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

Credit: Shutterstock Images

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...

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