E Cannabis Central: Marijuana Company Deals Flourished In June & July But Most Of Their Stock Prices Floundered

Financing

  1. Neptune Wellness Solutions Inc. (NASDAQ: NEPT; TSX: NEPT), a Quebec-based U.S. cannabis extraction company, closed a US$41M placement to facilitate their acquisition of SugarLeaf Labs LLC.
  2. THC BioMed Intl Ltd. (OTC: THCBF; CSE: THC), a Canadian cannabis producer, announced the closing of a US$200M private debt commitment to be used for expansion of facilities.
  3. Delta 9 Cannabis Inc. (OTC: VRNDF; TSXV: NINE), a Canadian cannabis producer, announced the closing of a US$11.8M public offering of debenture units to be used towards expansion of production capacity.
  4. MedMen Enterprises Inc. (OTC: MMNFF; CSE: MMEN), a U.S. cannabis retailer, announced an additional US$30M funding to their initial US$250M from Gotham Green Partners which is planned to be used towards opening new retail locations and expanding its brand.
  5. Flower One Holdings Inc. (OTC: FLOOF; CSE: FONE), a Toronto-based U.S. cannabis operator known as Nevada’s largest producer, announced a US$20M financing at LIBOR plus 8%.
  6. Aleafia Health Inc. (OTC: ALEAF; TSX: ALEF), a Canadian cannabis producer, announced the completion of US$40M in convertible note financing.
  7. Surterra Wellness (Private), a U.S. cannabis oil and vaporizer company, announced US$100M in funding to accelerate growth in U.S. and international cannabis operations.
  8. Fire & Flower Holdings Corp. (OTC: FFLWF; TSXV: FAF), a Canadian cannabis retailer, announced a US$27M in financing to use towards retail store build-outs.
  9. The Flowr Corp. (OTC: FLWPFTSXV: FLWPF), a Canadian cannabis producer, announced US$50M in funding to be used for development of facilities in Kelowna. 

Partnerships

  1. Green Growth Brands Inc. (OTC: GGBXF; CSE: GGB), a Toronto-based, U.S. cannabis producer, announced a partnership and purchase order with American Eagle Outfitters for sale of hemp-derived CBD products in almost 500 stores and the expansion of their deal with Abercrombie & Fitch to expand their CBD products to 160 stores from 10 trial stores.
  2. iAnthus Capital Holdings Inc. (OTC: ITHUF; CSE: IAN), a U.S. cannabis operator, announced a partnership with Dillard’s Department Store to make products available throughout Dillard’s 265 department stores in 29 states.
  3. CannTrust Holdings (NYSE: CTST; TSX: TRST), a Canadian cannabis producer, announced a joint venture with Elk Grove Farming Company, a U.S. farming company, that will provide access to 3000 acres of land for hemp production.
  4. Sunterra Wellness Partners (Private), a health and wellness company with vertical operations in Florida, Texas, Nevada, and Massachusetts, announced a partnership with Intrexon Corporation for US$100M that will be used to advance Sunterra’s production capacity. 
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