Nabis, a California’s cannabis distributor, has raised $4 million during their second round of financing. This follows their seed round last summer when they raised $1.25 million from Silicon Valley’s elite investors, bringing the total amount raised to $5.25 million since its inception in 2017.
Aphria (TSX: APHA) (NYSE: APHA) said that its German subsidiary Aphria Deutschland GmbH has secured the license for the domestic cultivation of medical cannabis from the German Federal Institute for Drugs and Medical Devices.
Canopy Growth (TSX: WEED) (NYSE: CGC) and Acreage Holdings (CSE: ACGR.U) (OTC: ACRGF) (FSE: 0ZV) have entered into an arrangement agreement that grants Canopy the right to acquire 100% of the shares of Acreage, with a requirement to do so at such time as cannabis production and sale becomes federally legal in the U.S.
CannAmerica Brands (CSE: CANA) (OTCQB: CNNXF) has made its first shipment of new packaging for new gummy flavors in Colorado and received its first purchase order from Flower One Holdings (CSE: FONE) (OTCQB: FLOOF).
Mile High Labs, the largest extractor of CBD isolate in the world, said that it has set up its international beachhead in Northern Ireland and recently launched sales into the UK and Europe.
Hypur announced that its electronic payment solution for online, retail and business-to-business transactions is now available for hemp and CBD merchants throughout the U.S.