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TerrAscend acquires Maryland cannabis growing, processing operations — a dispensary may be next
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TerrAscend to Acquire Pennsylvania Dispensary Chain for $63 Million
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HEXO Corp. (NASDAQ: HEXO)Canopy Growth Corporation
Canopy Growth Corporation is the first cannabis company in North America to be publicly traded. Currently, Canopy is one of the largest Canadian marijuana companies in the world. With a current market cap of $12.55 billion Canopy could continue to climb in the market in January. At the present time, the company has established a few methods in entering the U.S. cannabis market. For one Canopy has begun implementation of an amended arrangement with Acreage Holdings, Inc. (OTC: ACRHF). In detail, Acreage has developed a plan to market Canopyâs diverse beverage portfolio in the U.S. Both companies expect to launch the THC beverage line in the summer of 2021.
Do These Top Marijuana Stock Hold Value In The Cannabis Industry
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WATERFALL, Pa., Dec. 21, 2020 /PRNewswire/ CapStone Holdings, a business incubator and investment group, today announced a $25 million investment in TerrAscend s Ilera Healthcare Division, a vertically-integrated medical marijuana cultivator, processor, and dispensary operator in Pennsylvania.
CapStone is one of a group of investors in a $120 million loan facility to enable Ilera s parent company – TerrAscend Corp. (CSE: TER;OTCQX: TRSSF) – to satisfy the final Ilera Healthcare earn-out payments, in connection with TerrAscend s acquisition of Ilera Healthcare, without the need for additional external funding.
Ilera and TerrAscend.is comprised of business leaders with decades of global management and finance experience.