Aphria Inc. Enters Into Agreement to Receive $100 Million Strategic Investment from Institutional Investor Further Strengthening Aphria’s Cash Balance Pro Forma to Nearly $600 million¹ Company Also Provides Corporate Updates LEAMINGTON, ON, Jan. 24, 2020 /PRNewswire/ – Aphria Inc. (“Aphria” or the “Company”) (TSX: APHA and NYSE: APHA) today... Read more
Guest post by Erik Ott, Partner at KO Acquisitions The latest news on cannabis M&A transactions in the US might make one wonder if more deals are falling apart than are closing. In Q4 2019, over US$1 billion in M&A deals were terminated by Multi-State Operators (MSOs), including: Cresco... Read more
MediPharm Labs Files Statement of Claim BARRIE, Ontario, Jan. 24, 2020 (GLOBE NEWSWIRE) — MediPharm Labs Corp. (TSX: LABS) (OTCQX: MEDIF) (FSE: MLZ) (“MediPharm Labs” or the “Company”) today announced that its wholly owned subsidiary, MediPharm Labs Inc., has filed a statement of claim (the “Claim”) in the Ontario... Read more
A city council member has proposed that Detroit extend its decision to temporarily opt-out of Michigan’s newly legal recreational cannabis market while a plan to ensure local participation in the industry is created. The proposed ordinance, introduced by Councilman James Tate at a meeting of the council on Monday,... Read more
“Landscapes are changing, and the Cherokee Nation needed to modernize its HR policies to reflect those changes,” said Principal Chief Chuck Hoskin Jr. in a January 15 press release. The communication was meant to inform the public that Hoskin’s tribal association would be leaving space for its employees to... Read more
A Vermont lawmaker wants to relax the laws surrounding psychedelics.  In a bill introduced Wednesday, state Rep. Brian Cina took the first step toward decriminalizing psilocybin, peyote, ayahuasca and kratom, with the legislation alluding to them as “certain drugs commonly used for medicinal, spiritual, religious, or entheogenic purposes.” The... Read more
Hemp producers finding major profits from minor cannabinoids
(This is an abridged version of a story that appears in the January issue of Marijuana Business Magazine.) Will 2020 be the year of the cannabinoid CBG? Some hemp producers are betting on it after a year of overproduction of CBD. Hemp farmers are looking to diversify their production options – and go after larger... Read more
SAN DIEGO, January 23, 2020–(BUSINESS WIRE)–Innovative Industrial Properties, Inc. (the “Company”) (NYSE: IIPR) announced today that it has commenced a public offering of 2,000,000 shares of its common stock. The Company expects to grant the underwriters a 30-day option to purchase up to an additional 300,000 shares of its... Read more
Exclusive Interview with Cresco Labs CEO Charlie Bachtell New Cannabis Ventures last spoke with Cresco Labs (CSE: CL) (OTCQX: CRLBF) CEO Charlie Bachtell in early 2018. Since then, Cresco has transitioned from a private company to a publicly traded one, significantly grown its team and executed in the M&A... Read more

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