Tag : Transaction

CCT Impact

Ascend Wellness Holdings, Inc. Announces the Filing of a Lawsuit and a Motion for Preliminary Injunction for Specific Performance to Close Transaction with MedMen

CCT IMPACT Agent
Ascend Wellness Holdings, Inc. (“AWH” or the “Company”) (CSE: AAWH.U) (OTCQX: AAWH), a multi-state, vertically integrated cannabis operator focused on bettering lives through cannabis, announced it has filed a complaint commencing a lawsuit in the Commercial Division of the Supreme Court of the State of New York in New York County against MedMen NY, Inc.......
CCT Impact

Sundial Growers Reiterates Commitment to the Transaction with Alcanna and Announces ISS Support for Plan of Arrangement

CCT IMPACT Agent
Sundial Growers Inc. (NASDAQ: SNDL) (“Sundial” or the “Company“) is issuing this press release to reiterate its commitment to the proposed plan of arrangement (the “Arrangement“) with Alcanna Inc. (TSX: CLIQ) (“Alcanna“) as previously announced on October 7, 2021. SUNDIAL’S COMMITMENT TO THE CONSIDERATION OFFERED FOR THE ARRANGEMENT AND ISS RECOMMENDATION Sundial......
CCT Impact

Goodness Growth Holdings Announces Sale Leaseback Transaction in New York with Innovative Industrial Properties

CCT IMPACT Agent
Goodness Growth Holdings, Inc. (“Goodness Growth” or the “Company”) (CSE: GDNS; OTCQX: GDNSF), a physician-led, science-focused cannabis company and IP developer, today announced the closing of a sale leaseback transaction with Innovative Industrial Properties, Inc. (“IIP”) (NYSE: IIPR) in the State of New York. Goodness Growth sold and IIP acquired approximately 92.3 acres......
CCT Impact

Body and Mind Closes NMG Ohio Dispensary and Processing Facility Transaction

CCT IMPACT Agent
Body and Mind Inc. (CSE: BAMM) (OTCQB: BMMJ) (the “Company” or “BaM”), a multi-state operator focused on limited license markets, is pleased to report the closing of the acquisition of the remaining 70% interest in NMG Ohio LLC (“NMG Ohio“). The transaction included the transfer of a dispensary license for the Clubhouse Dispensary in Elyria,......
CCT Impact

iAnthus Provides Update on Recapitalization Transaction

CCT IMPACT Agent
iAnthus Capital Holdings, Inc. (“iAnthus” or the “Company”) (CSE: IAN) (OTCPK: ITHUF), which owns, operates and partners with regulated cannabis operations across the United States, announces that it is in receipt of a purported notice (the “Purported Notice“) from the Lenders and the Consenting Debenture Holders (as such terms are defined......
CCT Impact

iAnthus Reports Second Quarter 2021 Financial Results and Provides Update on Status of Recapitalization Transaction

CCT IMPACT Agent
iAnthus Capital Holdings, Inc. (“iAnthus” or the “Company”) (CSE: IAN) (OTCPK: ITHUF), which owns, operates, and partners with regulated cannabis operations across the United States, today reported its financial results for the three and six months ended June 30, 2021. The Company’s Quarterly Report on Form 10-Q, which includes its unaudited interim......
CCT Impact

Parallel Announces Sale-Leaseback Transaction in Pennsylvania with Innovative Industrial Properties for Approximately $68 Million

CCT IMPACT Agent
Parallel (the “Company”), one of the largest privately-held multi-state cannabis operators in the United States (U.S.), today announced the completion of a sale-leaseback transaction (the “Transaction”), in which Parallel sold its Pittsburgh, Pennsylvania warehouse to, and entered into a long-term lease agreement with, an affiliate of Innovative Industrial Properties, Inc. (IIP) (NYSE: IIPR), the first and......
CCT Impact

Trulieve Announces the Largest US Cannabis Transaction; Acquisition of Harvest Health & Recreation Inc., Creates the Most Profitable Multi-State Operator in the World’s Largest Cannabis Market

CCT IMPACT Agent
Trulieve Cannabis Corp. (“Trulieve” or the “Company“) (CSE: TRUL) (OTC: TCNNF) and Harvest Health & Recreation Inc. (“Harvest“) (CSE: HARV,OTCQX: HRVSF) are pleased to announce they have entered into a definitive arrangement agreement (the  “Arrangement Agreement“) pursuant to which Trulieve will acquire all of the issued and outstanding subordinate voting shares,......
CCT Impact

Subversive Acquisition LP Provides Update on Qualifying Transaction with Intercure, Israel’s Leading and Fastest-Growing Cannabis Company

CCT IMPACT Agent
SUBVERSIVE ACQUISITION LP (TSX: SVX.U) (NEO: SVX.U) (OTCQX: SBVRF) (“SVX“) provided an update today on its qualifying transaction to combine with InterCure Ltd. (dba Canndoc) (TASE: INCR) (“InterCure“), Israel’s leading cannabis company (the “Qualifying Transaction“). 1. Closing SVX currently expects the Qualifying Transaction to close (the “Closing“) on April 8, 2021. 2. Meeting SVX will hold a special......
CCT Impact

iAnthus Provides Update on Recapitalization Transaction

CCT IMPACT Agent
iAnthus Capital Holdings, Inc. (“iAnthus” or the “Company”) (CSE: IAN) (OTCPK: ITHUF), which owns, operates and partners with regulated cannabis operations across the United States, announces that earlier today, in a unanimous decision, the British Columbia Court of Appeal dismissed the appeal of Walmer Capital Limited, Island Investments Holdings Limited and Alastair Crawford of the......