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Tag Archive: cannabis

California Player Glass House Acquired By Canadian SPAC In $567 Million Deal

California cannabis retailer and grower Glass House is being acquired by Toronto-based SPAC company Mercer Park Brand Acquisition Corp (BRND) in a deal worth over a half-billion dollars. Continue reading →

Posted in News on April 13, 2021

Canopy To Purchase Canada’s Supreme Cannabis For $435 Million

Canopy Growth has made another key addition to its brand portfolio in Canada, agreeing to acquire Supreme Cannabis, known for its 7Acres label, in a $435 million deal. Continue reading →

Posted in News on April 13, 2021

Cannabis Briefs for April 13, 2021

•California-based Pamos Beverage Company has introduced a new line of non-alcoholic cannabis spirits. Continue reading →

Posted in News on April 13, 2021

Cannabis Beverage Sales Accelerate In The U.S.

Cannabis beverage sales reached more than $15 million in California in January, roughly doubling in size compared to the year-earlier period and illustrating the category’s strong growth over the past several years. Continue reading →

Posted in News on April 6, 2021

Parallel To Enter Illinois With $100 Million Windy City Cannabis Acquisition

Atlanta, Georgia-based Parallel is entering Illinois through an agreement to acquire six dispensaries. Continue reading →

Posted in News on April 6, 2021

New York and New Mexico Legalize Recreational Cannabis

On the same day last week that governor Andrew Cuomo signed New York’s recreational cannabis legalization bill into law, the New Mexico legislature successfully voted on a similar measure. Continue reading →

Posted in News on April 6, 2021

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