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Canopy Growth to buy ‘#1 edibles brand in North America’

Canopy Growth (WEED.TO)(CGC) is looking to dominate the cannabis gummies market with its latest option-based deal hingeing on pot becoming federally legal in the United States.  The Smiths Falls, Ont.-based company announced a deal on Thursday to acquire privately-held Wana Brands, a Colorado-based cannabis edibles brand that claims to lead the category by market share across North America. Canopy says…

HempFusion Appoints Maria Leal as Chief Financial Officer

DENVER, October 14, 2021–(BUSINESS WIRE)–HempFusion Wellness Inc. (TSX:CBD.U) (OTCQX:CBDHF) (FWB:8OO) (“HempFusion” or the “Company”), a leading health and wellness company offering premium probiotic supplements and products containing CBD, is pleased to announce that it has promoted Maria Leal, the Company’s Vice President, Controller and Interim Chief Financial Officer, to Chief Financial Officer. Ms. Leal holds a CPA and an MBA and has…

Agra Ventures Subsidiary Farmako Launches New THC and CBD Testkit to German Pharmacies

The Proprietary Testkits Perform Identity Testing of Both THC and CBD in Cannabis Products   VANCOUVER, British Columbia, Oct. 14, 2021 (GLOBE NEWSWIRE) — Agra Ventures Ltd. (“AGRA” or the “Company”) (CSE: AGRA) (Frankfurt: PU30) (OTCPK: AGFAF), a growth-oriented and diversified company focused on the international cannabis industry, is pleased to announce that its wholly owned subsidiary, Farmako GmbH (“Farmako”), has expanded its portfolio of cannabis identity testing kits to now…

Heritage Cannabis and Opticann Announce Exclusive Partnership with C.A.R.P

TORONTO–(BUSINESS WIRE)–Heritage Cannabis and Opticann Announce Exclusive Partnership with C.A.R.P READ MORE: http://www.businesswire.com/news/home/20211014005423/en/Heritage-Cannabis-and-Opticann-Announce-Exclusive-Partnership-with-C.A.R.P/?feedref=JjAwJuNHiystnCoBq_hl-W8j9Oi60kFTomUxRDB8jhB7TDOU5CqE9t5WwBA1inzlrCOi9QzgjCezTS3Nw_X6kJUrpSBm-Hav1w-UkdSlG3kCXJZE-1b1nXn968wYfofVIbE9ZC1pD3bt6lQgRU5j6g==

Dutchie Becomes the Most Valuable Cannabis Technology Company After $350 Million Capital Raise

Dutchie Announces $350 Million Financing Round to Power Cannabis Commerce, Now Valued at $3.75 Billion With D1 Capital Partners leading the round, Dutchie furthers its mission to create safe and easy access to cannabis and provide solutions that streamline dispensary operations Bend, OR – Dutchie — the technology platform powering cannabis commerce — today announced […] READ MORE: https://www.newcannabisventures.com/dutchie-becomes-the-most-valuable-cannabis-technology-company-after-350-million-capital-raise/

Pelorus Equity Group Secures $20 Million Line of Credit at 4.75%

Pelorus Equity Group is First in the Cannabis Sector to Secure an Up to $20M Line of Credit at 4.75% with a FDIC Insured Bank First-of-Its-Kind Offering Delivers Lowest Available Commercial Real Estate Lending Rates to Owners and Operators with Cannabis-Use Properties NEWPORT BEACH, Calif., Oct. 14, 2021 (GLOBE NEWSWIRE) — Pelorus Equity Group (“Pelorus” or “Company”), […] READ MORE: https://www.newcannabisventures.com/pelorus-equity-group-secures-20-million-line-of-credit-at-4-75/

Canopy Growth to Pay $297.5 Million for Right to Acquire Wana Brands

Canopy Growth Announces Plan to Acquire Wana Brands, the #1 Cannabis Edibles Brand in North America Transaction Strengthens Canopy Growth’s U.S. Ecosystem and Increases U.S. Cannabis Market Exposure Upon Federal Permissibility SMITHS FALLS, ON and BOULDER, Colo., Oct. 14, 2021 /PRNewswire/ – Canopy Growth Corporation (“Canopy Growth” or “the Company”) (TSX: WEED) (NASDAQ: CGC) and […] READ MORE: https://www.newcannabisventures.com/canopy-growth-to-pay-297-5-million-for-right-to-acquire-wana-brands/

Cresco to Acquire Pennsylvania Operator Laurel Harvest for $80 Million

Cresco Labs to Expand Leadership in Pennsylvania Through Acquisition of Vertically Integrated Operator, Laurel Harvest CHICAGO, October 14, 2021–(BUSINESS WIRE)–Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco Labs” or “the Company”), a vertically integrated multistate operator and the number one U.S. wholesaler of branded cannabis products, announced today the execution of a definitive agreement to acquire 100% of the […] READ MORE: https://www.newcannabisventures.com/cresco-to-acquire-pennsylvania-operator-laurel-harvest-for-80-million/

Horizons Ventures Co-Founder Doubles Down On Her Investment In TAAT Global Alternatives

By Exec Edge Editorial Staff In a further sign of business model validation from people in the know, TAAT Global Alternatives Inc. (CSE: TAAT) (OTCQX: TOBAF) (FRANKFURT: 2TP) has received an additional CAD $10,000,000 investment from a group of venture investors led by Ms. Debbie Chang, co-founder of Horizons Ventures, in her personal capacity. The […] READ MORE: https://finance.yahoo.com/news/horizons-ventures-co-founder-doubles-120046958.html?.tsrc=rss

Cresco Labs to Expand Leadership in Pennsylvania Through Acquisition of Vertically Integrated Operator, Laurel Harvest

CHICAGO–(BUSINESS WIRE)–Cresco Labs to Expand Leadership in Pennsylvania Through Acquisition of Vertically Integrated Operator, Laurel Harvest READ MORE: http://www.businesswire.com/news/home/20211014005257/en/Cresco-Labs-to-Expand-Leadership-in-Pennsylvania-Through-Acquisition-of-Vertically-Integrated-Operator-Laurel-Harvest/?feedref=JjAwJuNHiystnCoBq_hl-W8j9Oi60kFTomUxRDB8jhB7TDOU5CqE9t5WwBA1inzlrCOi9QzgjCezTS3Nw_X6kJUrpSBm-Hav1w-UkdSlG3kCXJZE-1b1nXn968wYfofVIbE9ZC1pD3bt6lQgRU5j6g==

Canopy Growth Announces Plan to Acquire Wana Brands, the #1 Cannabis Edibles Brand in North America

Canopy Growth Corporation (“Canopy Growth” or “the Company”) (TSX: WEED) (NASDAQ: CGC) and Mountain High Products, LLC, Wana Wellness, LLC and The Cima Group, LLC (collectively, “Wana” and each, a “Wana Entity”) are pleased to announce that they have entered into definitive agreements (the “Agreements”) providing Canopy Growth with the right, upon federal permissibility of THC in the U.S., to…