The TDR Three Key Takeaways regarding Cannabis News for the Last 24 Hours:
- Green Thumb Industries addresses market speculation but remains tight-lipped on merger talks.
- Alberta’s decision on private label cannabis receives praise from High Tide.
- Canopy Growth exercises option to acquire Acreage
Green Thumb Industries Responds to Market Rumors and Potential Merger News
Green Thumb Industries (CSE: GTII, OTCQX: GTBIF) issued a statement addressing recent market rumors, in the press release the company stated “The Company’s policy is not to comment on market rumors.” WSJ released an article on 4th of june about a major cannabis producer exploring a potential merger with Boston Beer Company (NYSE: SAM), aiming to capitalize on the growing crossover between the beverage and cannabis markets.
Avant Brands Closes Non-Brokered Private Placement
Avant Brands (TSX: AVNT, OTCQX: AVTBF) announced the successful closing of a…
