Grassroots Archives

StaffJuly 23, 2020

Curaleaf Holdings, Inc. (OTCQX: CURLF) closed on its previously announced acquisition of GR Companies, Inc. also known as Grassroots on July 23, 2020. Curaleaf stock was higher by almost 3% to $7.39 on the news as it has been almost a year since it was first announced. The stock is nearing its year high of $8.21. The […]

Debra BorchardtJuly 21, 2020

Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF)closed on a C$34 million offering that was announced on July 2, 2020. The company said proceeds of the offering will be used to fund Grassroots’ high-return expansion projects, replenish its working capital as well as for general corporate purposes. Joseph Lusardi, CEO of Curaleaf, said, “Our successful completion of this […]

StaffJuly 8, 2020

It’s time for your Daily Hit of cannabis financial news for July 8, 2020. On the Site KushCo KushCo Holdings, Inc. (OTCQX:KSHB) reported that its net revenue dropped 46% in its fiscal third-quarter ending May 31, 2020. The net revenue of $22 million was also lower than what the company has forecast in March when […]

Debra BorchardtJune 4, 2020

Grassroots Cannabis has sold two facilities it operated in North Dakota to Scythian Real Estate. Scythian purchased the properties from Grassroots Cannabis for $3.4M. Grassroots is going to lease back the properties. Grassroots Cannabis will continue to operate both North Dakota locations under the name Herbology, offering high-quality medical marijuana products including flower, concentrates, tinctures, vape pens […]

StaffMarch 5, 2020

This week marks the annual Philadelphia Flower Show, the oldest and largest horticultural event in the US. While there won’t be any cannabis plants on display due to Pennsylvania state law, cannabis is still front and center at this year’s show, with a booth and educational sessions being run by the cannabis-focused marketing firm Chronic. The Philadelphia […]

Debra BorchardtJuly 17, 2019

Curaleaf Holdings Inc. (NURLF) stock popped almost 20% on the news it was acquiring privately-held multi-state operator Grassroots or GR Companies Inc. in a deal valued at $875 million. The deal will be made up of 108.8 million shares and $75 million at the closing which is expected in early 2020. If the deal is […]

Debra BorchardtOctober 31, 2018

As the landscape for multi-state operators gets more and more crowded, it’s becoming difficult to differentiate between them all. Grassroots Cannabis is the latest to toss its hat into the ring. It was founded by Mitch Kahn in Illinois and the company currently holds 27 licenses with operations in six states. Grassroots’ operations are in […]

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Tag: Grassroots

Curaleaf Stock Pops On Closing Grassroots Acquisition

Curaleaf Closes C$34 Million Offering

The Daily Hit: July 8, 2020

Grassroots Sells Two Facilities To Scythian Real Estate

Cannabis Blossoms at Philly Flower Show

Curaleaf Stock Jumps On $875 Million Grassroots Acquisition

Grassroots Wants To Be The Next Biggest Multi-State Operator

The Daily Hit - TEST TEST TEST

Lykos Therapeutics Secures $100M in Series A Funding, Rebrands from MAPS PBC

Functional Mushrooms Move Into Mainstream as Wellness Trend Grows

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