New Cannabis Ventures

California Cannabis Distributor Nabis Raises Additional $4 Million

California Cannabis Distributor Nabis Raises Over $5.25 Million The independent distributor secures significant investment for continued expansion OAKLAND, CA (APRIL 18, 2019)—Nabis, one of California’s largest Type 11 Cannabis Distributors, announced they’ve raised $4 million during their second round of financing which officially closed in March 2019. This follows their […]

Canopy Growth Unveils Plan to Acquire American Cannabis Company Acreage Holdings for $3.4 Billion

Canopy Growth Announces Plan to Acquire Leading U.S. Multi-State Cannabis Operator, Acreage Holdings Proposed Deal Complements Canopy Growth’s U.S. CBD Strategy With An Accelerated Pathway Into U.S. Cannabis Markets, Once Federally Permissible Deal Structure Expected to Provide Improved Access to Capital for Acreage, Paving Way for Accelerated Expansion SMITHS FALLS, […]

48North Accelerates Warrant Expiry Date, Gross Proceeds to the Company Will Total an Estimated $13,500,000

TORONTO, April 18, 2019 /CNW/ – 48North Cannabis Corp. (“48North” or the “Company”) (TSXV: NRTH), a vertically integrated cannabis producer focused on the development of next-generation cannabis products, announced that it is accelerating the expiry of certain common share purchase warrants (“Warrants”), bearing an expiration date of December 2, 2020. […]

Cannabis REIT Deepens California Exposure with $27.1 Million Property Acquisition

Innovative Industrial Properties Acquires California Property Portfolio and Enters into Long-Term Leases with Licensed Operator Acquisition Represents IIP’s Second Investment in California, Expanding Footprint to 18 Properties in 11 States SAN DIEGO, April 16, 2019–(BUSINESS WIRE)–Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New […]

Aurora Cannabis to Buy Remaining Hempco Shares

Aurora Cannabis to Acquire Remaining Interest in Hempco Food and Fiber Inc. Strengthens Execution of Aurora’s Global Hemp and CBD Strategy EDMONTON, April 16, 2019 /PRNewswire/ – Aurora Cannabis Inc. (“Aurora”) (NYSE:  ACB) (TSX: ACB) (Frankfurt: 21P; WKN: A1C4WM) and Hempco Food and Fiber Inc. (“Hempco”) (TSX-V: HEMP) today announced that the companies have entered into a binding letter agreement (the “Letter Agreement”) […]