CannaBNN News for Wednesday, August 10, 2022: Lantern Launches Social Equity Incubator, Curaleaf Acquires Four 20 Pharma and More!

Lantern has launched the New York Cannabis Project, a multi-faceted social equity incubator program. The program provides resources, training and education to entrepreneurs entering the cannabis industry in newly legal markets.  The New York Cannabis Project has already worked with Bronx community organizations to support The Bronx Cannabis Hub. “For far too long, the criminalization […]

CannaBNN News for Friday, July 29: Halo Nixes Phytocann Purchase, WEED Inc Acquires Hempirical Genetics and More

Halo Collective Inc has announced they will not be pursuing the acquisition of PhytoCann Holdings SA citing market conditions. “I have worked in the legal U.S. cannabis industry for nearly a decade and frankly have never seen market conditions as challenging as what we are experiencing today. In conjunction with the Board of Directors, I […]

CannaBNN News for Wednesday, July 20, 2022: MediPharm and OneLife Botanicals Reach Deal, Delta 9 Trading Halted, New Dosing Device

OneLife Botanicals, one of Australia’s leading cannabis wellness and medical product companies, has struck a deal to buy MediPharm Labs Australia PTY Ltd for $6.2M. The acquisition will expedite OneLife Botanicals commercialization efforts. “This sale represents a major milestone for MediPharm Labs as it continues to focus on rightsizing the business to achieve profitability. As […]

CannaBNN Headlines for Friday, July 8, 2022: High Tide and Choom Expansion, Spain Strides toward Medical Access

Consolidation of the legal cannabis industry is continuing. High Tide Inc. is acquiring nine of Choom Holding Inc.’s brick and mortar stores across Canada. “I am thrilled to be announcing this deal today, which represents the third public company whose assets we have integrated into the High Tide portfolio since November 2020, following the acquisitions […]

CannaBNN Headlines for Wednesday, June 29, 2022: Acquisition Spree Continues as Sundial Buys Zenabis, Promotions Heat Up as CLIKBO and Choclair Team Up

Sundial Growers Inc has entered into a purchase agreement with Zenabis Global Inc pending approval from the Quebec Superior Court. Assets covered by the agreement include the Atholville, New Brunswick growing facility and the Stellarton, Nova Scotia facility. “We are committed to creating continuity for the Zenabis Group’s operations and employees and assisting Zenabis in […]