American Cannabis News

Cresco to Acquire Pennsylvania Operator Laurel Harvest for $80 Million

Cresco Labs to Expand Leadership in Pennsylvania Through Acquisition of Vertically Integrated Operator, Laurel Harvest CHICAGO, October 14, 2021–(BUSINESS WIRE)–Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco Labs” or “the Company”), a vertically...
- October 14th, 2021 at 8:00 am

Cannabis Technology Company Flowhub Raises $19 Million

Flowhub Announces $19 Million Strategic Funding Led by Headline, Poseidon and Shawn “Jay-Z” Carter New Fundraise Brings the Cannatech Company’s Valuation to Over $200M DENVER, Oct. 12, 2021 /CNW/...
- October 12th, 2021 at 10:09 am

Curaleaf Closes $67 Million Acquisition of Colorado Outdoor Cultivator

Curaleaf Completes Acquisition of Los Sueños Expands Colorado Outdoor Cultivation Capacity with 66 acres in 2nd Largest U.S. Cannabis Market Acquisition Completes Curaleaf’s Vertical Integration and Bolsters State’s Biomass Production WAKEFIELD,...
- October 4th, 2021 at 8:57 am

AYR Wellness Closes $80 Million Pennsylvania Acquisition

Ayr Wellness Closes Acquisitions of PA Natural Medicine, LLC; Provides Update on Warrant Acceleration Adds Three Dispensaries to Ayr’s PA Footprint MIAMI, Oct. 04, 2021 (GLOBE NEWSWIRE) — Ayr...
- October 4th, 2021 at 8:44 am

Global Cannabis Stock Index Declines 21% in Q3

The Global Cannabis Stock Index fell for the seventh consecutive month, declining 12.6% to 45.02: The index, which was down 21.2% in Q3, had 44 qualifying members during the month following the...
- October 1st, 2021 at 10:57 am

Ancillary Cannabis Stocks Drop 10% in September

Following up on our discussion earlier this year about how cannabis investors have embraced publicly traded ancillary companies, New Cannabis Ventures launched its seventh proprietary index, the Ancillary Cannabis Index, at the...
- October 1st, 2021 at 8:14 am

Trulieve Completes Harvest Health & Recreation Acquisition

Trulieve Completes Acquisition of Harvest Health & Recreation Inc. Creating the Largest and Most Profitable U.S. Cannabis Operator Combined Company Platform Poised for Accelerated Growth Industry Leading Footprint in...
- October 1st, 2021 at 7:07 am

Cresco Labs to Move Away From Third-Party Distribution in California

Cresco Labs Shifts to Owned-Brand Distribution in California to Increase Profitability, Reduces Third Party Distribution CHICAGO, September 30, 2021–(BUSINESS WIRE)– Cresco Labs Inc. (CSE:CL) (OTCQX:CRLBF) (“Cresco Labs” or “the...
- September 30th, 2021 at 6:30 pm