The Week In Cannabis: The New Tilray, Jazz-GW Pharma, Earnings, M&A, And More

closed their merger after months of negotiations, creating a company with a combined market cap of $3.3 billion.

The Swiss-based lender, which declined to give a statement, was among a handful of banks willing to buy and sell marijuana-related stocks and hold the shares as a custodian for clients in the United States.

“Last weekend’s annual New York City cannabis parade brought out a who’s who in politicians jockeying for position to be the one who was always supportive of legalizing cannabis.

The deal also includes nearly nine acres of surrounding land in Prince William County, Virginia.

Cansortium Inc.

, which operates under the Fluent brand, announced its fourth-quarter and full-year 2020 financial results, with consolidated revenue of $14.7 million for the three months ending Dec.

Net income for the same period was roughly $25.6 million, or $1.05 per diluted share, representing an annual growth of 122%.

Hemp cultivation and processing brand HempFlax posted its full-year 2020 earnings report, with revenues of €14.5 million , up 43% from 2019’s $10.1 million.

Orchid Ventures Inc entered an exclusive licensing agreement with Gold Flora.

“Our overall goal with the new online marketplace is to establish trust and transparency in the cannabis industry.

Sitka Hash House has launched its handmade hashish-based products into the California market with manufacturing partner, Garden Society.

The Aster Farms team tracked their energy consumption, CO2e emissions, water use, solid waste as well as their hiring practices over the last year.

Newly released podcast Highly Unlikely, hosted by standup comedian Alex Gettlin and produced by Wikileaf, dives into the absurdity of the world we live in.

Canadian licensed cannabis producers and global markets will have access to time-tested, feminized, organic-certified cannabis seeds.

Calyxt announced advancements in technology that will make it easier for scientists to bring advanced breeding into hemp.

“Since we first launched HOPE in the US, our long-term goal has been to make it accessible to ASD patients everywhere, and Washington DC’s reciprocity allows us to take a huge step in that direction here in the US,” Dr.

Alan Brochstein’s 420 Investor is the go-to community for investors to learn, explore, and profit from the marijuana companies.

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