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Green Economy | Cannabis Industry Financial News February 12, 2021
Grapefruit USA, Inc. Announces Year-Over-Year Revenue Growth
California-based manufacturer and distributor Grapefruit USA (OTCQB: GPFT) provided its unaudited preliminary results for calendar year 2020. The...
Green Economy | Cannabis Industry Financial News January 29, 2021
Agrify Corporation Announces Pricing of Upsized $54 Million Initial Public Offering
Hardware and software developer Agrify Corporation (NasdaqCM:AGFY) announced pricing of its upsized IPO of...
Two Paths to Success in the Age of Cannabis Legalization
Have you ever made a wish and gotten what you wanted only to find the reality did not match your expectations?
According to the Merriam-Webster...
Aphria Acquires Tilray in Reverse Takeover
LEAMINGTON, Ontario, and NANAIMO, British Columbia – Aphria Inc. and Tilray Inc., two Canadian cannabis superpowers traded on the NASDAQ exchange, merged to form...
Salesforce Eyeing Slack in Potential $17B Deal
UPDATE: Salesforce’s pending acquisition of team chat software vendor Slack was made official in December 2020. Marc Benioff, chief executive officer at Salesforce, called...
Jay-Z, Roc Nation Join New Cannabis Special-Purpose Company in Mega-Deal
NEW YORK – Cannabis special-purpose acquisition company Subversive Capital Acquisition Corp (SCAC) entered into definitive transaction agreement to form TPCO Holding Corp. (The Parent...
Cannabis and Coronavirus: As Multiple Crises Hit the U.S., Cannabis Remains Resilient
NATIONWIDE – As summer turns to autumn, the U.S. is confronting natural disasters and crisis on several fronts, in addition to the ongoing COVID-19...
Cannabis and Coronavirus: Sales Surge as the Industry Carries On
NATIONWIDE – Five months of pandemic restrictions has resulted in what seems to be strong sales growth in the cannabis industry, in both medical...
More IRS Audits Are Coming. Here’s How to Handle Them.
It appears the Internal Revenue Service is keeping a close eye on the rapidly growing cannabis industry. The agency expects to audit more cannabis...
Changing Habits: How COVID-19 Impacts Cannabis Industry Capital and Finance
Although the U.S. cannabis industry was valued at over $13 billion in 2019 by New Frontier Data, those operating in this space do not...
