Village Farms Enters CBD Marketplace With Acquisition Of Balanced Health Botanicals
In a deal valued at $75 million, Village Farms International, Inc. is buying Colorado-based Balanced Health Botanicals. The acquisition provides Village Farms with immediate entry into the US CBD ...
NewLake Closes IPO With An Impressive $102 Million Raised & Begins Trading
Real estate investment trust (REIT) NewLake Capital Partners, Inc. closed its initial public offering (IPO) today, reportedly raising $102 million from 3,905,950 shares of common stock. NewLak...
Marshawn Lynch’s Dodi Blunts Partners With Last Prisoner Project, Creates Apprenticeship Program
Seattle Seahawks running back Marshawn Lynch’s cannabis company Dodi Blunts is partnering with the Last Prisoner Project on an apprenticeship program for justice-impacted individuals. The three-mo...
Jay-Z Backed Cannabis Producer, The Parent Company, Beats Estimates For Quarterly Revenue
California marijuana producer TPCO Holding Corp., better known as Parent Company, beat estimates for quarterly revenue on Monday, August 16, as demand exploded for THC-infused products during the p...
PharmaCann Reportedly Planning Stock Offer Being Valued At Over $1 Billion
Wanting to raise capital in advance of New York launching its recreational marijuana market, Chicago-based cannabis multistate operator PharmaCann is planning an initial stock offering valued at m...
FDA Rejects Bid To Sell CBD As Dietary Supplement
Applications by Charlotte’s Web Holdings Inc. and Irwin Naturals seeking to sell CBD hemp extracts as dietary supplements have been denied by the U.S. Food and Drug Administration. The agency ...
Charlotte’s Web Holdings Financial Report Shows Progress Despite FDA Set Back
Charlotte’s Web Holdings, Inc. reported consolidated revenue increasing 11.4% year-over-year to $24.2 million. Charlotte’s Web said that increased retail volumes have resulted in ongoing increment...
