Cannabis companies raised $1.4 billion in January

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Insider Cannabis: Cannabis companies raised $1.4 billion in January — A new kind of cannabis software — Top Dems push cannabis reform

, including executives and activists. of medical cannabis firm Zelira Therapeutics. Former CEO Dr. Richard Hopkins stepped down in February.Kanabo, a medical cannabis vape company, went public on the London Stock Exchange on Tuesday. It's the first cannabis company to go public in the UK, and founder Avihu Tamir told Insider he hopes it will pave the way for London to become a center of medical cannabis. Kanabo shares quickly doubled on debut before slipping later in the week.

There's another cannabis SPAC. Choice Consolidation Corp., led by former Cresco Labs president Joe Caltabiano,NBA All-Star Chris Webber and investment fund JW Asset Management they would be launching a $100 million cannabis impact fund that would invest in entrepreneurs of color in the cannabis industry.that it would be acquiring digital health and AI company HealthMode for around C$41 million in stock and C$300,000 in cash.it was acquiring Zenabis Global for C$235 million in stock, marking the latest blockbuster M&A cannabis deal., a chain of hydroponics centers, giving the combined firm a larger footprint in Colorado and Oklahoma.

 

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