CAMBRIDGE, Mass.–(BUSINESS WIRE)–TILT Holdings Inc. (“TILT” or the “Company”) (CSE: TILT) (OTCQB: SVVTF) today announced that it has signed a binding term sheet for a private placement of US $125 million from a syndicate of institutional investors (the “Financing Syndicate”) led by UCP, a Toronto-based investment firm specializing in cannabis and alternative assets. This investment…
DetailsLONDON–(BUSINESS WIRE)–EMMAC Life Sciences Ltd (“EMMAC” or the “Company”), the leading European independent medical cannabis and wellness company, is pleased to announce that it has acquired 100% of Terra Verde, LDA (“Terra Verde”), a Portuguese genetics and cultivation company. This acquisition establishes EMMAC as the largest vertically integrated cannabis company in Europe, with operations in…
DetailsLOS ANGELES–(BUSINESS WIRE)–Manatt, Phelps & Phillips, LLP, a multidisciplinary, integrated professional services firm, today announced the launch of its cannabis and CBD practice, to consolidate and synergize the firm’s already robust offerings in the space. The team is led by real estate partner Anita Sabine, and includes professionals in the areas of banking, government and…
DetailsNEW YORK–(BUSINESS WIRE)–Columbia Care Inc. (“Columbia Care” or the “Company”) (NEO: CCHW, OTCQX: COLXF), one of the largest fully-integrated operators in the global medical cannabis industry with licenses across the US and the EU, is pleased to announce that its US dollar denominated shares will begin trading in the United States on the OTCQX® Best…
DetailsMONCTON, New Brunswick–(BUSINESS WIRE)–Organigram Holdings Inc. (NASDAQ: OGI) (TSX VENTURE: OGI), the parent company of Organigram Inc. (the “Company” or “Organigram”), a leading licensed producer of cannabis, is pleased to announce its results for the third quarter ended May 31, 2019 (“Q3” or “Q3 2019”). “We continued to report strong sales in our third quarter…
DetailsSAN DIEGO & ONTARIO, Canada–(BUSINESS WIRE)–Shareholder rights law firm Robbins Arroyo LLP announces that a purchaser of CannTrust Holdings Inc. (NYSE: CTST) filed a class action complaint for alleged violations of the Securities Exchange Act of 1934 between November 14, 2018 and July 5, 2019. CannTrust produces and distributes medical and recreational cannabis in Canada.…
DetailsPHOENIX–(BUSINESS WIRE)–Harvest Health & Recreation, Inc. (CSE: HARV, OTCQX: HRVSF) (“Harvest”), a vertically integrated cannabis company with one of the largest and deepest footprints in the U.S., announced it will open its compassion center, Harvest of Williston, for qualifying patients and caregivers today. Solidifying Harvest’s presence in the state, the North Dakota Department of Health…
Details–(BUSINESS WIRE)–Organigram Holdings Inc. is a NASDAQ Global Select and TSX Venture Exchange listed company whose wholly owned subsidiary, Organigram Inc., is a licensed producer of cannabis and cannabis-derived products in Canada. Organigram is focused on producing high-quality, indoor-grown cannabis for patients and adult recreational consumers in Canada, as well as developing international business partnerships…
DetailsLOS ANGELES–(BUSINESS WIRE)–The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against CannTrust Holdings Inc. (“CannTrust” or “the Company”) (NYSE: CTST) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.…
DetailsWILLIAMSVILLE, N.Y.–(BUSINESS WIRE)–22nd Century Group, Inc. (NYSE American:XXII), a plant biotechnology company that is a world leader in tobacco harm reduction, announced today the publication of a report by the Centers for Disease Control and Prevention (CDC) that found 8 out of 10 adults in the United States are in favor of lowering nicotine levels…
DetailsCHARLOTTE, N.C.–(BUSINESS WIRE)–cbdMD, Inc. (NYSE American: YCBD) today announced an interview with Chairman & co-CEO Martin A. Sumichrast will air on The RedChip Money Report television program. The interview will air Sunday, July 14, on Bloomberg International, available in 149 million homes across Europe, the Middle East, and Africa. Check local listings for times in…
DetailsSAN DIEGO–(BUSINESS WIRE)–Innovative Industrial Properties, Inc. (the “Company”) (NYSE: IIPR) announced today the pricing of an underwritten public offering of 1,300,000 shares of its common stock at $126.00 per share for gross proceeds of $163.8 million. The offering is expected to close on or about July 16, 2019, subject to customary closing conditions. The Company…
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