Atai Launches $214 Million Nasdaq IPO Offering
Psychedelics biotech platform Atai life Sciences has announced an initial public offering of approximately 14 million of its common shares, ahead of the company’s expected Nasdaq listing.
As we near the end of the first half of 2021, we can see cannabis stocks traded mostly up by double digits, with the Amplify Seymour Cannabis ETF (NYSE: CNBS) delivering gains of more than 50% year-to-date.
This week, however, stocks posted mixed performances.
Flora Growth Corp. (NASDAQ: FLGC) made a strategic investment of 2 million Euros ($2.42 million) in Hoshicap Portugal Unipessoal Lda, a subsidiary of Hoshi International. The investment will solidify Flora's position as a preferred strategic supplier to Hoshi's EU processing facilitie
Columbia Care Inc (OTC: CCHWF) has launched Forage, a cannabis discovery tool designed to make product recommendations curated based on your mood, activity and consumption preference.
CURE Pharmaceutical (OTC: CURR) has signed an agreement with Biopharmaceutical Research Company (BRC) to produce federally compliant medical cannabis, CBD and THC products.
Columbia Care Inc. (NEO: CCHW) (OTCQX: CCHWF) revealed Friday it has finalized its purchase of privately-held cannabis company Green Leaf Medical, LLC, for $240 million in stock and cash.