Canadian marijuana producer Aurora Cannabis Inc (ACB.TO) is in talks with rivals CanniMed Therapeutics Inc (CMED.TO) and Newstrike Resources Ltd (HIP.V) to buy both businesses in a friendly deal that would create the nation’s top weed company, people familiar with the matter told Reuters on Friday.
Tag Archives: Acquisition
Aurora Cannabis Opposes CanniMed’s Bid for Newstrike Resources
Medical marijuana company Aurora Cannabis Inc said on Monday its acquisition-target CanniMed Therapeutics Inc’s plan to buy smaller rival Newstrike Resources Ltd was a “terrible deal” for CanniMed shareholders.
Future Farm Closes on 120-Acre Licensed Industrial Hemp Farm and Projects Over $10 Million in Revenue
VANCOUVER, British Columbia, Nov. 29, 2017 /Weed Wire/ — Future Farm Technologies Inc. (the “Company” or “Future Farm”) (CSE: FFT) (OTCQB: FFRMF) is pleased to announce that it has closed on the previously announced acquisition of a 120-acre industrial hemp farm in Amity, ME.
Cal Can Biz Expo Interview: MJIC and Speedweed’s A.J. Gentile
In this Cal Can Biz Expo interview, watch Kristen Fox, Editor-in-Chief of MJINews.com and Marijuana Industry News magazine, interview A.J. Gentile, CEO of Speedweed.
Why the Creso Pharma Ltd Share Price Climbed 5% Higher Today
The Creso Pharma Ltd (ASX: CPH) share price has been amongst the biggest movers on the market this morning. This morning the company revealed that it plans to expand into the Canadian market.
High Hopes: Merger Intends to Make High Times Publicly Traded Company
On July 27, 2017, Hightimes Holding Corp., the company behind High Times magazine, announced a merger agreement with Origo Acquisition Corporation (NASDAQ:OACQ), a special purpose acquisition company, as a means of making High Times a publicly traded company.
SEC Charges Hemp Oil Company and CEO with Fraud
WASHINGTON, June 16, 2017 /Weed Wire/ — The Securities and Exchange Commission filed fraud charges against a Las Vegas-based hemp oil company and its CEO for inflating the company’s assets on its balance sheet.
New York Cannabis Company Valley Agriceuticals Sold for $17 Million
Multi-state cannabis company iAnthus Capital Management has now planted its flag in New York with Monday’s announced acquisition of Valley Agriceuticals.
High Times Acquisition: Company Valued at $70 Million
On June 1, 2017, High Times announced that controlling interest in the company had been acquired by 20 investors, a group comprised of cannabis industry members, entrepreneurs and entertainment veterans. Oreva Capital, a Los Angeles-based investment firm, led the High Times acquisition, valuing the company at $70 million. The company will now operate as High Times Holding Company.
Better Know a Marijuana Stock: Canopy Growth Corp.
A major Canadian medical marijuana player, Canopy Growth is a producer and retailer of medical cannabis products and oils in our neighbor to the north. It’s also the only other marijuana stock other than GW Pharmaceuticals to bear a $1 billion valuation.
World of Cannabis Interview: CannaMergers’ Kevin Sutherland
In this World of Cannabis Interview, watch Caroline Cahill, Managing Editor of MJINews.com and Marijuana Industry News magazine, interview Kevin Sutherland, CEO of Canna Mergers.
MJIC, Inc. Acquires Rolling Paper Depot
LOS ANGELES, March 23, 2017 /Weed Wire/ — MJIC, Inc., a leader in the California legal cannabis industry, has today announced the completion of its acquisition of Rolling Paper Depot, LLC and CM Sales, LLC (collectively, “RPD”).
Crown Baus Capital Corp. Acquires 100-Acre Investment Participation in Cannabis Science’s California and Nevada Property and Drug Development Projects
BEVERLY HILLS, Calif., Feb. 17, 2017 /Weed Wire/ — Crown Baus Capital Corp. (OTC PINK: CBCA) announces the Company acquires 100-acre investment participation in the Cannabis Science, Inc. (OTC PINK: CBIS) Property and Drug Development Projects spread across California and Nevada.
The Canadian Bioceutical Corporation to List on the CSE and Delist from the TSXV
TORONTO, Ontario, Jan. 23, 2017 /Weed Wire/ — The Canadian Bioceutical Corporation (“BCC” or the “Company”) (TSX VENTURE: BCC.V; OTC PINK: CBICF) today announces that it has received conditional approval to list its common shares on the Canadian Stock Exchange (“CSE”), and intends to voluntarily delist its common shares from the TSX Venture Exchange (the “TSXV”).
