The Daily Hit: November 21, 2024

The Daily Hit: November 21, 2024

The Daily Hit is a recap of the top financial news stories for Thursday, November 21, 2024. On the Site Cannabis stocks up briefly Thursday before plunging on Gaetz withdrawal The potential appointment of a pro-cannabis attorney general had boosted sentiment among cannabis investors. Read more here. Agrify gets $26M lifeline as GTI’s Kovler eyes […]

Decibel Cannabis insiders lead $2M funding round

Decibel Cannabis insiders lead M funding round

Company directors and officers bought approximately 18.6 million shares; around 56% of the first closing. Decibel Cannabis Company Inc. (TSXV: DB) (OTCQB: DBCCF) completed the first closing of its private placement, raising more than $2 million with company insiders leading the investment round just days after acquiring a major production facility. The cannabis producer issued […]

Decibel Cannabis acquires AgMedica, plans private placement

Decibel Cannabis acquires AgMedica, plans private placement

AgMedica’s facility should help beef Decibel’s export capabilities as it moves away from Canadian retail. Canadian licensed producer Decibel Cannabis Company Inc. (TSXV: DB) (OTCQB: DBCCF) said Monday that it acquired AgMedica Bioscience Ltd. for a C$6.3 million unsecured convertible debenture. The transaction adds AgMedica’s EU GMP and IMC-GAP certified annual flower production capacity of […]

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