News

VGC, LLP Represents First Ever SPAC Vehicle to Convert Into Public REIT With Over $200M in Transactions

October 8, 2020

LOS ANGELES–(BUSINESS WIRE)–VGC, LLP (“VGC”) represented Subversive Real Estate Acquisition REIT LP (“Subversive REIT”) in the recently announced negotiation of over US$200 million in real estate deals, including $182.8 million comprising a qualifying transaction composed of 15 cannabis industrial cultivation, manufacturing, processing and retail properties in nine states, including California, Ohio, Florida, Nevada, Washington, Arizona,…

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CBD Oil Market to Reach $ 3.52 bn by 2024, Aurora Cannabis Inc., Canopy Growth Corp., and NuLeaf Naturals LLC., Emerge as Key Contributors to Growth | Technavio

October 8, 2020

LONDON–(BUSINESS WIRE)–Technavio has been monitoring the cannabidiol oil (CBD oil) market and it is poised to grow by USD 3.52 bn during 2020-2024, progressing at a CAGR of over 32% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Although…

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Subversive Real Estate Acquisition REIT LP Announces Conference Call; Files Preliminary Prospectus and Investor Presentation

October 8, 2020

TORONTO–(BUSINESS WIRE)–Subversive Real Estate Acquisition REIT LP (NEO: SVX.U) (NEO: SVX.RT.U) (OTCBB: SBVRF) (the “REIT LP”) today announced that the REIT LP will host a conference call to discuss its previously announced Qualifying Transaction to become the second publicly traded cannabis REIT, and to become a leading real estate capital provider for prominent cannabis operators…

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Medical Marijuana Market| Increasing Production of Medical Marijuana to Boost the Market Growth | Technavio

October 8, 2020

LONDON–(BUSINESS WIRE)–The global medical marijuana market size is poised to grow by USD 22.33 billion during 2020-2024, progressing at a CAGR of over 24% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.…

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Legacy Cannabis Operator Green Dragon Launches Statewide Delivery, Innovative Products for Florida Patients

October 8, 2020

DENVER–(BUSINESS WIRE)–Leading cannabis operator Green Dragon today announced its entry into the Florida medical cannabis market. Along with its vertically integrated cultivation and processing facilities that went online earlier this year, the company is expanding its footprint in coming months with operations spanning extraction, infused-product manufacturing and retail dispensaries to serve Florida patients statewide. Green…

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ACB INVESTIGATION ALERT: Bernstein Liebhard is Investigating Aurora Cannabis Inc. For Violations of the Securities Laws

October 8, 2020

NEW YORK–(BUSINESS WIRE)–Bernstein Liebhard, a nationally acclaimed investor rights law firm, is investigating potential securities fraud claims on behalf of shareholders of Aurora Cannabis Inc. (“Aurora” or the “Company”) (NYSE: ACB) resulting from allegations that Aurora might have issued misleading information to the investing public. If you purchased Aurora securities, and/or would like to discuss…

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Columbia Care Brings Consistency and Credibility to the Adult Use Cannabis Space with First National Lifestyle Brand Seed & Strain

October 8, 2020

NEW YORK–(BUSINESS WIRE)–Columbia Care, Inc. (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP) (“Columbia Care” or the “Company”) today announced the launch of the company’s first internally developed cannabis lifestyle brand, Seed & Strain. The Company’s inaugural venture into national brand launches, Seed & Strain was created to provide both adult use and medical consumers…

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Academic and Industry Collaborative Study, including Goldfinch Bio, Demonstrates Benefit of Proteinuria Reduction on Kidney Survival in Patients with Focal Segmental Glomerulosclerosis (FSGS)

October 8, 2020

CAMBRIDGE, Mass.–(BUSINESS WIRE)–Goldfinch Bio, a clinical stage biotechnology company focused on discovering and developing precision medicines for the treatment of kidney diseases, today announced the publication of data demonstrating the benefit of continuous proteinuria reduction on kidney survival in patients with focal segmental glomerulosclerosis (FSGS) and underscoring the utility of proteinuria as a clinically meaningful…

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Heritage Cannabis Announces the Acquisition of Opticann, Inc.

October 7, 2020

TORONTO, Ontario–(BUSINESS WIRE)–Heritage Cannabis Holdings Corp. (CSE: CANN) (“Heritage” or the “Company”), today announced, further to its press release issued on August 5, 2020, it has completed its acquisition of all of the issued out outstanding securities of Opticann, Inc. (“Opticann“), a Colorado based oral and topical cannabinoid company with the rights to exclusively sell…

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PerkinElmer Launches Industry First, Fully Automated Workflow for Cannabis & Hemp Pesticide Residue Testing

October 7, 2020

WALTHAM, Mass.–(BUSINESS WIRE)–PerkinElmer, Inc., a global leader committed to innovating for a healthier world, today launched the cannabis industry’s first fully-automated liquid handling sample preparation and LC/MS/MS analysis workflow for pesticide residue testing of cannabis and hemp flower samples. The new end-to-end offering also includes cannabis-optimized reagents and sample prep consumables as well as proprietary…

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ACB LOSSES ALERT: Bernstein Liebhard is Investigating Aurora Cannabis Inc. For Violations of the Securities Laws

October 7, 2020

NEW YORK–(BUSINESS WIRE)–Bernstein Liebhard, a nationally acclaimed investor rights law firm, is investigating potential securities fraud claims on behalf of shareholders of Aurora Cannabis Inc. (“Aurora” or the “Company”) (NYSE: ACB) resulting from allegations that Aurora might have issued misleading information to the investing public. If you purchased Aurora securities, and/or would like to discuss…

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Shareholder Alert: Robbins LLP Announces that Aurora Cannabis, Inc. (ACB) is Being Sued for Misleading Shareholders

October 7, 2020

SAN DIEGO & EDMONTON, Alberta–(BUSINESS WIRE)–Shareholder rights law firm Robbins LLP announces that a purchaser of Aurora Cannabis, Inc. (NYSE: ACB) has filed a class action complaint against the company’s officers for alleged violations of the Securities Exchange Act of 1934 between February 13, 2020 and September 4, 2020. Based in Edmonton, Canada, Aurora produces…

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