Cannabis Stock News Daily Roundup March 26

ME Staff - finance.yahoo.com Posted 5 years ago

SOL Global Investments (CSE: SOL) (OTCQB: SOLCF) (Frankfurt: 9SB) reported investment in premium soda-maker Jones Soda Co. (OTCQB: JSDA). SOL has acquired 3,396,049 common shares of Jones Soda in the open market.

Neptune Wellness Solutions (NASDAQ: NEPT) (TSX: NEPT) has completed initial commercial production lots and is now shipping cannabis extracts from its licensed, GPP facility in Sherbrooke, Quebec.

Cannara Biotech (OTCMKTS:CNBTF) (FRA: 8CB) subsidiary Global shopCBD.com has closed private rounds of financing of around $8.87 million. Cannara is the majority shareholder of the U.S. based online e-commerce platform with an approximately 61% ownership position.

Orchid Ventures (CSE: ORCD) started trading on the CSE under the ticker ORCD on March 18. The cannabis company is focusing on the Oregon and California markets.

After approval from the Louisiana Department of Agriculture and Forestry, GB Sciences (OTCQB: GBLX) is now ready to begin full operations within the LSU Agricultural Center.

Liht Cannabis Corp. (CSE: LIHT) (OTCQX: LIHTF) reported the closing of a non-brokered private placement financing. A total of 2,125,000 units were issued under the financing at $0.20 per unit for proceeds of $425,000.

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