by Nick Thomas | Sep 17, 2019 | News
Cresco Labs, the Chicago-based multistate marijuana operator, said its acquisition of Canada’s Origin House, a major MJ distributor in California, is significantly closer to completion following further compliance with antitrust requirements. The two companies...
by Nick Thomas | Sep 16, 2019 | News
Chicago-based Cresco Labs said it is buying Tryke, a vertically integrated private cannabis company active in Nevada and Arizona, for $282.5 million. Here are the basics around the announcement: The $282.5 million price tag is made up of $55 million in cash and the...
by Nick Thomas | Sep 13, 2019 | News
A subsidiary of multinational pharmaceutical giant Teva Pharmaceuticals signed a deal with Israeli medical marijuana company Canndoc to distribute its products to pharma customers that include pharmacies and hospitals. While the deal is not exclusively for products in...
by Nick Thomas | Sep 11, 2019 | News
Denver-based Medicine Man Technologies continues its recent acquisition tear, announcing on Wednesday it is paying $31 million in stock and cash for Strawberry Fields, a cannabis operator based in Colorado Springs, Colorado. Strawberry Fields, which has worked with...
by Nick Thomas | Sep 4, 2019 | News
Toronto-based TruTrace Technologies, which registers and tracks intellectual property in the marijuana industry, has formed an alliance with consulting giant Deloitte to ensure product safety and efficiency. TruTrace will use its StrainSecure system through the...