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High Tide Enters Germany’s Medical Cannabis Market By Acquiring 51% Of Purecan

Canada-based cannabis company High Tide has entered the German medical cannabis market by purchasing a 51% stake in Frankfurt-based pharmaceutical company Purecan.

MarketWatch · 1d

High Tide Gains Foothold in Germany in Purecan Stake Acquisition

The Canadian cannabis company said Monday that it has agreed to pay 4.8 million euros ($4.9 million) for a 51% stake in Purecan, noting that the deal implies an enterprise value of EUR9.5 million. High Tide will issue EUR2.

Stockhouse on MSN · 1d

High Tide acquires German pharma wholesaler Purecan

Canada’s largest cannabis retailer, will take its talents into the German medical cannabis market by acquiring 51 per cent of pharmaceutical wholesaler Purecan GmbH for €4.8 million ・The purchase price entails a valuation of 3 times annualized adjusted EBITDA ・High Tide operates 191 cannabis retail locations across Canada,

The Canadian Press on MSN · 1d

High Tide signs deal for majority stake in German medical cannabis company Purecan

Cannabis retailer High Tide Inc. has signed a deal to acquire a 51 per cent stake in German medical cannabis company Purecan GmbH in a deal worth about 4.8 million euros or about $7.1 million.

20h

Cannabis Cocktails Are Growing Quickly, But the Law Might Stop That Soon

THC-infused hemp drinks are all the rage, but legal questions loom.

KOIN Portland on MSN7h

Portland cannabis shop faces $10,000 lawsuit after customer hospitalized for overdose: Court docs

A Portland cannabis shop is facing a $10,000 lawsuit after a customer claims he ended up in the hospital after trying a THC ...

9h

Sustainability Takes the Stage: A Bright Green Future for the Cannabis Industry in the New Year

As the new year begins, the cannabis industry is embracing sustainability with eco-friendly packaging, energy-efficient ...

Hosted on MSN1h

Arrest made in Northeast Jackson cannabis dispensary break-in

Jackson police say a man is in custody in connection to the break-in at DABBS Cannabis Dispensary. In a news release, they ...

3hon MSN

Jaws of life used to pry open ATM at former SuperSonic Shawn Kemp's cannabis dispensary

Seattle Supersonic legend, and NBA Hall of Famer Shawn Kemp is affectionally known as the "Reign Man." But now, he says, he ...

1don MSN

Biggest Challenges for the Cannabis Industry in 2025

The U.S. cannabis industry faces five major hurdles holding back its growth, even as sales are projected to reach a record ...

Could new Trump administration ease federal limits on cannabis?

While on the 2024 campaign trail, the president-elect voiced support for marijuana, “smart regulations” and ending “needless ...

2don MSN

We looked at 54 medicinal cannabis websites to see if they followed the rules. Here’s what we found

Aggressive and misleading marketing is fuelling demand for medicinal cannabis. Here are some of the ways clinics bend the ...

The Daily Item9h

Accidental edible cannabis ingestion a major concern for pediatricians

A rise in cases of children ingesting edible cannabis concerns pediatric care professionals. Ingestion of tetrahyocannabinol ...

Public comment period now open for draft cannabis regulations

OCM officials on Monday released a 131-page document outlining the state's tentative cannabis rules for "all cannabis and ...

1d

When can recreational cannabis businesses open in Minnesota?

What's called an "expedited comment period" opened Monday for recreational marijuana in Minnesota. But how close are we to ...

KOAA Colorado Springs, CO on MSN4h

Supporters of recreational cannabis sales urge city officials to take steps for new law

Local cannabis stores and supporters of recreational cannabis sales sent a letter to the Colorado Springs city officials to ...

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