg, Germany. Pursuant to the Agreement, Canacur shall purchase dried cannabis from Rubicon Organics for an initial term of three years, with two optional two-year extensions available. The Company expects first exports in the first half…
Yield Growth signs agreement with Argentia Gold to manufacture Jack n Jane cannabis products in Canada
VANCOUVER: The Yield Growth Corp’s wholly owned subsidiary Jack n Jane Essentials Inc. signed a definitive agreement with Argentia Gold Corporation for the manufacture and distribution of Jack n Jane branded cannabis products in Canada. The agreement includes 35 products to be launched over a 2-year term, including similar products that have been previously launched…