MedMen Acquires One of New York’s Struggling Marijuana Providers
On Jan. 9, 2017, MedMen, a turnkey marijuana management company based in California, acquired Bloomfield Industries, one of New York’s five organizations licensed to grow and distribute medical marijuana
Retired Police Officer Leads California Cannabis AP Investment Fund
LONG BEACH, Calif., Nov. 16, 2016 /Weed Wire/ — The Managing Members of AP Investment Fund LLC (“AP” or “the Fund”) announced today the $12.6 million fund’s successful closing.
Exclusive: GW Pharmaceuticals Hires Investment Bank Following Approaches – Sources
GW Pharmaceuticals Plc (Nasdaq:GWPH), a developer of marijuana-based epilepsy treatments, is working with an investment bank after other drugmakers approached it to express interest in an acquisition, people familiar with the matter said.
Aurora Cannabis to Acquire CanvasRx, Closes $23 Million Financing, Monthly Gross Revenue Surpasses $1 Million – Video Available on Investmentpitch.com
VANCOUVER, Aug. 12, 2016 /Weed Wire/ — Aurora Cannabis (CSE: ACB) (OTCQB: ACBFF) (FSE: 21P), has entered into a definitive agreement to acquire CanvasRx Inc. from CanvasRx Holdings Inc.
Aurora Announces Terms and Increase of Brokered Private Placement to $18 Million
VANCOUVER, British Columbia, July 18, 2016 /Weed Wire/ — Aurora Cannabis Inc. (CSE: ACB) (OTCQB: ACBFF) is pleased to announce, further to its news release dated June 8, 2016, the pricing terms, and an increase in the size of its best efforts private placement offering of subscription receipts.
mCig Acquires VitaCig Business and $3.95M in MOQ Contracts
HENDERSON, June 27, 2016 /Weed Wire/ — mCig, Inc. (OTCQB: MCIG), a leading distributor of technology, products, and services in the Cannabis industry, recently filed an 8K announcing the acquisition of VitaCig, Inc. (OTC PINK: VTCQ) e-cig and CBD business.
GrowPros Announces the Acquisition of Laboratoires Holizen Inc. and a $600,000 Non-Brokered Private Placement
OTTAWA, Ontario, June 22, 2016 /Weed Wire/ — GrowPros Cannabis Ventures Inc. (“GrowPros” or the “Company”) (CSE:GCI) is pleased to announce the acquisition of the assets of Laboratoires Holizen Inc. (“Holizen”) for $450,000.
Freedom Leaf Launches Division to Pursue Mergers & Acquisitions in the Green Rush
LA VEGAS, June 22, 2016 /Weed Wire/ — Freedom Leaf, Inc., (OTC PINK: FRLF), a budding publishing & multimedia company in the rapidly growing medical/recreational Marijuana & Industrial Hemp industry, is adding an acquisition component to its fully reporting and audited public company.
Kush Bottles Wins “Acquisition of the Year” Award
SANTA ANA, Calif., Jan. 26, 2016 /Weed Wire/ — Kush Bottles, Inc. (OTCQB: KSHB), a premier supplier of packaging solutions and accessories for the legal cannabis industry, announced that it has been awarded “Acquisition of the Year” by Acquisition International Magazine (AI).
Pineapple Express, Inc. Provides Q1 2016 Shareholder Update Letter
LOS ANGELES, Jan. 21, 2016 /Weed Wire/ —PINEAPPLE EXPRESS, INC. (OTC Pink: PNPL) issued the following shareholder update letter from Matthew Feinstein, CEO and Chairman.
Signal Bay, Inc. 2015 Year in Review – Letter to Shareholders
LAS VEGAS, Jan. 6, 2016 /Weed Wire/ — Signal Bay Inc. (OTC:SGBY) a leading provider of cannabis consulting, operations, research and laboratory services is pleased to provide our shareholders a corporate update.
Pineapple Express Executes Letter of Intent to Acquire THC Industries Inc., Including the THC.com Website and the THC® Trademark
LOS ANGELES, Dec. 21, 2015 /Weed Wire/ — Pineapple Express, Inc. (OTCPink: PNPL) (the “Company”), a publicly traded company that offers cannabis industry consulting, technology, investments, turn-key property rentals, and branding concepts to businesses in the legal cannabis industry, announced today that it will acquire the business and assets of THC Industries, Inc. (“THC”).
Marijuana Company of America, Inc. Issues Company Update
BONSALL, Calif., Dec. 7, 2015 /Weed Wire/ — Under the direction of new management, Marijuana Company of America is moving in a new direction in the rapidly emerging global marijuana industry.
Canopy Growth Corporation Officially Acquires MedCannAccess
SMITHS FALLS, ON, Oct. 2, 2015 /CNW/ – Canopy Growth Corporation (TSXV: CGC) (the “Company”), parent company of licensed medical marijuana producers Tweed Inc. (“Tweed”), Tweed Farms Inc. (“Tweed Farms”) and Bedrocan Canada Inc. (“Bedrocan Canada”), is pleased to announce it has officially closed the previously announced acquisition of MedCannAccess (“MCA”) in an all-equity transaction.
