TerrAscend Closes C$224 Million Capital Raise

TerrAscend Announces Closing of Oversubscribed Non-Brokered Private Placement Gross Proceeds of C$224 Million, 80% coming from four large U.S. Institutional investors Announces Departure of Co-Founder and former CEO Dr....
- January 28th, 2021 at 5:03 pm

Agrify Raises $54 Million in NASDAQ IPO

BURLINGTON, Mass., Jan. 27, 2021 (GLOBE NEWSWIRE) — Agrify Corporation (NasdaqCM:AGFY) (“Agrify” or the “Company”), a developer of highly advanced and proprietary precision hardware and software grow solutions for...
- January 28th, 2021 at 1:59 pm

Israeli Cannabis Company Canndoc to Go Public via SPAC

  Subversive Announces Qualifying Transaction with InterCure, Israel’s Leading and Fastest-Growing Cannabis Company Combined Company will be led by Chairman and Former Prime Minister of Israel Ehud Barak and...
- January 26th, 2021 at 9:13 am

Supreme Cannabis to Raise C$20 Million Selling Units at C$0.19

Supreme Cannabis Announces Overnight Marketed Public Offering TORONTO, Jan. 25, 2021 (GLOBE NEWSWIRE) — The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or “Company”) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1)...
- January 25th, 2021 at 4:37 pm

Valens to Buy Edibles Manufacturer LYF for C$24.9 Million

The Valens Company Expands Cannabis 2.0 & 3.0 Footprint with the Acquisition of Leading Canadian Edibles Manufacturer LYF Food Technologies Inc. Combined industry experience, existing and deep supply chain...
- January 25th, 2021 at 7:38 am

Harvest Taps REIT for $34.6 Million Sale-Leaseback

Harvest Health & Recreation Inc. Announces Sale Leaseback Transaction with Innovative Industrial Properties PHOENIX, Jan. 25, 2021 /PRNewswire/ — Harvest Health & Recreation Inc. (“Harvest”) (CSE: HARV, OTCQX: HRVSF),...
- January 25th, 2021 at 7:23 am

Cannabis Sales Suddenly Slow

You’re reading a copy of this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. The newsletter includes unique insight to...
- January 24th, 2021 at 10:55 am

Former Cresco Labs and GTI Execs File $100 Million SPAC IPO

Choice Consolidation Corp. Files Preliminary Prospectus for U.S.$100,000,000 Initial Public Offering SPAC to be led by a management team with significant cannabis industry M&A and operational experience TORONTO, Jan....
- January 22nd, 2021 at 12:57 pm

Zenabis Taps Private Lender for $60 Million Debt Facility

Zenabis Announces $60m Committed Revolving Credit Facility to Refinance Senior Debt held by Sundial Growers VANCOUVER, BC, Jan. 22, 2021 /CNW/ – Zenabis Global Inc. (TSX:ZENA) (“Zenabis” or the “Company”) is pleased to announce...
- January 22nd, 2021 at 8:15 am

Aurora Cannabis Raises $125 Million at $10.45

Aurora Cannabis Inc. Announces US$125 Million Bought Deal Financing EDMONTON, Alberta, Jan. 21, 2021 (GLOBE NEWSWIRE) — Aurora Cannabis Inc. (“Aurora” or the “Company”) has announced today that it...
- January 21st, 2021 at 4:36 pm

Verano Holdings Raises $100 Million Ahead of Going Public

Verano Holdings, LLC Announces Completion of Subscription Receipt Financing CHICAGO, Jan. 21, 2021 (GLOBE NEWSWIRE) — Verano Holdings, LLC (“Verano” or the “Company”), a leading multi-state cannabis operator, today...
- January 21st, 2021 at 9:15 am