Tag : thc

Cannabis News Market Watch

Providence Brands and Lost Craft Beer to Partner on Cannabis Infused Beer Brand

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Providence Brand of Canada has announced this morning that the company had entered into an agreement with Lost Craft beer to bring a line of cannabis infused craft beers to consumers located throughout Canada. Under the terms of the agreement, Lost Craft Beer will license Providence Brands patent pending technologies...
Cannabis News Market Watch

Tilray Announces Impressive 2018 Q3 Financials

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Wholly-owned subsidiary of Privateer Holdings, Inc., Tilray (NASDAQ: TLRY), has announced the company’s third quarter financial statements for 2018 this morning. Earlier this year, Tilray debuted its stock on the NASDAQ stock exchange, making it one of the few public companies involved in the sector to do so. Tilray, Inc....
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Green Growth Brands Debuts on CSE Under Symbol “GGB”

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Green Growth Brands has announced this morning that their company has debuted on the Canadian Securities Exchange (CSE) under the ticker symbol “GGB.” The company is financially backed by the Schottenstein family and ran by Peter Horvath. The company is currently trading around $4.00 per share. Mr. Horvath is responsible for...
Cannabis News Hemp News Market Watch

Trulieve to Expand Product Distribution to California and Massachusetts

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Trulieve Cannabis Corp.(CSE: TRUL) has announced this morning that they plan to acquire 100% of Life Essence, Inc., located in Massachusetts, and 100% of Leef Industries, LLC, located in California, marking the first acquisitions in the company’s history. These moves by Trulieve will be the first time the company has...
Current News Global Market Watch

Aphria Inc. Announces Possible Acquisition of German Pharma Distributor CC Pharma

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Aphria Inc.(TSX: APHA) (NYSE: APHA) has announced this morning that the company plans to invest a total of C$72 million dollars into their German acquisition target CC Pharma GmbH (“CC Pharma”). If the proper regulatory bodies accept the terms of the acquisition, then Aphria Inc. will gain a pharmaceutical distribution...
Current News Global Market Watch

Wayland Group Enters South American Market with $22M Acquisition

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Wayland Group (CSE:WAYL), a Canadian public company, has announced this morning that they have officially entered into the South American cannabis market with the 100% acquisition of Colombian company Colma Pharmaceutical SAS. Under the agreement Colma Pharmaceutical SAS will receive 11 million shares of Wayland at a price of $2.00 per...
Market Watch

Terra Tech and Golden Leaf Sign LOI to Merge

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Terra Tech Corp. (OTCQX: TRTC) has announced this morning that the company has signed an LOI to merge with Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF). Under the terms of the agreement a subsidiary of Terra Tech will merge with Golden leaf, with the resulting company to be held as a wholly-owned...
Politics

Mexico’s Supreme Court Rules Cannabis Prohibition Unconstitutional

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This week, Mexico’s supreme court has ruled that the absolute ban on recreational consumption of cannabis by adults unconstitutional. Now lawmakers will be in charge of implementing new laws that will regulate cannabis consumption throughout the country. The supreme court has decided that it is an adult’s fundamental right to...
Cannabis News Market Watch

INDUS Raises $46M Expanding Their Company’s Operations

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INDUS Holding Company a company based out of Salinas, California has announced this morning that their company has raised $46 million in a Series B financing round that officially closed on October 25, 2018. A series B financing is the second round of financing conducted by a company when a...
Cannabis News Market Watch

Plus Products Goes Public on CSE, Raises $20M Via IPO

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Plus Products Inc. (CSE: PLUS) has announced this week that the company has raised a total of CAD$20,000,002 million via a initial public offering (IPO) selling 6,153,847 subordinate voting shares of the company at $3.25 per share. This week also marks the launch of the company’s common stock on the Canadian...