Category: Cannabis
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Cannabis fight heats up in Arizona – who’s gonna benefit?
HARV’s Arizona revenues would likely get turbo-charged when/if the state flips to legal recreational cannabis.
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Heritage Cannabis (CANN.C) acquires Opticann – to create an international medical footprint
Sharples’ plan is to leverage Opticann’s international relationships to build “an international medical product sales footprint”.
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Revive Therapeutics (RVV.C) blasts off, up 68% after FDA Phase 3 COVID-19 approval
Formerly dismissed-by-many pharmaceutical company Revive Therapeutics (RVV.C) jumped a whopping 68% Friday upon revealing it has been granted approval to move forward with phase 3 clinical trials on the use of its Bucillamine medication as a potential treatment for patients with mild to moderate COVID-19. The U.S. Food and Drug Administration (FDA) has approved Revive…
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How World Class Extractions (PUMP.C) killed a $25m bailout for HydRx & took their $50m facility for $5m
A few days ago, World Class Extractions (PUMP.C) announced they’d done a deal with a ‘leading licensed producer’ (that we figured out is Aphria – APHA.T) to take over HydRx Farms’ $11.5 million debenture for $5 million. That deal brought WCE the potential to (should the debt not be paid, and it won’t be) take…
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World Class Extraction (PUMP) takes over $11.5 million HydRx debenture at 43% discount
In one of the most unlikely deals we’ve seen in some time, World Class Extractions (PUMP.C) boss Rosy Mondin has announced Cobra Ventures, a 50% owned subsidiary, has purchased an $11.5 million debenture with HydRx Farms from a ‘leading Canadian licensed producer’ – for $5 million. The deal shifts HydRx’s debt over to PUMP, which…
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The middlemen: Isracann (IPOT.C) and IM Cannabis (IMCC.C) set to capitalize on global weed need
Talking to Isracann (IPOT.C) COO Matt Chatterton Monday afternoon I asked a question I ask pretty much everyone in the cannabis world right now: Considering how the landscape has changed, how the market has evolved, how regulators have tweaked and pivoted rules, and how consumers have developed their preferences… “if you were starting your company…
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Tinley Beverage (TNY.C) bottling facility now licensed for cannabis
The global cannabis beverages market size is expected to reach USD $2.8 billion by 2025, expanding at a CAGR of 17.8% according to a report by Grand View Research.
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![iAnthus (IAN.C) shareholders all but wiped out by Gotham Green Partners in recapitalization deal]()
iAnthus (IAN.C) shareholders all but wiped out by Gotham Green Partners in recapitalization deal
For a large part of its early days, one of the main selling points of US multi state cannabis store operator iAnthus (IAN.C) was that it was seemingly run by adults. Unlike their colleagues at MedMen (MMEN.C), which revealed itself as a self-dealing executive wealth generator from day one, iAnthus painted a picture of experience,…
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![Choom Holdings (CHOO.C) snared in forgery scandal as location appeal reportedly contained fake support letters]()
Choom Holdings (CHOO.C) snared in forgery scandal as location appeal reportedly contained fake support letters
National cannabis retail chain Choom Holdings (CHOO.C) was embarrassed Monday after details of its 27-page appeal to the Vancouver Board of Variance asking that body to overturn a rejected dispensary location were revealed to be forgeries by the Vancouver Sun newspaper. When Postmedia News contacted the businesses whose names and logos appear on letters supporting…
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![World Class Extractions (PUMP.C) partners with Canopy’s (WEED.T) medical division]()
World Class Extractions (PUMP.C) partners with Canopy’s (WEED.T) medical division
“Spectrum Therapeutics’ medical patients can have confidence that their legal cannabis purchases will arrive at their door in a safe and timely fashion,” stated Rosy Mondin, CEO of World-Class
