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Halo Announces Closing of Los Angeles Dispensary Project Acquisition & Passage of Los Angeles Ordinance to Accelerate Approval of Winning Applicants

July 5, 2020

TORONTO–(BUSINESS WIRE)–Halo Labs Inc. (“Halo” or the “Company”) (NEO: HALO, OTCQX: AGEEF, Germany: A9KN) is pleased to announce that, further to its press releases dated January 16, March 2, 2020, March 6, 2020, and March 31, 2020 it has closed the following acquisitions: a 66 2/3% controlling membership interest in LKJ11 LLC (“LKJ”) a winning…

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Organigram Provides Update on COVID-19 Corporate Action Plan and Timing for Q3 Results

July 3, 2020

MONCTON, New Brunswick–(BUSINESS WIRE)–Organigram Holdings Inc. (“Organigram” or the “Company”) (TSX: OGI) (NASDAQ: OGI) provides a corporate update on recent developments of the Company in relation to the worldwide COVID-19 pandemic and the continuing evolution of the Canadian cannabis industry. Staffing Changes In an effort to better align its production capacity to prevailing market conditions,…

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MedMen Announces Lender and Landlord Support for Company Turnaround

July 3, 2020

LOS ANGELES–(BUSINESS WIRE)–MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) today announced the execution of definitive agreements with certain lenders, including Gotham Green Partners, Stable Road Capital and affiliates, and the Company’s most significant landlord, Treehouse Real Estate Investment Trust (“Treehouse”) as part of a financial restructuring and turnaround plan (the “Plan”)…

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CORRECTING and REPLACING Schwazze, Formerly Operating as Medicine Man Technologies, Inc., Provides Business Update

July 2, 2020

DENVER–(BUSINESS WIRE)–Please replace the release with the following corrected version due to multiple revisions. The corrected release reads: SCHWAZZE, FORMERLY OPERATING AS MEDICINE MAN TECHNOLOGIES, INC., PROVIDES BUSINESS UPDATE Company Shares Pro forma Financial Results Including Mesa Organics Acquisition Terminates Binding Term Sheets for Two Announced Acquisitions Reiterates Commitment to Building Leading Vertically Integrated Cannabis…

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Schwazze, Formerly Operating as Medicine Man Technologies, Inc., Provides Business Update

July 2, 2020

DENVER–(BUSINESS WIRE)–Schwazze, formerly operating as Medicine Man Technologies, Inc. (OTCQX: SHWZ) (“Schwazze” or “the Company”), a leading vertically-integrated Colorado cannabis company, today provided a business update. Specifically the Company shared the pro forma financial results that reflect the acquisition of Mesa Organics, which closed on April 20, 2020 and announced the termination of previously named…

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Innovative Industrial Properties Announces Exercise of Option to Purchase Additional Shares of Common Stock

July 2, 2020

SAN DIEGO–(BUSINESS WIRE)–Innovative Industrial Properties, Inc. (the “Company”) (NYSE: IIPR) announced today the full exercise of the underwriters’ option to purchase an additional 402,504 shares of common stock in connection with the Company’s previously announced follow-on offering that priced on June 29, 2020. In total, the Company sold 3,085,867 shares of common stock in the…

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Conifer Health Announces Executive Appointments

July 1, 2020

FRISCO, Texas–(BUSINESS WIRE)–Conifer Health Solutions, a subsidiary of Tenet Healthcare Corporation (NYSE: THC), has announced changes to its leadership team to help accelerate the company’s mission to provide the foundation for better health for its clients. Conifer will welcome two new members to senior leadership, Arvind Ramakrishnan as chief operating officer and Matthew Bayley, M.D.,…

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Champions + Legends Announces Former Professional Football Player and Two-Time Super Bowl Champion James Harrison together with World’s Strongest Man & TV Star Thor Björnsson as founding Athlete Partners

July 1, 2020

LAS VEGAS–(BUSINESS WIRE)–Champions + Legends, a cutting edge manufacturer of CBD-based sports supplements for athletic preparation, performance and recovery, is proud to announce James Harrison, a two-time Super Bowl champion and five-time former all-pro football player, and Thor “The Mountain” Björnsson, winner of multiple Strongest Man competitions, world deadlift record holder, and actor in the…

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Cannabis-based Alcoholic Beverage Market 2020-2024 | Social Acceptance of Cannabis to Boost Growth | Technavio

July 1, 2020

LONDON–(BUSINESS WIRE)–Technavio has been monitoring the cannabis-based alcoholic beverage market and it is poised to grow by USD 155.28 million during 2020-2024, progressing at a CAGR of almost 19% 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. Technavio suggests…

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Cresco Labs Closes Sale-and-Leaseback for Massachusetts Facility and Expands Real Estate Partnership with Innovative Industrial Properties

July 1, 2020

CHICAGO–(BUSINESS WIRE)–Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco” or “the Company”), one of the largest vertically integrated multistate cannabis operators in the United States, today announced that it has closed the agreement to its sell and lease back its Fall River, MA property to Innovative Industrial Properties, Inc. (“IIP”). Consideration for the sale was approximately $29 million,…

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Innovative Industrial Properties Acquires Massachusetts Property and Expands Real Estate Partnership with Cresco Labs

July 1, 2020

SAN DIEGO–(BUSINESS WIRE)–Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U.S. cannabis industry, announced today that it closed on the acquisition of a property in Massachusetts, which comprises approximately 118,000 square feet of industrial space in the aggregate. The…

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Grown Rogue Reports Positive Adjusted EBITDA and Second Consecutive Quarter of Positive Cash Flow

June 30, 2020

MEDFORD, Ore.–(BUSINESS WIRE)–Grown Rogue International Inc. (“Grown Rogue” or the “Company”) (CSE: GRIN) (OTC: GRUSF), a multi-state cannabis company with operations and assets in Oregon and Michigan, has released its financial and operating results for the three and six months ended April 30, 2020. The Company’s business strategy focusing on supply chain efficiencies and higher…

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