Delta 9 Cannabis Inc. (OTCQX: DLTNF) (TSX: DN) has closed a transaction with Uncle Sam’s Cannabis Ltd. and Wissam El Annan to acquire all or substantially all of Uncle Sam’s assets relating to the operation of seventeen retail cannabis stores in Alberta.
Cannabis stocks hit some new highs on Wednesday ahead of what could be pivotal legislation in the form of the Marijuana Opportunity, Reinvestment, and Expungement, MORE Act, which the
New Jersey Senate president Nick Scutari (D) called delays in rolling out the state’s legal marijuana market unacceptable and is intending to form a special legislative committee to explore the issue through oversight hearings.
Companies Reporting Before The Bell
• 36KR Holdings (NASDAQ:KRKR) is projected to report quarterly loss at $0.02 per share on revenue of $15.62 million.