While Canadian cannabis producers are preparing for the country’s roll out of recreational cannabis, they are also preparing for a potential shift in the market’s landscape.
Tag Archives: M&A
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.
A recent Arizona medical marijuana merger has enabled a national marijuana company to become the largest operator in the Grand Canyon State. On July 11, 2017, Harvest merged with Modern Flower, a local cultivator, making Harvest the greatest license-holder for medical cannabis dispensaries and cultivation facilities in the state.
Some analysts predict the legalized pot industry to be a $5 billion market in Canada alone. Thus, it is clear that a new and lucrative market is burgeoning.
NEW YORK, June 24, 2015 /Weed Wire/ — Viridian Capital Advisors has published its Q1’2015 Cannabis Stock Index, labeled by Barron’s as the benchmark index for the Cannabis industry.
On June 24, 2015, it was announced that two of the biggest brands in the burgeoning Canadian cannabis market are about be under one roof. Tweed Marijuana Inc. (TSXV: TWD) has agreed to acquire all the outstanding shares of Bedrocan Canada (TSXV: BED).