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.
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.
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.
The CBD market made headlines recently when food and beverage industry giants announced they were either exploring the idea of releasing CBD-infused products, or actually intending to release CBD-infused beverages in the near future. Companies like The Alkaline Water Co. (TSX & OTC: WTER) are set to capitalize.
Marking a major milestone in cannabis history, Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) has completed a legal transfer of cannabis products to a research partner in the United States.
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.
Choom™ (CSE: CHOO) (OTCQB: CHOOF) an emerging, fully-integrated cannabis company, today announced that it has been included in the Horizons Marijuana Life Sciences ETF (TSX: HMMJ) managed by Horizons ETFs Management (Canada) Inc. as part of its quarterly rebalancing.
Choom™ (CSE: CHOO) (OTCQB: CHOOF) an emerging, fully-integrated cannabis company, is pleased to announce that it has been added to the Canadian Securities Exchange’s CSE 25 Index, which became effective at the market close on Friday, September 21, 2018.
Choom has secured the rights to an additional 5 retail locations in Alberta and 7 in B.C. These new retail opportunities bring Choom’s total retail potential up to 52 locations across western Canada. Choom’s rapidly expanding provincial presence now stands at 29 leases in highly strategic and secure locations in Alberta with 28 applications submitted, in combination with 17 retail opportunities in B.C.
Choom™ (CSE: CHOO; OTCQB: CHOOF), an emerging fully-integrated cannabis company, is pleased to announce the appointment of Aussie Jiwani to the Management team as Director of Sales.
Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) was formed with the sole intent of creating a recreational brand for Canada, and recent developments including a strategic investment by Aurora Cannabis Inc.(TSX: ACB) (OTCQB: ACBFF) (FRA: 21P) show that the company is on track to make a splash this fall.