News

A former prison has found new life as a legal cannabis farm. What used to be Claremont Custody Centre in California is now a bustling business, with cannabis growing in the garden while staff make edibles in the kitchen and assemble pre-rolled joints in the mess hall.

Burges Salmon has advised Edinburgh-based specialist consumer brand investor and long-standing client Inverleith LLP on the acquisition of a majority stake in Farmison & Co, a UK-based online butcher. Focused on British heritage, rare breeds and an ethical, sustainable supply chain, Farmison has

Grant Thornton UK's Corporate Finance team has advised on the sale of education-technology (EdTech) company Sumdog to a Scandinavian buyer, eEducation Albert (Albert), with more activity in the sector expected amid significant investor demand. Headquartered in Edinburgh, Sumdog was founded in 1994 a

Edinburgh-based ready meal provider Parsley Box has announced a proposed equity fundraising of approximately £5.9 million. The fundraiser will work by way of a placing and subscription at a price per share of 20 pence.

Gross domestic product (GDP) bounced back in January 2022, increasing by 0.8% after falling by 0.2% in December 2021, according to the latest figures published by the Office for National Statistics (ONS).

Tayside-based civil engineering contracting company Kilmac Limited is adopting employee ownership – guaranteeing the future of 130 jobs. Kilmac Limited is being placed in an Employee Ownership Trust (EOT) by its founders Athole McDonald and Richard Kilcullen, 18 years after its inception.

AMPYR Solar Europe (ASE), a pan-European solar developer, and Edinburgh Airport Limited have announced a deal to develop a new solar farm linked with battery technology and electric vehicle charging infrastructure at Scotland’s busiest airport.

Fife-based whisky retailer The Whisky Barrel has released one of the world's first single-cask whiskies with a digital provenance certificate (DPC). The firm decided to use Non-Fungible Tokens (NFTs) to digitally certify its whisky, in recognition of the growth of virtual collections.

Newburgh-based Lindores Abbey Distillery has announced that it plans to cut its ties with Russian investors and move to complete Scottish ownership. The Fife-based distillery is majority-owned by a Russian controlled holding company that has supplied the business with over £10 million.

Scots have been warned to be aware of scammers attempting to exploit the humanitarian crisis in Ukraine by taking advantage of people who want to help. Advice Direct Scotland, which runs the country’s national consumer advice service consumeradvice.scot, highlighted a range of ways fraudsters

Stuart & Stuart WS and Thomsons Solicitors, two of Scotland’s oldest legal firms have announced a merger. The newly expanded business totalling 564 people, of which 71 are partners.

Ayrton Senna's historic 1989 McLaren F1 car has been sold through cryptocurrency at a sale at the Himalaya Exchange.

Aberdeenshire-based environmental service company Legasea has successfully secured £187,950 funding from Scottish Enterprise to develop its ground-breaking Shore to Store service, whilst creating green jobs. The project will reduce the carbon footprint of subsea decommissioning operations, by

A free six-month development programme run by Highlands and Islands Enterprise (HIE) for small to medium sized businesses has opened for applications. The Pathfinder Accelerator provides fast-track training and mentoring for entrepreneurs looking to build a company or launch a new product.

Kingdom Housing Association (KHA) has secured a further £25 million private placement from an existing investor to support its ongoing development programme.