Author: Vitaliy Dadalyan

Curaleaf Completes the Acquisition of Grassroots Creating the World's Largest Cannabis Company

WAKEFIELD, Mass., July 23, 2020 /CNW/ -- Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) ("Curaleaf" or the "Company"), the largest vertically integrated cannabis operator in the United States, today announced that it closed its milestone acquisition of GR Companies, Inc. ("Grassroots"), the largest private vertically-integrated multi-state operator in the United States, on July 23, 2020. With completion of the acquisition of Grassroots, Curaleaf is the world's largest cannabis company by revenue and the most diversified vertically integrated cannabis company in the United States, the world's largest cannabis market....

Nvidia Eyes Biggest-Ever Chip Deal in Pursuit of SoftBank’s Arm

(Bloomberg) -- Arm Ltd., the chip designer that’s one of SoftBank Group Corp.’s most prized holdings, is attracting takeover interest from Nvidia Corp. in what could become the biggest-ever semiconductor deal, people with knowledge of the matter said.Nvidia, the world’s largest graphics chipmaker, made an approach in recent weeks about a potential deal for Cambridge, England-based Arm, according to the people. SoftBank has been exploring options to exit part or all of its stake in the business, which it acquired for $32 billion in 2016, Bloomberg News has reported.Other potential bidders could also emerge, the people said, asking not to be identified because the information is private. Nvidia’s interest may not lead to a deal, and SoftBank could opt to pursue a listing of the business instead, the people said. Representatives for SoftBank, Arm and Nvidia declined to comment.Arm’s technology underpins chips in everything from Apple Inc. devices to connected appliances....