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Kiaro Acquires Hemisphere Cannabis and Adds 7 Retail and 2 Development Locations in Ontario To Become a Prominent National Cannabis Retailer with Forecasted Annual Revenues of $42 7 Million

Kiaro Acquires Hemisphere Cannabis and Adds 7 Retail and 2 Development Locations in Ontario To Become a Prominent National Cannabis Retailer with Forecasted Annual Revenues of $42 7 Million
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Cannabis Co On The Move: Kiaro Debuts In Ontario Via Acquisition Of Cozy Cannabis, Takes Over Aegis Subsidiary Through Share Swap Deal

Cannabis Co On The Move: Kiaro Debuts In Ontario Via Acquisition Of Cozy Cannabis, Takes Over Aegis Subsidiary Through Share Swap Deal
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Aegis Brands selling Second Cup Coffee Co to Quebec restaurant franchiser Foodtastic

Quebec-based food franchising business Foodtastic Inc. announced a deal Monday to buy troubled coffee chain Second Cup Coffee Co. and has big plans for the brand, including opening more than 100 new . . .

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Market movers: Stocks seeing action on Monday - and why

Market movers: Stocks seeing action on Monday - and why
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Second Cup Coffee Chain Sold To Quebec-Based Buyer In Cash Deal

Foodtastic is a Montreal-based franchiser of multiple restaurant concepts, including casual restaurant dining chain Nickels – originally created by a group including pop icon Celine Dion. “Second Cup has been a Canadian staple for almost 45 years and we’re excited to welcome them into the Foodtastic family,” Peter Mammas, president and CEO of Foodtastic, said in a statement. “We look forward to working with all our new franchisees and emerging through this pandemic with a revitalized Canadian leader in the premium coffee segment,” he said. “This acquisition is consistent with our strategy of acquiring quality Canadian brands with growth potential.” The Second Cup Ltd. changed its name to Aegis Brands as part of a plan to diversify beyond coffee shops.

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