Month: November 2020 (Page 22)

Adult-use cannabis retailer Fire & Flower Holdings has entered into a definitive agreement to buy rival store operator Friendly Stranger Holdings. The deal, if approved, would see Toronto-based Fire & Flower issue approximately 31.1 million shares to Friendly Stranger shareholders, valuing the proposed transaction at about 24.6 million Canadian dollarsContinue Reading

The Oglala Sioux tribe voted to implement laws and regulations for tribal members to develop legal cannabis businesses on the Pine Ridge Reservation in South Dakota. According to NORML, the tribal council passed a law on an 11-8 vote that will allow tribal members to sell and grow cannabis andContinue Reading

Harvest Health & Recreation said Monday it is acquiring three vertical medical marijuana licenses in Arizona as part of a settlement with Devine Hunter, boosting the multistate operator’s market-leading dispensary total from 15 to 18. The settlement resolves litigation filed by Arizona-based Harvest in March to compel Devine to closeContinue Reading

When Aurora Cannabis acquired greenhouse design firm Larssen in late 2017, it was a shot across the bow of rival Canadian marijuana producers. In short, the Alberta-based producer was signaling to the industry it intended to win the “funded capacity” race at any cost – even if that meant buyingContinue Reading

Would-be entrepreneurs might be eyeballing the marijuana industry in markets poised to launch based on results of the No. 3 election. But what entry points provide the best return on investment? Here’s how to get the best ROI in potential new cannabis markets is a post from: Marijuana Business Daily:Continue Reading