Investors geared up for the 2018 midterm elections hoping for a repeat of 2016 elections. The 2016 elections will be viewed as a historic turning point for legal marijuana in the U.S.
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Trulieve To Expand To California and Massachusetts
Trulieve Cannabis Corp. (CSE: TRUL) today announced that the Company has entered into agreements to acquire 100% of Life Essence, Inc. and 100% of Leef Industries, LLC. These two acquisitions – expected to close when certain regulatory approvals are received – represent the first operational ventures for Trulieve beyond the State of Florida.
Michigan, Missouri, and Utah Set To Legalize Marijuana
The US Moves closer to marijuana legalization after the midterm elections. Michigan becomes the first Midwest U.S. State to legalize recreational marijuana. Missouri and Utah both voted for the legalization of medical marijuana
Wayland Group Enters into Agreement to Expand Global Footprint with Acquisition in Colombia
Wayland Group (CSE:WAYL) (FRANKFURT: 75M) (OTCQB:MRRCF) is pleased to announce that the Company has entered the South American market through a transaction in Colombia. Wayland has entered into a definitive agreement to acquire 100% of the outstanding shares of Colma Pharmaceutical SAS, a licenced producer of THC cannabis in Colombia, holding four licences for cultivation and processing on a leased premise in Ibague, Colombia.
Choom Holdings (OTC: CHOOF | CSE: CHOO) Emerges As Marijuana Retail Leader After Major Financial Backing From Aurora Cannabis (NYSE | TSX: ACB)
Breaking down the $20 Million deal between Aurora (TSX | NYSE: ACB) and Choom (CSE: CHOO | OTC: CHOOF)
Aurora Cannabis (NYSE | TSX: ACB) Increases Cornerstone Investment in Cannabis Retailer Choom (CSE: CHOO | OTC: CHOOF) with Additional $20 Million
Aurora Cannabis Inc. (TSX: ACB) (OTCQB: ACBFF) (Frankfurt: 21P; WKN: A1C4WM) and Choom Holdings Inc. (CSE: CHOO; OTCQB: CHOOF) an emerging adult use cannabis company that has secured one of the largest retail networks in Canada, are pleased to announce that the companies have completed a non-brokered private placement of a debenture in the principal amount of $20,000,000 in Choom by Aurora, convertible into common shares of Choom at a conversion price of $1.25 per Common Share, with a four year maturity date. Aurora has also secured the right to acquire up to 40% of the Company at $2.75 per Common Share.
MedMen Expands Its Presence in Arizona
MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF) (FSE: A2JM6N) announced today that it has signed a definitive agreement to acquire control of Kannaboost Technology Inc. and CSI Solutions LLC, collectively referred to as “Level Up,” in a cash and stock transaction valued at $33,000,000
Auxly Buys 80% of CBD Producer in Uruguay for US$15 Million
Auxly Cannabis Group Inc. (TSX.V: XLY) (OTCQX: CBWTF) is pleased to announce that, further to the binding interim agreement announced on January 30th, 2018, the Company has received approval from the Secretaría Nacional para la Lucha contra el Lavado de Activos y el Financiamiento del Terrorismo, the government body overseeing foreign direct investments in Uruguay, for the Company’s acquisition of 80% of the issued and outstanding common shares of Inverell S.A
CannTrust announces appointment of a new Director
CannTrust Holdings Inc. |TSX: TRST), a licensed producer of cannabis, is pleased to announce the appointment of John T. Kaden as a Director of the Company.
WeedMD Signs Multi-year Retail Sales Distribution Deal with Lifford Cannabis Solutions
WeedMD Inc. (TSX-V:WMD) (OTCQX:WDDMF) (FSE:4WE), a federally-licensed producer and distributor of medical-grade cannabis, is pleased to announce it has signed a multi-year retail sales distribution agreement with Lifford Cannabis Solutions, led by long-time cannabis advocate, influencer and media personality Lisa Campbell, to represent WeedMD’s premium cannabis brands and products for the adult-use retail market in British Columbia and Alberta.
Wayland Group Announces Closing of Previously Announced Bought Deal Financing Raising Gross Proceeds of $50 Million
Wayland Group (CSE:WAYL) (FRANKFURT: 75M) (OTCQB:MRRCF) announced today that it has closed its previously announced bought deal financing of units at a price of $1.65 per Unit for aggregate gross proceeds of $50,077,500.
Aphria to commence trading on the NYSE on November 2
Aphria Inc. (TSX: APH) and (US OTC: APHQF) announced today that its common shares have been approved for listing on the New York Stock Exchange ("NYSE") and will commence trading effective the open of markets on November 2, 2018.
National Access Cannabis Corp. Closes Financing with Four of Canada's Leading Licensed Producers
National Access Cannabis Corp. (TSXV: META), today announced it has closed the announced $20 Million Investment with Aphria, CannTrust, Vivo and Zenabis
Inner Spirit Holdings Receives Licenses to Sell Recreational Cannabis in Alberta & Saskatchewan and Acquires Additional Corporate Location
Inner Spirit Holdings Ltd. (CSE: ISH) is pleased to announce that the Alberta Gaming and Liquor Commission ("AGLC") has granted final licenses to operate recreational cannabis dispensaries to three Spiritleaf franchise locations in Brooks, Lethbridge and St. Albert, Alberta. In addition, Spiritleaf's Moosejaw, Saskatchewan location has also received its license from the Saskatchewan Liquor and Gaming Association ("SGLA").
HelloMD expands white-label telehealth services for Licensed Producers and Clinics to better serve the medical cannabis market
HelloMD, a leading online cannabis telehealth company, today announces expansion of its white-label services for Licensed Producers and brick-and-mortar clinics, to better serve the Canadian medical cannabis market.