Agrify Corp. is selling its cannabis cultivation operation for $7 million to an investment firm affiliated with the company’s former CEO, Raymond Chang. According to a Monday news release, the Troy, Michigan-based operator sold the unit to CP Acquisitions, which is affiliated with Chang. Chang resigned from Agrify’s top post and as board chair in […]
Canadian cannabis company Entourage Health Corp. plans to go private in a deal with its primary investor and lender, a major pension fund. According to a purchasing agreement with 1001007762 Ontario Inc., the affiliate of LiUNA Pension Fund of Central and Eastern Canada (LPFCEC) will acquire all of Entourage’s issued and outstanding common shares for 0.005 […]
TerrAscend Corp., a multistate operator with an office in Canada, said it is entering the Ohio marijuana market through an acquisition. The company signed a definite agreement to buy Ratio Cannabis, which operates a retail outlet in Goshen Township, for $10.3 million, according to a Wednesday news release. The deal includes $5 million in cash, […]
