CORRECTED: Harvest Health Appoints COO, Announces Potential US$156 Million Acquisition of Interurban Capital
Harvest Health & Recreation (CSE: HARV) has been busy as of late. This morning, the firm appointed Ron Goodson, former COO and President of Verano Holdings as its Chief Operating Officer, signalling that the acquisition of Verano is nearly closed. Additionally, the firm announced that it is in deep discussions to acquire Interurban Capital Group, […]
FSD Pharma Commences Nasdaq Trading January 9, 2020
Much to the disbelief of many, it has finally happened. FSD Pharma (CSE: HUGE) (NASDAQ: HUGE) has announced this morning that its subordinate voting shares will begin trading on the Nasdaq this week, with trading commencing January 9, 2020. The listing follows the preliminary approval announced by the firm on December 16, 2019. Subordinate voting […]
Canopy Growth Announces Five New Ontario Retail Locations
Canopy Growth Corp (TSX: WEED) (NYSE: CGC) is increasing its focus on retail operations across the country as provincial markets open up. This morning the firm announced that it has secured five additional locations within Ontario that will be operated under the Tokyo Smoke banner. The retailers, due to provincial regulations, will be operated by […]
Dhaliwal Departs Supreme Cannabis, Moore Named as Interim CEO
The Supreme Cannabis Company (TSX: FIRE) appears to have a slight leadership problem. Following the sudden departure of John Fowler late last year, current CEO Navdeep Dhaliwal has now left his role effective immediately. It is unclear if Dhaliwal was forced out of the company, or if his sudden departure was his own doing. In […]
Aurora Cannabis Lists MedReleaf’s Exeter, Ontario Facility For Sale
Aurora Cannabis (TSX: ACB) (NYSE: ACB) is looking to offload some its greenhouse properties. The cash strapped cannabis giant has formerly listed a former Medreleaf greenhouse facility located in Exeter, Ontario for sale for a dollar under $17 million. The news follows the previous announcement that the company will be delaying the roll out of […]
MYM Nutraceuticals Nears Shell Status
MYM Nutraceuticals (CSE: MYM) released a corporate update earlier this week, identifying that the company has nearly become a listed shell. The once aspiring cannabis entity has now terminated all non-essential staff, including its chief legal and scientific officers. The firm has also walked away from a number of previously entered projects that had promised […]
Core Gold Refuses to Make Recommendation on Titan Minerals Takeover Bid
Core Gold Inc. (TSXV: CGLD), a mining and exploration company based in Canada, has announced that its Board of Directors will not be making a recommendation to its shareholders regarding the amended unsolicited Titan Offer from December 17, 2019. Previously in July 2019, Core Gold redefined its strategic process and had asked various parties to […]
Invictus MD Loses $5.7 Million Proposed Convertible Financing
Invictus MD Strategies Corp (TSXV: GENE) quietly released this morning that its previously announced binding letter of intent with Unified Cannabis Corp has been terminated. The agreement was announced on December 16, and was to consist of a convertible financing to enable Invictus to continue with its expansion plans. The financing, when originally announced, was […]
Torque Esports Completes Acquisition of UMG Media
Torque Esports Corp (TSXV: GAME) has announced that it has completed the previously announced plan of arrangement with UMG Media Ltd (TSXV: ESPT) as of December 31, 2019. The company takeover involves Torque obtaining all of UMG’s outstanding and issued common shares, with an exchange ratio of one UMG share for 0.0643205 of a Torque […]
Agraflora Closes Acquisition of German Cannabis Distributor Farmako
Agraflora Organics (CSE: AGRA) has closed its previously announced acquisition of Farmako GmbH, which was originally announced in late October. The acquisition, completed in an all-stock transaction, will see Agraflora finally obtain a source of revenue as it awaits Health Canada licensing for its Canadian operations. The acquisition of Farmako now supplies Agraflora will multiple […]