Marijuana companies looking to access the debt market to expand their business have a new lender they can turn to for funding. Trichome Yield Corp. will provide debt financing and offer a suite of professional services for emerging and established cannabis companies,...
A proposed excise tax on medical marijuana in Canada could push even more patients to the black market and curb demand in the regulated market, executives, economists and patients told Marijuana Business Daily. The federal government plans to apply the same 10% excise...
A hostile takeover attempt turned friendly Wednesday when two of Canada’s largest marijuana producers agreed to bury the hatchet and combine their operations to become one of the world’s largest cannabis companies.
After five days of marathon negotiations, Saskatchewan’s CanniMed Therapeutics accepted Aurora Cannabis’ sweetened cash and share offer worth 1.2 billion Canadian dollars ($900 million).
Canopy Growth has become the first major licensed producer of medical marijuana in Canada to announce plans for its own stand-alone retail recreational cannabis outlets. The Smiths Falls-based company aims to have its sales outlets up and running by the time cash...
New Brunswick's provincial-run alcohol retailer and one of Canada’s top marijuana producers are teaming up to develop a training program for recreational cannabis retail employees. NB Liquor and Smiths Falls-based licensed producer Canopy Growth Corp. will launch the...
The legal global cannabis market is poised for growth of more than 1,000% over the next decade and could reach $140 billion dollars by 2027, according to a new analysis by European investment bank Bryan, Garnier & Co. "Not only is there already a sizable black...
Two Canadian-based companies are turning to acquisitions and supply agreements to address a “systematic” shortfall of medical marijuana in Italy that's estimated to be in the thousands of kilograms. Toronto-based Nuuvera said last week it is acquiring one of only...
Potentially the largest acquisition in Canada’s burgeoning marijuana industry is going down to the wire, as Aurora Cannabis and CanniMed Therapeutics continue talks that started last week. In November, Aurora Cannabis launched a hostile takeover attempt of rival...
The largest pharmacy chain in Canada locked up another major supplier of medical marijuana, as drugstore chains across the country look to secure supply from a limited number of producers. Shoppers Drug Mart will carry Tilray-branded medical cannabis products for sale...
Canopy Growth became the first marijuana company in Canada to enlist a major Canadian bank to lead an equity-based funding, signaling a greater willingness by big financial institutions to provide financing to the nation's cannabis businesses. Bank of Montreal...
A handful of Canadian marijuana companies are already knee-deep in California, deploying millions of dollars in cultivation facilities, retail outlets and branded products to establish a footprint in the world’s largest marijuana market.
A New York-based marijuana investment company used cash and its Canadian-listed shares to fund a $48 million acquisition of a licensed medical marijuana business in Florida. iAnthus Capital Holdings, an investor in U.S. marijuana businesses, bought Florida's...
