Licensed medical marijuana producer Aurora Cannabis is looking to raise up to 230 million Canadian dollars ($185 million), a sum CEO Terry Booth called “the largest bought deal financing” to date in the Canadian cannabis sector. That will be on top of about CA$600...
Canopy Growth plans to exercise an option to develop an additional 1.7-million-square-foot greenhouse in British Columbia, bringing its production space in the province to 3 million square feet once the facilities are fully licensed. In...
The Australian government plans to allow exports of medical marijuana in an attempt to grab a piece of growing demand for MMJ worldwide. Regulations currently banning exports of medicinal cannabis products will be removed when Parliament resumes in February, according...
A Canadian medical marijuana grower is partnering with a major European greenhouse operator to create “Europe's largest” medical cannabis producer in Denmark, becoming the second licensed cultivator to build a facility in the Scandinavian country. Alberta-based Aurora...
Emerald Health Therapeutics signed a deal to raise 15 million Canadian dollars ($12 million) - funds the British Columbia-based licensed producer plans to put toward production and growth plans. Under the agreement, a single Canadian institutional accredited investor...
Canadian marijuana stocks initially tumbled Thursday but then pared their losses after U.S. Attorney General Jeff Sessions abandoned an Obama-era policy that permitted the cannabis industry to operate in states across America.
Analysts said the surprise decision could end up being a “net positive” for Canadian firms with no U.S. operations – and funnel more investment money into local cannabis businesses
A decision is reportedly coming this month on whether British Columbia will allow recreational cannabis and liquor to be sold in the same location. The province has said it would give entrepreneurs the opportunity to participate in recreational sales of marijuana next...
CannaRoyalty said two California companies it is acquiring have received licenses to operate in the state's new recreational cannabis market, positioning the Ontario-based business to capitalize on the largest legal cannabis market in the world. Alta Supply's license,...
A Canadian medical marijuana producer announced a stock-purchase deal to raise 40 million Canadian dollars ($32 million) in capital, which it intends to apply to research and development.
After the deal closes later this month, Cronos will have raised more than CA$130 million since the beginning of 2017, including CA$40 million in debt.
Two British Columbia-based marijuana companies agreed to a merger, creating what they're billing as Canada’s first retail-focused, craft cannabis producer. DOJA Cannabis, traded on the Canadian Securities Exchange, and Tokyo Smoke are joining forces to form Hiku...
Canada’s largest pharmacy chain signed up another major supplier of medical marijuana, further cementing what analysts called the "groundbreaking" entry of traditional pharmacies into the MMJ industry earlier this month. The latest deal has Shoppers Drug Mart entering...
Cronos Group isn’t the kind of company to promise the moon and deliver a pizza. That’s why the Toronto-based firm announced its intentions for a massive expansion after breaking ground on a 315,000-square-foot facility earlier this year. It’s all part of CEO Mike...
