International Marijuana Business News

Aurora’s CA$200M loan another sign Canadian banks are opening to cannabis firms

After years of sitting on the sidelines, Canada’s top-tier financial institutions are increasingly teaming up with the country’s biggest cannabis companies to help fund their aggressive growth plans. Alberta-based Aurora Cannabis on Tuesday tapped the Bank of Montreal – Canada’s fourth-largest bank by revenue – for 200 million Canadian dollars ($150 million) in debt. The deal […]

Read More

Canadian cannabis company Tilray files for IPO, eyes Nasdaq listing

Tilray, the British Columbia cannabis company owned by Seattle private equity firm Privateer, filed paperwork with the U.S. Securities and Exchange Commission on Wednesday to go public. The vertically integrated grow, processing and distribution company – one of the bigger cannabis companies in Canada – intends to list on the Nasdaq Global Select Market under […]

Read More