Marijuana Stocks & Publicly Traded Cannabis Companies


Canada gets first training program for rec cannabis retail workers

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 new program, which will first be offered to public-sector cannabis employees within New Brunswick. The training also will be […]

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Global cannabis market poised for 1,000%-plus growth to $140B, report predicts

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 market to take share from, but legalisation itself seems […]

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Italy addresses ‘systematic’ medical marijuana shortage with help from Canadian companies

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 seven companies in Italy with a license to import medical cannabis. Hours later, the German […]

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Aurora Cannabis says it has ‘open mind’ in merger talks with CanniMed

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 producer CanniMed for 544 million Canadian dollars ($425 million) in stock, a deal that would be the […]

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Tilray signs medical cannabis supply deal with Canada’s Shoppers Drug Mart

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 nationwide through its online store, including whole flower, oil and capsules. The products will […]

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Canopy enlists first major bank to lead CA$175M marijuana equity financing

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 subsidiary, BMO Capital Markets, and GMP Capital are co-leading the stock-purchase deal that will allow Canopy to […]

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Canadian marijuana companies opening wallets to tap California market

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. Executives at the companies – whose shares trade on the Canadian Securities Exchange (CSE) – said they hope to capitalize on: Access to […]

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Canadian-listed marijuana company buys Florida MMJ license holder for $48M

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 GrowHealthy Holdings for $30.5 million in stock and $17.5 million in cash. GrowHealthy and its affiliate, McCrory’s Sunny Hill […]

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Prince Edward Island taps marijuana growers; will use government-owned shops

Prince Edward Island has tapped three licensed producers to supply it with marijuana, while the province plans to sell adult-use cannabis products through four government-owned stores when sales are legalized this year. The move means neighboring Newfoundland will be the only province east of Manitoba to involve the private sector in marijuana sales. In announcing its […]

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Canadian regulatory group reviews US risk disclosure for cannabis stocks

An umbrella group for Canada’s securities regulators is reviewing whether its disclosure-based guidelines for companies with U.S. marijuana-related activities remain appropriate in light of Attorney General Jeff Sessions’ decision to revoke Obama-era protections for state-legal MJ businesses. The move by the Canadian Securities Administrators (CSA) comes after the organization issued disclosure-related guidelines last fall. Fifty-six […]

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Canadian marijuana grower spends CA$233M on British Columbia, Australia deals

One of Canada’s largest licensed medical marijuana producers got even bigger, buying rival British Columbia cultivator Broken Coast Cannabis for 230 million Canadian dollars ($185 million) in stock and cash. Aphria, based in Leamington, Ontario, also expanded its presence in Australia, purchasing a 25% stake in an Australian MMJ producer for CA$2.5 million. Aphria’s acquisition […]

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Provincial Preview: Quebec cannabis market isn’t the entrepreneurial wasteland you might think it is

Quebec’s nascent marijuana industry may be home to a disproportionately small number of licensed producers and off-limits to entrepreneurs in the retail sector, but that doesn’t mean the province lacks opportunity.

You just need to know where to look, particularly among cannabis-related ancillary businesses.

The province’s medical market, for one, has nowhere to go but up.

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