New Cannabis Ventures

Segra Postpones Go Public Strategy Citing Cannabis Market Conditions

VANCOUVER, British Columbia, Dec. 07, 2018 (GLOBE NEWSWIRE) — Segra International Corp., a cannabis agritech company, has terminated the proposed acquisition by Chichi Financial Inc., citing recent market conditions as being a major factor in the decision to postpone going public. This decision is a measured response to the recent volatility being experienced by the cannabis markets. It is simply […]

Aurora Cannabis Extends International Operations with Entry into Mexican Medical Market

Aurora Cannabis to Enter Mexico Market via Exclusive Supply Arrangement with Farmacias Magistrales Farmacias is Sole Recipient of Federal License to Import, Formulate, Store and Sell Medical Cannabis Containing THC EDMONTON, Dec. 7, 2018 /PRNewswire/ – Aurora Cannabis Inc. (“Aurora” or the “Company”) (TSX: ACB) (NYSE: ACB) (Frankfurt: 21P; WKN: […]

Green Peak Innovations Approved for All 12 Medical Cannabis Cultivation Licenses in Michigan

GPI growing its vertical medical cannabis portfolio LANSING, MI —December 7, 2018—The State of Michigan Medical Marihuana Licensing Board unanimously voted today to issue the final 10 cultivation licenses to Lansing-based Green Peak Innovations (GPI) for large scale medical cannabis. Green Peak Innovations has applied for 12 class C cultivation […]

Altria Buys 45% of Cronos Group for C$2.4 billion with Option to Take Controlling Stake

Cronos Group Inc. Announces C$2.4 Billion Strategic Investment from Altria Group, Inc. TORONTO, Dec. 7, 2018 /PRNewswire/ – Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos Group” or the “Company”) today announced that it has entered into a subscription agreement (the “Subscription Agreement”) with Altria Group, Inc. (NYSE: MO) (“Altria”) pursuant to which Altria has […]

Liberty Health Sciences Reports $3.2 Million Florida Medical Cannabis Revenue in Q3

Liberty Health Sciences Experiences a Significant Increase in Year-Over-Year Revenue and Provides Update on its Liberty 360 and Ohio Operations TORONTO, Dec. 7, 2018 /CNW/ – Liberty Health Sciences Inc. (CSE: LHS) (OTCQX: LHSIF) (“Liberty” or the “Company”), a provider of high quality cannabis, announced today that they experienced […]

Cresco Labs Beefs Up Marketing Team with Two Key Hires

Cresco Labs Assembles Consumer Marketing Dream Team with Appointments of Beverage Branding All-Stars Cory Rothschild Named Vice President of Brand Marketing and Cris Rivera Named Vice President of Consumer Experience CHICAGO–(BUSINESS WIRE)–Cresco Labs (CSE: CL), one of the largest vertically integrated multistate cannabis operators in the United States, today announced two […]