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The Week In Cannabis: Federal Drug Decrim, Connecticut, Louisiana, Big M&A Moves And More

By Javier Hasse
Today, 7:58 AM
U.S. House Reps Bonnie Watson Coleman (D-NJ) and Cori Bush (D-MO), in collaboration with the Drug Policy Alliance, introduced the Drug Policy Reform Act (DPRA): a bill seeking to end criminal penalties for drugs possession at the federal level.

AQSP

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1 minute read
  • Biotech
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Hutchmed Files For Over $600M Hong Kong IPO

By Vandana Singh
Today, 7:58 AM
Hutchmed (China) Limited (NASDAQ:HCM) will look to raise $603 million as part of a Hong Kong IPO, listed in the…

HCM

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2 minute read
  • Cannabis
  • Financing
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Cannabis Co. Columbia Care To Raise Up To $74.5M Via Private Placement Offering Of 6% Secured Convertible Notes

By Jelena Martinovic
Today, 7:58 AM
Columbia Care Inc. (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP) is poised to secure up to $74.5 million in financing through a private placement of 6% secured convertible notes.

CCHWF

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1 minute read
  • Financing
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Poly Says On Jun. 15 Entered Interest Rate Hedge Transaction

By Bill Haddad
Today, 7:58 AM
 Poly (NYSE:POLY), a global outfitter of professional-grade audio and video technology, today announced that on June 15, 2021 the Company entered into an interest rate hedge transaction designed to

POLY

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1 minute read
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AppHarvest Signs Credit Facility Agreement With Rabobank

By Shivani Kumaresan
Today, 7:58 AM
Agriculture technology company AppHarvest Inc (NASDAQ:APPH) has signed a credit facility agreement with Rabo AgriFinance, a subsidiary of Rabobank, a Dutch financial services company.  Rabobank…

APPH

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1 minute read
  • Financing
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Ituran’s Bringg Completes $100M Series-E Investment Round

By Bill Haddad
Today, 7:58 AM
Ituran Location and Control Ltd. (NASDAQ:ITRN), today announced that its successful early-stage mobility technology holding, Bringg, completed a series-E investment round of $100 million. Following the round,

ITRN

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1 minute read
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MacroGenics, Zai Lab Ink Over $1.4B Immuno-Oncology Development Deal

By Vandana Singh
Today, 7:58 AM
MacroGenics Inc (NASDAQ:MGNX) and Zai Lab Limited (NASDAQ:ZLAB) have entered into an exclusive collaboration and license agreement involving up to four immuno-oncology molecules.…

MGNX

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2 minute read
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Why Nio Is Investing In Chinese Online Used Car Dealer Uxin

By Shanthi Rexaline
Today, 7:58 AM
Chinese EV manufacturer NIO Inc - ADR (NYSE: NIO), which has a strong competitive positioning in the Chinese EV market, is investing in a used car retailer.

NIO

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1 minute read
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Chinese Used Car Dealer Uxin Secures $315M Financing

By Anusuya Lahiri
Today, 7:58 AM
Uxin Ltd (NASDAQ:UXIN) inked agreements with NIO Capital and Joy Capital to invest a total of up to $315 million in…

NIO

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Unique Fabricating Shares Jump After Forbearance Agreement Extension

By Shivani Kumaresan
Today, 7:58 AM
Engineering and manufacturing company Unique Fabricating Inc (NYSE:UFAB) announced the extension of the Forbearance Agreement with its lenders. The extension is through…

UFAB

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