
Cannabis Telehealth Platform Veri Medtech Sets Terms for $15m Nasdaq IPO
Veriheal parent Veri Medtech Holdings has priced a $15m IPO at $4 per share, with plans to uplist from the OTC market to Nasdaq.

Veriheal parent Veri Medtech Holdings has priced a $15m IPO at $4 per share, with plans to uplist from the OTC market to Nasdaq.

Cannara Biotech has completed its $2.8m all-cash acquisition of Medican Organic, finalising ownership of the Valleyfield cultivation operation it first acquired in 2021.

ACE Venture has closed its 51% acquisition of Vireo Health New York, taking control of the vertically integrated medical operator and unveiling Boukét as a new cannabis lifestyle brand for the state.

Cannabis wholesale platform Nabis is acquiring Hudson Distribution Services’ New Jersey distribution licence and warehouse lease, marking its entry into a fourth US state.

Cannabis multi-state operator Vireo Growth has agreed to acquire Florida-based FLUENT in an all-stock deal, creating a combined operator with around 74 stores in the state and accelerating consolidation across US MSOs.

January 3, 2022 Cannabis Daily Transcript Good morning my name is Jay Rosenthal and I’m the Managing Director of Business