Key Takeaways; Cannabis Sector Greenlane provided an update on its strategy to generate more than $30 million in improved liquidity by year-end, as a result its stock price surged over 29%. iAnthus announced closing of recapitalization transaction, raising $25 million additional financing. Sundial Growers entered into a bid agreement for Zenabis Global’s assets. Key Takeaways; […] The post Weekly Roundup on the Cannabis Sector & Psychedelic Sector appeared first on Market Exclusive.
iAnthus Capital Holdings, Inc. ("iAnthus" or the "Company") (CSE: IAN) (OTCPK: ITHUF), which owns, operates and partners with regulated cannabis operations across the United States, announces today that it has completed its previously announced recapitalization transaction (the "Recapitalization Transaction") pursuant to the terms of a restructuring support agreement (the "Restructuring Support Agreement"), dated July 10, 2020 and as amended June 15, 2021, between the Company, all of the holders