May 7, 2019

GrowGeneration, one of the largest chains of specialty hydroponic and organic garden centers, reported financial results for its quarter ended March 31, 2019. GrowGen, one of the first Merida portfolio companies, reported record revenues (+199%) and net income, with same store sales up over 42% year over year, and margins increasing, and a profitable quarter with all signs that the company is fina...

April 30, 2019

CB2 Insights announced its FY2018 financial results after a transformative year. A Merida portfolio company, CB2 focuses on predictive data analytics to bring real-world evidence driven from the point-of-care to the medical cannabis community. 

Highlights included total revenue of C$10.8 million up from $280 thousand the year prior, gross profit of C$7.9 million and adjusted EBITDA loss of $1.1 mil...

April 23, 2019

SOL Global Investments, the owner of 3 Boys Farms, which holds one of Florida's original 14 operating and vertically integrated medical marijuana treatment center licenses, announced that is has entered into a binding letter of intent with Merida Capital Partners to acquire Merida's Michigan subsidiary, MCP Wellness, Inc. 

MCP Wellness is a special-purpose vehicle created to invest in Michigan cann...

April 11, 2019

KushCo reported financial results for its second fiscal quarter of 2019 . As the parent company to a diverse group of business units leading the way in cannabis, CBD and related logistics and supply support, KushCo provides exceptional customer service, product quality, compliance knowledge and a local presence in serving a diverse customer base. 

KushCo net revenue increased 240% year-over-year to...

April 4, 2019

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Merida Capital Partners announced a number of developments, including the launch of its third fund, opening a new office in Canada and expanding its team with three new hires.

Merida's third $200 million fund will focus on concentrated, high conviction investments in leading companies in the cannabis industry. The fund said it has more than $125 million under management.

I...

March 29, 2019

 Credit: Getty Images/iStock

On March 28 the House Financial Services Committee voted 45 to 15 in favor of the Secure and Fair Enforcement Banking Act of 2019, otherwise known as the SAFE Banking Act.

If enacted, SAFE would protect U.S. banks working with cannabis companies from criminal scrutiny by regulators.

Merida's Mitch Baruchowitz spoke with the Financial Post in the days preceding the Commit...

March 19, 2019

There's now research indicating that marijuana users have more frequent sex. Dr. Harin Padma-Nathan, a Los Angeles urologist,specialist in sexual disordesr, and Chief Medical Officer of Merida portfolio company Manna Molecular Science, is working on a cannabis-infused gel that women would apply to themselves before intercourse. Click here to real the full Boston Globe article about evidence of the...

March 13, 2019

Merida portfolio company CB2 Insights (CBII.CN) is one of the ancillary cannabis companies highlighted by Technical420 as a favorable opportunity capitalizing on underserved markets within the cannabis industry while not actually touching the plant. recently commenced trading on the Canadian Stock Exchange and is a company that is on our radar. CB2 represents a differentiated opportunity and is a...

February 26, 2019

Aphria Inc. today announced a worldwide license agreement with Manna Molecular Science, LLC, producers of state-of-the-art cannabis transdermal patches.Leveraging Manna's established formulations, equipment and processes, Aphria will produce and sell patches containing cannabis oils for its established suite of medical and adult-use brands.

Click here to read the full release.

February 26, 2019

Merida Capital Partners Managing Director Mitch Baruchowitz joined Seth Adler and Nicole Smith of Cannabis Economy to share what he describes as stray voltage, and how to differentiate it from the core investment opportunity:

“Think of what stray voltage is in general," said Baruchowitz. "It goes in any direction and every direction, and you don’t really know where it’s going to go, and so we use t...

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