Business Insider identified the top venture-capital firms, including Merida Capital Partners, making deals in the cannabis industry based on how many investments they made in 2019. Firms shared they were looking to invest in areas such as advertising technology, international opportunities for CBD and hemp, drug-delivery platforms, lab testing, and synthetic cannabinoids.One of the most common predictions Business Insider heard from venture capitalists was that 2020 would be the year when a few brands "pull away from the pack" and emerge as the top brands in cannabis.

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Vireo Health, a leading physician-led, science-focused multi-state cannabis company, announced on January 6 the launch of LiteBud, a patent-pending line of consistently formulated, lower-Tetrahydrocannabinol (THC) cannabis products that are designed to meet the needs of cannabis consumers seeking a more consistent, controlled and mild experience.

The first LiteBud product offering is a pre-roll made from slow-cured dry flower using a proprietary process to ensure lower levels of THC. LiteBud pre-rolls are the first product of its kind sold in Maryland’s growing medical cannabis market, currentl...

GL Brands (formerly Freedom Leaf), a multinational hemp consumer packaged goods company and global house of brands, announced on January 6 that revenue guidance for its recently completed first fiscal quarter of 2020 ended Sept. 30, 2019 in the range of $2.1 million to $2.5 million

For the first fiscal quarter of 2020, the Company is projecting revenue in the range of $2.1 million to $2.4 million, matching its total audited 2019 annual revenue of $2.1 million and surpassing its reported Q1 2019 revenue of $0.6 million, an almost 4X revenue growth. 

The record revenue growth is a result of the Co...

The Minority Cannabis Business Association and Merida Capital Partners created a program, the Inclusive Industry ("i2") Accelerator, which looks to close the disparity, diversity and inclusion gaps that exist in two of the fastest-growing sectors in the U.S. The accelerator will initially deploy $500,000 to speed up the growth of five minority-owned businesses. Winners were announced a few days ago. They are: Vega Holdings, the only Latino-owned company holding a Connecticut pilot hemp license; High Road, an app-driven delivery platform; Higher Learning Institutions, a state-licensed vocationa...

GrowGeneration Corp., the largest chain of specialty retail hydroponic and organic garden centers, with currently 25 locations, is pleased to announce that its common shares have been approved for listing on the Nasdaq Capital Market ("NASDAQ"). GrowGeneration Corp. common shares will begin trading on Nasdaq on December 2, 2019 under the trading ticker symbol "GRWG."

As of next Monday, GrowGen will become the first US cannabis related company to complete the transition from the OTC to a listed company, when it makes its debut on the Nasdaq. While there are two other US companies that trade on N...

Merida Merger Corp. I announced today that it priced its initial public offering of 12,000,000 units at USD$10.00 per unit. The units will commence trading November 5, 2019 on Nasdaq under the symbol “MCMJU” and are expected to commence trading on the Neo Exchange Inc.on or about November 8, subject to satisfying certain listing conditions, under the symbol “MMK.UN”. Each unit consists of one share of common stock of the Company, and one-half of one redeemable warrant with each whole Warrant entitling the holder to purchase one share of Common Stock at a price of USD$11.50 per share. Once the...