Schultze Special Purpose Acquisition Corp. and Clever Leaves International Inc. Complete Business Combination December 18, 2020 Press Release Banking, Finance & Real Estate, Mergers & Acquisitions 0 Comments PRESS RELEASE Common Shares and Warrants of the Combined Company to Begin Trading on Nasdaq Under Symbols CLVR and CLVRW on Friday, December 18, 2020 RYE BROOK, N.Y., Dec. 18, 2020 (GLOBE NEWSWIRE) -- Schultze Special Purpose Acquisition Corp. (NASDAQ:… Read More→
Aphria and Tilray Combine to Create Largest Global Cannabis Company With Pro Forma Revenue of C$874 Million (US$685 Million) December 16, 2020 Press Release Banking, Finance & Real Estate, Mergers & Acquisitions, Press Releases 0 Comments PRESS RELEASE Complementary, Scalable Medical and Adult-Use Cannabis Businesses Strengthen Leadership Position in Canada; Expands U.S. and International Reach through World-Class Cultivation, Manufacturing, Diversified Product Portfolio and Distribution Footprint Robust Supply Chain and Operational Efficiencies Expected to Generate Approximately C$100… Read More→
Cannabis M&A – A Template for Success Part 3: The Due Diligence Process December 14, 2020 Erik Ott Mergers & Acquisitions, Spotlight 0 Comments In the third of a 3-part series, Erik Ott of Investment Bank KO Acquisitions examines the due diligence process and shares advice on how to drive a transaction to a successful conclusion. In Part 1 Ott focused on the requirements… Read More→
Columbia Care Completes Acquisition of Project Cannabis December 3, 2020 Press Release Mergers & Acquisitions, Press Releases 0 Comments PRESS RELEASE NEW YORK--(BUSINESS WIRE)--Columbia Care Inc. (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP) (“Columbia Care” or the “Company”) announced that it has completed its acquisition of Project Cannabis, a leading cannabis cultivator, wholesaler and retailer based in Los… Read More→
Chicago-based Grassroots Cannabis sold in $830 million deal July 24, 2020 AggregatedNews Mergers & Acquisitions 0 Comments An $830 million deal to acquire Grassroots Cannabis closed Thursday, upending a trend of failed multimillion-dollar acquisitions of Chicago-based marijuana companies. Grassroots, which has a cultivation facility in Litchfield and is affiliated with eight dispensaries around the state, was acquired… Read More→
Cresco Labs Announces Mutual Agreement to Terminate Purchase Agreement With Tryke – Frees-Up $55 Million in Capital to Further Invest in Organic Growth Pipeline April 27, 2020 Press Release Banking, Finance & Real Estate, Mergers & Acquisitions 0 Comments PRESS RELEASE CHICAGO--(BUSINESS WIRE)-- Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco” or “the Company”), one of the largest vertically integrated multistate cannabis operators in the United States, announced today that it has reached a mutual agreement to terminate the purchase agreement dated… Read More→