A nonprofit marijuana policy group is distributing a survey to hundreds of New Jersey mayors in an effort to identify local concerns and challenges of regulating cannabis sales as the state works to implement legalization. The Cannabis Advisory Group (CAG) announced the questionnaire on Wednesday, just two days before... Read more
Sundial Announces Strategic Investment CALGARY, AB, Dec. 30, 2020 /PRNewswire/ – Sundial Growers Inc. (Nasdaq: SNDL) (“Sundial” or the “Company”) announced today that it has closed the acquisition of a special purpose vehicle (the “Investment”). Consideration for the Investment, totaling $58.9 million in cash, was funded from Sundial’s available... Read more
Decibel Announces Non-Dilutive $30 Million Debt Financing from Connect First Credit Union CALGARY, AB, Dec. 30, 2020 /PRNewswire/ – Decibel Cannabis Company Inc. (the “Company” or “Decibel”) (TSXV: DB) (OTCQB: DBCCF), is pleased to announce that it has entered into a commitment letter with Connect First Credit Union Ltd. (“First Calgary”) in respect of $30 million of... Read more
IM Cannabis to Acquire Trichome in Landmark Transaction – Establishes Global Growth Platform and Leading Multi-Country Operator Combined Company will be a fully-integrated global leader in adult-use recreational and medical cannabis markets and the only MCO operating directly in Israel, the EU, and Canada, with forecast adjusted EBITDA profitability... Read more
Government officials from two traditionally conservatives states are defending voter-approved marijuana reform initiatives against legal challenges. The secretaries of state, along with the attorneys general, from both Mississippi and South Dakota recently filed responses to lawsuits seeking to invalidate their states’ measures legalizing cannabis for medical and recreational purposes,... Read more
