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Cannabis industry group pushes 'green seal' and tax credits

Hoop houses and water mentioned in cannabis discussions

Insider Cannabis newsletter: February 26

There may be other deals to come as New York moves toward cannabis legalization Executive Moves Clever Leaves announced that Hank Hague would be joining the company as chief financial officer  Acreage Holdings announced that CFO Glen Leibowitz is leaving the company. Steve Goertz, former CFO of sgsco and a partner at Bespoke Capital Partners, will be taking over as CFO starting April 2. Agrify announced the formation of its new advisory board on Wednesday, including Rosie Mattio, CEO of MATTIO Communications, and Matthew Kressy, founding director of the MIT Integrated Design & Management program.  Fyllo announced it would be bringing on Twitter veteran Katie Ford as the company's new COO.

U.S. Legal Cannabis Water Use to Almost Double by 2025

Cannabis Industry Needs Improvement In Water Use Efficiency: Report

Acreage Holdings (ACRDF), CBD Of Denver (CBDD), C21 Investments Inc (CXXIF), ENDEXX CORP (EDXC), Fire & Flower Holdings (FFLWF), Medical Marijuana (MJNA), Red White & Bloom Brands (RWBYF), S&P Dep Receipts (SPY) - The Week In Cannabis: Tilray-Aphria Merge, Aurora Continues Layoffs, Financings, Earnings, M&A

Aphria (NASDAQ:APHA) and Tilray (NASDAQ:TLRY). Benzinga spoke with Aphria CEO and chairman Irwin D. Simon, who will maintain those two positions in the new company, and Tilray CEO Brendan Kennedy, who will serve in the new corporation’s board of directors. The executives shared details on how the deal came to be, and their expectations for the future, which, they say, doesn’t include massive layoffs. Cantor Fitzgerald’s analyst Pablo Zuanic praised the merger. The Canadian cannabis sector is in need of consolidation due to the oversupply problems and “historically low flower retail prices,” he explained. Green Market Report CEO Debra Borchardt told Benzinga the Aphria/Tilray merger “was certainly a good deal for Tilray shareholders, while the Aphria shareholders will probably have to wait a bit before they see the benefits of this deal. The combined company will definitely be a powerhouse of revenue, there is no question about that.”

The Week In Cannabis: Tilray-Aphria Merge, Aurora Continues Layoffs, Financings, Earnings, M&A

The Week In Cannabis: Tilray-Aphria Merge, Aurora Continues Layoffs, Financings, Earnings, M&A Benzinga 12/18/2020 Aphria (NASDAQ: APHA) and Tilray (NASDAQ: TLRY). Benzinga spoke with Aphria CEO and chairman Irwin D. Simon, who will maintain those two positions in the new company, and Tilray CEO Brendan Kennedy, who will serve in the new corporation’s board of directors. The executives shared details on how the deal came to be, and their expectations for the future, which, they say, doesn’t include massive layoffs. Cantor Fitzgerald’s analyst Pablo Zuanic praised the merger. The Canadian cannabis sector is in need of consolidation due to the oversupply problems and “historically low flower retail prices,” he explained.