November 5, 2019

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 shar...

October 9, 2019

Cresco Labs Inc., one of the largest vertically integrated multi-state cannabis operators in the United States, today announced that it has closed its acquisition of 100% of the membership interests of Gloucester Street Capital, LLC, the parent entity of Merida portfolio company Valley Agriceuticals, LLC (“Valley Ag”) via a merger between Gloucester and a subsidiary of Cresco Labs. As a result of...

October 1, 2019

Cheddar is a leading post-cable news, media, and entertainment company broadcasting live on SlingTV, Hulu Live, YouTube TV, Philo, Twitter, Facebook Watch, Pluto, Xumo and more. Watch the full video here. Back in late June, Merida's Managing Partner Mitch Baruchowitz and Brandon Wyatt from the Minority Cannabis Business Association sat down with Cheddar to discuss the launch of the Inclusive Indus...

September 16, 2019

Freedom Leaf Inc. announce that its newly acquired subsidiary, Green Lotus, completed its inaugural shipment of $600,000 of topical hemp-CBD products to Mexico on July 31. Products will be distributed by Green Lotus' Mexican partner, CBD Life SA, initially in up to 4,000 locations and expanding to over 40,000 locations over the next 12 months.

This represents the first commercial shipment of r...

September 3, 2019

Creates a GrowGen Michigan Operation in Excess of $15 Million; 3rd Quarter Revenue is Tracking in Excess of $20 Million

GrowGeneration Corp.,  the largest chain of specialty retail hydroponic and organic garden centers, with 23 locations, announced that it has purchased the assets of Grand Rapids Hydroponics (GRH), with one location in Grand Rapids, MI. Following the acquisition, GrowGen...

August 29, 2019

Gabriella's Kitchen Inc., a consumer packaged goods company operating in the regulated cannabis sector in California and the mainstream grocery channel nationally, announced second-quarter earnings that included revenue of $2.5 million versus $319,000 one year ago. 

The company saw an increase in the number of California dispensaries to which it distributes from 80 to 170 during the quarter. Gabrie...

August 15, 2019

Vireo Health International, Inc., a leading physician-led, science-focused multi-state cannabis company, today announced that the Company's affiliate, Ohio Medical Solutions, was granted a Certificate of Operation by the Ohio Department of Commerce. OMS, which will begin operating immediately, was previously awarded a provisional processing license.

OMS is now permitted to purchase plant material f...

August 8, 2019

Acquisition Expands Cresco Labs’ Multistate Footprint into Limited License New York Market Projected to Grow to $500 Million by 2022

Cresco Labs Inc., one of the largest vertically integrated multi-state cannabis operators in the United States, announced that it has received regulatory approval for its acquisition of 100% of the membership interests of Gloucester Street Capital the parent entity of...

August 5, 2019

Henry’s Original announced it closed a Series B investment led by Merida Capital Partners. Henry’s intends to use the funds to expand its cultivation, processing, sales and marketing operations. The investment round also included investments from Big Rock Partners, Delta Emerald Ventures and funds managed by JW Asset Management. The majority of Series A investors also invested in this latest round...

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