MedReleaf Corp. (TSX:LEAF) ("MedReleaf" or the "Company"), Canada's first and only ISO 9001 and ICH-GMP certified cannabis producer, today announced that it has entered into agreements to acquire 1 million square feet of existing greenhouse infrastructure on a 69 acre property in Exeter, Ontario ("Exeter Facility") and 95 acres of adjacent land for $21.5 million in cash and 225,083 common shares of MedReleaf (the "Agreements").
Isodiol International Inc. (https://www.globenewswire.com/Tracker...) (CSE:ISOL) (OTC:ISOLF) (FSE:LB6A.F) (the “Company” or “Isodiol”), a global CBD innovator specializing in the development of pharmaceutical and wellness products, is pleased to announce that it has entered into a Definitive Agreement to acquire 100% of Canadian National Pharma Group Inc. (CN Pharma), a pharmaceutical manufacturing company.
Future Farm Technologies Inc. (the "Company" or "Future Farm") (CSE: FFT) (OTCQB: FFRMF) is pleased to announce that its subsidiary, Future Farm Maine, LLC, has received three licenses from the State of Maine for the cultivation of industrial hemp in 2018. Future Farm Maine received one license for each of its Amity and Hersey farms, as well as one for the Belfast processing facility.
MedReleaf Corp. (TSX:LEAF) ("MedReleaf" or the "Company") is pleased to announce that it has closed its previously announced offering (the "Offering"), on a "bought deal" basis, pursuant to a short form prospectus, of an aggregate of 5,000,000 units of the Company ("Units") at a price of $26.50 per Unit (the "Offering Price") for aggregate gross proceeds to the Company of $132,500,000.
Hiku Brands Company Ltd. ("Hiku" or the "Company") today announced the successful completion of the merger between DOJA Cannabis Company Limited ("DOJA") and TS Brandco Holdings Inc. ("Tokyo Smoke") (the "Merger"), creating Hiku, Canada's first premium cannabis brand house with vertically integrated operations.
CanniMed Therapeutics Inc. (TSX:CMED) (“CanniMed” or the “Company”) today released its financial results for the fiscal year ended October 31, 2017.
Namaste Technologies Inc. (“Namaste” or the “Company”) (CSE:N), (FRANKFURT:M5BQ), (OTCMKTS:NXTTF) is pleased to announce the filing of its unaudited quarterly financial statements, management’s discussion and analysis and certification of the quarterly filings for the first quarter of fiscal 2017. The statements for the period can be accessed on SEDAR at www.sedar.com.
Two of the most commonly discussed alternative investment opportunities are blockchain/cryptocurrency and cannabis/hemp.
Over the last six-months, the cannabis sector has seen several public and private companies enter the blockchain/crypto currency space. While the opportunities seem to be attractive, investors must proceed cautiously.
M&A activity is heating up within the Canadian cannabis market and our conviction level with the sector is even higher after the recent developments.
Aurora Cannabis (ACB.TO) has shown that it will pay a premium for a quality cannabis producer and we expect to see several other Canadian cannabis producers make acquisitions in the coming year.
From Canada to Germany, the legal cannabis market continues to be one of the most attractive investment opportunities.
Over the last year, we have seen Canadian medical marijuana producers laser focus on international opportunities, most notably Germany following the medical cannabis law.