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Wednesday, March 23, 2022

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"One of the largest M&A deals in cannabis history"

Cresco Labs acquires Columbia Care, valued at $2 billion

Cresco Labs is set to acquire Columbia Care in a transaction valued at $2 billion, in one of the largest M&A deals in the history of the cannabis industry. Columbia Care…

Thrive Cannabis

Aurora acquires Thrive Cannabis for $38 million

Aurora Cannabis has announced the acquisition of Thrive Cannabis for approximately $38 million. According to the Canadian LP, the Thrive team will be put in charge of Aurora’s…

Video US (AZ): Final phase of demolition completed at new grow facility

American Green has completed the final phase of demolition at its new cannabis grow building and its architectural team will self-certify their building plans at the "Cypress…

"Velocity of cannabis industry acceptance has grown exponentially"

The cannabis industry is still one of the fastest growing industries in the world. Nevertheless, steps can still be taken in further professionalization, according to Chris…

© Feelgoodsk Dreamstime.com

US: "Social equity policies could shape diversity in the cannabis industry"

In the United States, less than 20 percent of legal cannabis business owners and founders are minorities. This reality, combined with the negative consequences of cannabis…

© Sergey Pozhoga Dreamstime.com

US (ME): Funding for energy efficiency improvements at 48,000 sq ft cannabis facility

Power REIT has entered into a lease amendment to fund additional capital improvements to its existing greenhouse cultivation property in York County Maine. The approximately…

Vertically Urban:

"We constantly work to increase our yields while using less energy"

“Energy is a hot topic at the moment, not only in the UK but across the globe. Potential energy supply issues resulting from what’s happening in Ukraine and Russia, combined…


Romeo Zanotto of Due Erre Import Export of Padua, Italy "Every commercial trade with Ukraine has stopped but no problems are found in the surrounding countries" The company Due Erre, based in Padua at the Maap wholesale market, used to export to Ukraine, but now everything is blocked because of the war. "I feel sorry for the Ukrainian people and not because of the impact on our business. The war in Ukraine is a huge tragedy, bringing with it all possible consequences. We used to export…