Wayland Group Announces $50 million Bought Deal Financing

Wayland Group (CSE:WAYL) (FRANKFURT: 75M) (OTCQB:MRRCF) announced today that it has entered into an agreement with a syndicate of underwriters led by Canaccord Genuity Corp. pursuant to which the Underwriters will purchase, on a bought deal basis pursuant to the filing of a short form prospectus, an aggregate of 30,350,000 units of the Company at a price of $1.65 per Unit for aggregate gross proceeds of $50,077,500.

MedMen Doubles Market Reach with Acquisition of PharmaCann

MedMen Enterprises Inc. (CSE: MMEN) (OTCQB: MMNFF) (FSE: A2JM6N) and Chicago-based PharmaCann LLC announced today that both companies have signed a binding letter of intent for MedMen to acquire PharmaCann in an all-stock transaction valued at $682 million.

Empower Clinics (OTC: EPWCF; CSE: EPW; FRA 8EC) to Launch CBD Medical Cannabis Products under “Sollievo” Brand throughout North America

Empower Clinics Inc. (OTC: EPWCF; CSE: EPW; FRA 8EC), a leading owner and operator of medical cannabis and wellness clinics in the US, today announced a comprehensive agreement with Titration Technologies, LLC, an innovator in cannabis product development, to manufacture, package, and fulfill Empower’s “Sollievo” CBD medical cannabis products throughout North America.

Aleafia to Launch Industry First 60,000 kg Secure Outdoor Grow Expansion

Aleafia Health Inc. (TSXV: ALEF; OTCQX: ALEAF, FRA: ARAH), is announcing that it will move forward with an industry first secure, low-cost outdoor cannabis grow. The company has now obtained local regulatory approval for a 60,000 kg capacity expansion at its Port Perry cultivation facility.

This New Cannabis Craze Has Made Early Investors Rich

Investors in companies like New Age Beverages (NASDAQ: NBEV) and India Globalization Capital (NYSEMKT: IGC) have seen their shares soar -- and even more gains could lie ahead for those seeking to develop and sell drinks infused with cannabidiol (CBD).