2 medical cannabis companies serving Virginia to merge

By The Associated Press
December 23, 2020 | 11:38 AM

RICHMOND, Va. — Two medical cannabis companies serving Virginia have agreed to merge.

The Richmond Times-Dispatch reports that New York-based Columbia Care Inc. plans to acquire Maryland-based Green Leaf Medical LLC for $240 million.

Green Leaf secured approval in 2018 from the Virginia Board of Pharmacy to be the lone medical cannabis licensee for an area that includes Richmond and parts of Southside Virginia.

Columbia Care holds the license for the Hampton Roads region.

The deal is expected to close in the summer.

Asian shares mostly fall and US futures are little changed after US inflation data improves

By The Associated Press
August 14, 2026 | 2:06 AM

BANGKOK (AP) — Shares mostly declined Friday in Asia and U.S. futures were little changed after U.S. inflation data showed a better-than-expected improvement in July. Oil prices were holding steady after slipping in recent days. Tokyo's Nikkei 225 index gained 0.3% to 68,533.85, while the Kospi in South Korea rose 1.3%, to 6,924.74. In Hong Kong, the Hang Seng lost 1% to 25,137.87. The Shanghai Composite index was 0.5% lower at 3,908.05.

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