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CannabisNewsBreaks – TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF) Announces Changes to Executive Leadership Team

Global cannabis company TerrAscend (CSE: TER) (OTCQX: TRSSF) this morning announced that it has made modifications to its leadership team in coordination with the company’s focus on its rapidly scaling U.S. retail, manufacturing, and distribution operations. Michael Nashat has stepped down as CEO but will continue to serve as a member of the Board of Directors and act as a…

Why Aurora Cannabis (ACB) Stock Looks Attractive

Aurora Cannabis (ACB) announced it has made a big move into the U.S. market via its acquisition of Reliva, LLC, one of the major players in America.The company said the at close the deal will be “immediately accretive to shareholders on an adjusted EBITDA basis.”In this article we’ll look at some of the strengths the two companies will complement each…

TerrAscend Closes Initial Tranche of US$30 Million Non-Brokered Private Placement

NEW YORK and TORONTO, May 25, 2020 /CNW/ – TerrAscend Corp. (“TerrAscend” or the “Company”) (CSE:TER, OTCQX: TRSSF), a leading North American cannabis operator, today announced the closing of the first tranche of its previously announced non-brokered private placement (“the Offering”), issuing 13,646 Units at an issue price of US$2,000 per Unit resulting in proceeds to the Company of US$27.3 million. Each […] READ MORE: https://www.newcannabisventures.com/terrascend-closes-initial-tranche-of-us30-million-non-brokered-private-placement/

High Tide to Open Canna Cabana Storefront in Burlington

CALGARY , May 25, 2020 /CNW/ – High Tide Inc. (“High Tide” or the “Company”) (HITI.CN) (HITIF) (2LY.F), a retail-focused cannabis corporation enhanced by the manufacturing and distribution of cannabis lifestyle accessories, is pleased to announce that the Canna Cabana retail cannabis store located in Unit #2 at 2400 Guelph Line in Burlington, Ontario (the “Burlington Store”) will be opening…

Tilray’s CEO Expects at Least a Dozen Cannabis Bankruptcies in 2020 — Is He Right?

Canadian cannabis company Tilray’s (NASDAQ: TLRY) CEO believes that at least 12 marijuana companies will go under this year. In March, Tilray announced that it would be raising $90.4 million through an offering, largely because the company still could. CEO Brendan Kennedy told BNN Bloomberg that he “wasn’t sure anyone was going to be able to raise any money in this industry…