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Here’s what cannabis investors need to know before the markets open on December 19th, 2018 (in no particular order):
- Aleafia Health Inc. (TSXV:ALEF) (OTC:ALEAF) and Emblem Corp. (TSXV:EMC) (OTC:EMMBF) announced that they have entered into a definitive agreement under which Aleafia will acquire all of Emblem’s issued and outstanding common shares in an all-share transaction currently valued at approximately $173.2 Million CAD.
- Terra Tech Corp. (OTC:TRTC) issued an official response to “meritless” allegations in a lawsuit filed against the company in the State of Nevada by Heidi Loeb Hegerich related to MediFarm I, LLC, which owns the Blüm dispensary in Reno, NV.
- CannTrust Holdings Inc. (TSX:TRST) (OTC:CNTTF) issued a shareholder update to highlight recent developments regarding the company’s expansion plans which will bring the company’s capacity to 50,000 kg per year.
- Shares of Canopy Rivers Inc. (TSXV:RIV) (OTC:CNPOF) have received DTC full service eligibility in the United States. DTC settlement services provide a more efficient and lower cost settlement process for investors and brokers trading Canadian securities in the United States.
- Last, but not least, the City of West Hollywood, California released its top-ranking cannabis business license applicants.
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