Tag: CannaRoyalty

Debra BorchardtDecember 4, 2018
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5min00
CannaRoyalty Corp. also known as Origin House (CSE: OH) (OTCQX: ORHOF) has signed a binding term sheet to acquire certain business assets of California-based cannabis cultivator, Cub City LLC  for total consideration of $7,025,000. The deal is expected to close in March 2019. Origin House will be purchasing a state-of-the-art craft cultivation facility with an […]

Debra BorchardtAugust 27, 2018
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4min00
CannaRoyalty Corp.  (CNNRF) entered into a binding letter of intent with Tidal Royalty Corp. (TDRYF) to acquire the company’s equity stake and royalty entitlement in Alternative Medical Enterprises LLC or AltMed for C$8 million. CannaRoyalty will continue to have the right to license MÜV products in California, Nevada, Canada and other select markets. CannaRoyalty said that the sale of AltMed […]

William SumnerAugust 23, 2018
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6min00
It’s time for your Daily Hit of cannabis financial news for August 23, 2018. On The Site Canopy Growth Corporation Canopy Growth Corporation (CGC) is spinning off its venture capital investment arm called Canopy Rivers Corporation. The company has set September 12, 2018, as the date for a shareholder meeting regarding the proposed combination of Canopy […]

StaffAugust 23, 2018
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4min00
Canadian-based CannaRoyalty (CNNRF) reported its second-quarter earnings for the period ending June 30, 2018, with revenues increasing 266% to C$3.5 million versus last year’s revenues of C$960,157. In addition to that, CannaRoyalty made huge strides by delivering net income of C$9.3 million for the quarter versus last year’s net loss of C$2 million. The net […]

StaffJuly 3, 2018
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5min00
It’s time for your Daily Hit of cannabis financial news for July 3, 2018. On The Site Aurora Cannabis Inc.  Aurora Cannabis Inc.  (ACBFF) gave several updates on different pieces of the company. The Aurora Vie production facility in Point-Claire Quebec got its sales license from Health Canada. The company said that this facility is on target to […]

Debra BorchardtMay 3, 2018
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5min00
It’s time for your Daily Hit of cannabis news for May 3 2018: On The Site: DEA Wins One A panel of judges for the 9th U.S. Circuit Court of Appeals rejected a challenge filed by cannabidiol (CBD) producers against a Drug Enforcement Agency rule that classifies CBD as a Schedule I drug. The rule originated in […]

StaffApril 26, 2018
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3min00
Canadian-based CannaRoyalty Corp. (CNNRF) announced that one of its investee companies, Alternative Medical Enterprises, LLC often called AltMed closed a private placement financing of $35.4 million. In a company statement, CannaRoyalty said it made a $1.5 million equity investment in AltMed in 2015 and that the post-money valuation of this current financing represents a growth in value […]

William SumnerMarch 22, 2018
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3min00
Here are the news briefs for March 22, 2018: Namaste Technologies Inc. Namaste Technologies Inc. announced today that it has signed a non-binding Terms Sheet with PharmaCann Pty Ltd. Under the term sheet, Namaste will participate in an investment to purchase 10% equity position in PharmaCann, which currently holds licenses to import and export wholesale […]

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The Green Market Report focuses on the financial news of the rapidly growing cannabis industry. Our target approach filters out the daily noise and does a deep dive into the financial, business and economic side of the cannabis industry. Our team is cultivating the industry’s critical news into one source and providing open source insights and data analysis


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