Tweed Marijuana Inc. Completes Acquisition of Bedrocan Cannabis Corp., Releases Q1 Fiscal 2016 Financials
SMITHS FALLS, ON, Aug. 31, 2015 /CNW/ — Tweed Marijuana Inc. (TSXV: TWD) (“TMI” or “the Company”), parent company of licensed medical marijuana producers Tweed Inc. (Tweed) and Tweed Farms Inc. (Tweed Farms), is pleased to announce it has officially closed an all-stock transaction to fully acquire Bedrocan Cannabis Corp. (“Bedrocan”).
MJIC Media Acquires Pot-Stocks.com and Rebrands Website as Cannabis Trader
CHICAGO, JULY 28, 2015 /Weed Wire/ — MJIC Media LLC, a marijuana media conglomerate, today announced that it has acquired Pot-Stocks.com, an online source for cannabis investment education and stock information, and is rebranding the website as Cannabis Trader.
North American Cannabis Holdings Acquires Health Beverage Café With 10-Year Operating History As Flagship In Network Of 300 Licensed Brand Name Juice Bars
DALLAS, Texas, June 30, 2015 /PRNewswire/ — North American Cannabis Holdings, Inc. (OTC: USMJ) today announced a strategic acquisition that is the cornerstone of the Company’s recent ‘AmeriCanna Café’ launch.
North American Cannabis Holdings Announces Suit to Cancel 33 Million USMJ Common Shares
DALLAS, June 26, 2015 /PRNewswire/ — North American Cannabis Holdings, Inc. (USMJ) announced that the Company plans to file suit today to compel the cancellation of thirty-three (33) million shares of common stock.
Nevada Based Marijuana Testing Lab Company, MA & Associates, LLC Becomes a 100% Wholly-Owned Subsidiary Of Pazoo
WHIPPANY, N.J., June 24, 2015 /PRNewswire/ — Pazoo, Inc. (OTC Pinks: PZOO) (German WKN#: A1J3DK), is pleased to report that on Wednesday, June 3, 2015, Pazoo acquired the remaining 60% of MA & Associates, LLC in exchange for 900,000 shares of Pazoo’s Series C. Preferred stock. This now makes MA & Associates, LLC a 100% wholly-owned subsidiary of Pazoo.
Algae International Group Announces LOI to Acquire Nutritional Beverage Destination Company With Plan to Introduce Cannabis Beverage Café Franchise
DALLAS, May 20, 2015 /PRNewswire/ — Algae International Group, Inc. (OTC: ALGA), today announced a letter of intent (LOI) to acquire a leading nutritional beverage destination company with a ten year operating history. The anticipated acquisition is part of the Company’s plan to introduce and rapidly expand a cannabis beverage café franchise.
Consumers Becoming More Aware of Hemp’s Nutritional Benefits as Companies Race to Introduce Healthy, Cannabis Infused Beverages
CORAL SPRINGS, Florida, May 20, 2015 /PRNewswire/ — Hemp-based consumer products for the nutraceutical, pharmaceutical and supplement industries continue to evolve as more and more states nationwide soften on restrictions for Legal & Medical Marijuana industries.
Scotts Miracle-Gro Subsidiary Buys Santa Rosa-based General Hydroponics
A subsidiary of fertilizer giant Scotts Miracle-Gro announced a deal Thursday to acquire General Hydroponics, a homegrown Sonoma County company that has become a major international supplier of liquid nutrients used to grow food, flowers and indoor marijuana.
Monday is Back to Business
The day opened with concerns over Japan’s recession and a slump in small-caps led to fluctuation of stocks on the news. However, the S&P 500 worked its way to a marginal win to close at 2,041.
OSL Holdings Announces the Acquisition of Go Green Hydroponics
YARDLEY, Pa., Oct. 22, 2014 /PRNewswire/ — OSL Holdings, Inc., a socially conscious business model dedicated to consumer advocacy, social activism and the advancement of civil liberties through the power of commerce, announced today the acquisition of Go Green Hydroponics, Inc.
Home Treasure Finders Inc. Announces Closed Purchase Contract on Warehouse in Denver
Home Treasure Finders Inc., (OTCBB: HMTF) (OTCQB: HMTF) www.hometreasurefinders.com, a multi-division real estate sales, property management and leasing company, announces closing the purchase of an industrial warehouse in Denver, Colorado. The $850,000 dollar acquisition is subdividable and marks the company’s first commercial cannabis acquisition.
Clover Leaf Consulting Co offers medical marijuana business solutions, specializing in consulting, education and mergers and acquisitions.