Page 23 - Green Solution News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Columbia Care Inc. (OTCQX:CCHWF) has acquired another dispensary in San Diego. The New York-based cannabis company took over The Healing Center San Diego (THCSD) in a $15 million deal. The price tag includes $3 million in cash, $6 million in the company's stock as well as $6 million in seller promissory notes. THCSD was launched in 2016 by Ray Taylor and Jim Dickinson. “Expanding the retail footprint in our operational markets enhances scale, improves consumer access, leverages Columbia Care brands, drives margin expansion through the supply chain, and delivers outsized shareholder return...

Expect sales growth of up to 176% for these pot stocks.

R.I.P., Charlotte Figi Charlotte Figi became a catalyst for medical marijuana around the globe in 2013, when she appeared on Dr. Sanjay Gupta's Weed documentary on CNN. Gupta had doubted medical marijuana's efficacy until he met Figi, a toddler who suffered from Dravet syndrome, a rare form of epilepsy that can cause extreme seizures. Figi was treated with CBD oil extracted from a non-intoxicating strain of marijuana in 2012, and eventually no longer required a feeding tube to eat; her family reported that CBD nearly eliminated her seizures. The growers of the strain of high-CBD marijuana sh...

A Cannabis Consolidation Binge Is Creating Top Tier Companies Two more major deals were announced on Tuesday. As the year comes to a close, the cannabis industry is on a consolidation binge. Two big deals were announced today piling on after last week's big move by Aphria (APHA) and Tilray (TLRY) . Ayr Strategies (AYRWF) is buying Liberty Health Science (LHSIF) in a deal valued at $290 million, and Columbia Care (CCHWF) is buying privately-held Green Leaf Medical in a deal valued at $240 million. Ayr Strategies Florida Ayr Strategies has grown quickly through acquisition and this late...

DENVER (CN) — During the pandemic, Colorado’s gone to pot. Between January and October, the Colorado Department of Revenue reported the state marijuana industry sold $1.8 billion worth of marijuana, surpassing last year’s total sales of $1.7 billion and putting it on track to clear $2 billion for the first time in history.  With national sales from the first three quarters surpassing 2019 records, data firm New Frontier now predicts American marijuana sales to hit $20 billion by New Year’s Eve and $41 billion by 2025. Part of this growth comes expected as businesses matured, but th...