Ask anyone who has more experience growing cannabis than a sophomore college student whether they’d be keen to grow a million square feet of weed, and they’d likely point out the problems inherent in such a task.
On January 15, 2019 – at the somewhat unusual time of 6 p.m. EST, iAnthus Capital (IAN.C) and MPX Bioceutical (MPX.C) jointly announced that MPX holders had voted overwhelmingly to approve a deal whereby iAnthus will acquire all of MPX shares in an all-stock transaction valued at $835 million.
On January 7, 2019 iAnthus Capital (IAN.C) announced the successful opening of its flagship dispensary in Brooklyn, New York, (pop. 2.6 million).
Choom Holdings (CHOO.C) has completed its acquisition of Clarity Cannabis Medical Centre, and will now move towards the recreational marijuana market.
CROP Infrastructure’s (CROP.C) subsidiary, Elite Ventures, leased 250 acres of Nevada farmland in anticipation of provisions for hemp in the passing of the farm bill.
Quadron Cannatech (QCC.C) penned an agreement with CBD Science Processing to provide a portable extraction and processing facility in Q1 2019.