Curaleaf Holdings has responded to Aurora Cannabis’ formal rejection of its unsolicited takeover bid, arguing that its offer remains the best path forward for Aurora …
Category: Cannabis Business
Cannabis business news covering company earnings, acquisitions, store openings, market trends, investments and major industry developments.
Cresco Labs Completes $50 Million Acquisition of Nine Pennsylvania Medical Marijuana Dispensaries
Cresco Labs has completed its $50 million acquisition of nine operational medical marijuana dispensaries in Pennsylvania, significantly expanding the company’s retail presence in one of …
Aurora Cannabis Board Votes Unanimously to Recommend Shareholders Reject Curaleaf Hostile Takeover Bid
Aurora Cannabis is formally urging shareholders to reject Curaleaf Holdings’ unsolicited takeover bid, arguing that the offer significantly undervalues the company and would expose Aurora …
Cannabis Analytics Company Headset to Pay More Than $1 Million Over PPP Loan Federal Prosecutors Say It Was Ineligible to Receive
Headset Inc., a prominent marijuana industry data and analytics company, has agreed to pay more than $1 million to resolve federal allegations that it improperly …
Curaleaf to Open 76th Florida Marijuana Dispensary on September 1, Expanding Nationwide Footprint to 177 Stores
Curaleaf Holdings will open a new medical marijuana dispensary in Cutler Bay, Florida, on Tuesday, September 1, bringing the company’s statewide footprint to 76 locations …
Ascend Wellness Shareholders Approve Reverse Stock Split as Company Pursues Major U.S. Exchange Listing
Shareholders of Ascend Wellness Holdings have approved a reverse stock split designed to help the multistate marijuana operator pursue a listing on a major U.S. …
Rare Cannabinoid Company Launches Guide to Endocannabinoid System and Rare Cannabinoids
Rare Cannabinoid Company has launched a free educational guide explaining the endocannabinoid system and how cannabinoids including CBD, THC, CBG, CBN, CBC, THCV and CBDV …
Glass House Brands to Ring New York Stock Exchange Closing Bell Today
Glass House Brands is set to ring the Closing Bell at the New York Stock Exchange (NYSE) today, marking another major milestone for the California-based …
Aurora Investors Overwhelmingly Oppose Curaleaf Takeover Bid, While Curaleaf Investors Back Deal, Finds Informal Poll
Aurora Cannabis investors appear overwhelmingly opposed to Curaleaf’s hostile takeover bid, while Curaleaf investors are considerably more supportive of the proposed combination, according to an …
JARS Cannabis to Acquire Sonoran Roots, Creating 27-Store Arizona Marijuana Retail Network
JARS Cannabis has reached an agreement to acquire Arizona-based Sonoran Roots, a deal that would give the combined company 27 dispensaries across the state. Under …
