MedMen Terminates PharmaCann Acquisition Deal
Wed / Oct 9th
The acquisition deal between MedMen and PharmaCann has been called off; the companies announced the deal’s termination as “mutual.”
Read the latest news about marijuana stocks and publicly-traded companies in the medical cannabis, industrial hemp, and CBD markets. Find a full list of cannabis stocks on our stocks page.
Wed / Oct 9th
The acquisition deal between MedMen and PharmaCann has been called off; the companies announced the deal’s termination as “mutual.”
Tue / Oct 8th
A class-action lawsuit against Sundial Growers Inc. in Canada claims the company’s U.S. stock prices were affected by an unreported incident where $1.9 million worth of cannabis was returned to the company due to poor quality.
Wed / Sep 18th
The first U.S. patent for a specific hemp cultivar has been awarded to Charlotte’s Web Holdings, creator of the renowned CBD-rich strain of the same name.
Tue / Aug 20th
Aurora Cannabis has announced a new brand — Aurora Hemp — after acquiring industrial hemp company Hempco Food and Fiber Inc.
Tue / Aug 13th
Following a failed Health Canada inspection, cannabis producer CannTrust has received a non-compliant rating and must now propose a remediation plan to regulators.
Mon / Aug 12th
Canopy Growth has inked a deal to acquire two research firms, pending regulatory approval.
Mon / Aug 12th
The auditor for CannTrust Holdings has withdrawn its audits for 2018 and Q1 2019 after Health Canada orders the company to hold 5000 kg of inventory.
Fri / Jul 26th
Details have emerged about the CBD trials partnership between the Ultimate Fighting Championship and Canada’s Aurora Cannabis; the trials will investigate CBD’s effectiveness in wound care, recovery, pain treatment, and more.
Thu / Jul 18th
Aurora Cannabis Inc. has secured an exclusive license to provide Italian pharmacies with medical cannabis products.
Thu / Jul 18th
Curaleaf Holdings Inc. will acquire GR Companies Inc. in an $875 million cash and stock deal; the sale will create the largest cannabis company in the world by revenue, the company announced.
Fri / Jul 5th
Canopy Growth’s long-time CEO Bruce Linton is officially out after the Canadian company saw significant losses this year. Linton says the decision stemmed from company directors that were installed by Constellation Brands, an alcohol distributor with 38 percent ownership of the company.
Tue / Jun 18th
Cannabis track-and-trace compliance software company MJ Freeway has rebranded as Akerna following a merger with MTech Acquisition Corp.; the new company begins trading on the NASDAQ today.
Tue / Jun 11th
Harborside Inc. officially started trading on the Canadian Securities Exchange on Monday, marking the company’s successful transition into a public equity firm.
Fri / Apr 19th
Canadian LP Canopy Growth has agreed to purchase the multi-state cannabis operator Acreage Holdings for a whopping $3.4 billion — but not until cannabis is federally legalized in the U.S.
Mon / Apr 15th
The former Vermont governor was against all forms of legalization during his time as governor from 1991-2003 but says he has since changed his position.
Tue / Apr 2nd
The deal, which is expected to be finalized in June, would give Origin House shareholders 0.8428 of Cresco stock for each share held.
Thu / Mar 28th
The agreement will establish a new company, Houseplant, which plans to offer three strains – Houseplant Sativa, Houseplant Hybrid, and Houseplant Indica – over the coming months.
Fri / Mar 22nd
The Canadian cannabis exchange-traded fund Horizons Life Sciences Index ETF could start adding U.S. firms to its roster of publicly traded cannabis companies.
Thu / Mar 21st
In the first public cannabis listing of 2019, Vireo has listed on the Canadian Securities Exchange in Toronto under the ticker symbol “VREO.”
Thu / Mar 14th
Harvest Health and Recreation announced it is acquiring Verano Holdings in the largest U.S. cannabis acquisition to date at $850 million.
Wed / Mar 6th
A Colorado bill that would allow for publicly-traded cannabis companies and lower the bar for passive ownership of those companies has cleared its first legislative hurdle and seems likely to become law.
Mon / Mar 4th
Martha Stewart and Canopy Growth are teaming up to develop CBD products, starting with pet remedies, thanks to a referral from Snoop Dogg’s talent agency.
Thu / Feb 21st
Tilray has acquired hemp company Manitoba Harvest in a bid to enter the U.S. market with CBD-only products.
Fri / Feb 1st
Earnings-per-share projections for Canadian cannabis companies in the 2020 fiscal year have fallen significantly in the last 90 days. It’s unclear exactly why.
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