Aurora Cannabis Inc. agreed to proceed with its 3.2 million Canadian dollar ($2.5 million) strategic investment in Hempco Food and Fiber Inc., securing a 19.9 percent stake in the Burnaby, British Columbia-based company and access to a rapidly growing health...
Manitoba's government is reaching out to potential cannabis producers and retailers as it considers how marijuana would be produced, distributed and sold in the province when it’s legalized in Canada next summer. The move comes less than a week after Premier Brian...
An Australian medical marijuana company is acquiring Nova Scotia-based Mernova Medicinal for 10.1 million Canadian dollars ($8.1 million) in the latest example of foreign interest in Canada’s booming MMJ market and next summer’s anticipated recreational cannabis...
Licensed producers in Canada should ramp up production capacity in the next 12 months in order to meet consumer demand when the country’s recreational marijuana industry is expected to be legalized next summer, according to one cannabis executive. “We need to expand...
By Matt Lamers
Most of Canada’s provinces are soliciting input from medical cannabis companies, the public and other stakeholders to help shape the regulatory foundations of the country’s recreational marijuana industry.
The results could have a profound impact on existing and future businesses.
Aurora Cannabis Inc. will become the fifth marijuana company on the Toronto Stock Exchange when its shares begin trading there Monday, the latest sign that Canadian MJ businesses are joining the mainstream. Vancouver-based Aurora joins Aphria, Canopy Growth, CanniMed...
