2023-01-03 Glass House Brands Inc. (NEO: GLAS.A.U) (NEO: GLAS.WT.U) (OTCQX: GLASF) (OTCQX: GHBWF) closed on a non-brokered private placement of Series C, raising $4.7M of new capital on top of the $26.5M of capital raised from the company’s Series B that closed on Dec. 6, 2022. Cann agrees to sell the Southern facility to Sativite in A$5.5M deal.
2023-01-04 Aurora Cannabis Inc. (Nasdaq: ACB) (TSX: ACB) closed the sale of its Aurora Polaris facility for approximately $15M. Sunset Island Group Inc. (OTC: SIGO) has purchased Calamus Brands, allowing it to expand its operation to include 205,000 square feet of cannabis operations. The 1937 Group launched a new Illinois social equity incubator to address the very unequal distribution of cannabis licenses in the state. Atlas Global Brands Inc. completed its reverse take-over transaction with several companies and will join to form Atlas Global Brands Inc., which expects to begin trading on the Canadian Securities Exchange on Jan. 13 under the ticker symbol ATL.
2023-01-05 TPCO Holding Corp. (NEO: GRAM.U) (OTCQX: GRAMF), The Parent Co., entered into modification agreements for Shawn ‘JAY-Z’ Carter and Roc Nation to return 7.1M common shares to TPCO allowing them to save roughly $33.5M in top-line costs over 8 years. Massachusetts announces that a cut of recreational cannabis taxes will be awarded to entrepreneurs from disproportionately policed communities.
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