Aurora Cannabis received the green light from Canada’s Competition Bureau to proceed with its acquisition of CanniMed Therapeutics, clearing the way for the creation of the second-largest marijuana company in the country. The acquisition puts the Alberta-based licensed cannabis producer in the same league as Canopy Growth, the largest Canadian company, said Russell Stanley, an […]Read More
The largest drugstore chain in Canada, Shoppers Drug Mart, continues to secure medical cannabis deals ahead of what is expected to be a tight supply market for the product, at least in the near term. In the latest deal, Aurora Cannabis agreed to become a medical cannabis supplier to Toronto-based Shoppers. Financial terms and the […]Read More
Toronto-based Nuuvera has signed an offtake agreement with Verve Dynamics, a licensed medical cannabis producer in the kingdom of Lesotho.
Lesotho, a landlocked country located within the borders of South Africa, was the first African country to regulate the cultivation and production of medical marijuana products.Read More
A Canadian marijuana company will become the first “pure play” cannabis listing on a major U.S. stock market, an important milestone for the cannabis industry.
Cronos Group, one of Canada’s largest vertically integrated medical marijuana companies, will start trading Tuesday on the Nasdaq Global Market under the symbol CRON. Cronos will maintain its listing on Toronto’s TSX Venture Exchange.Read More
The marijuana industry is fighting a high-stakes court battle to force the Israeli government to approve medical cannabis exports sooner rather than later. The decision by industry advocates to go to court comes as Israeli lawmakers prepare to debate the country’s medical cannabis export policy on Monday. The outcome is huge for dozens of international […]Read More
CannTrust Holdings is set to become the first marijuana company to graduate to Canada’s senior stock market since listing requirements were clarified for companies with U.S. assets. The Toronto Stock Exchange (TSX) has given the Vaughan, Ontario-based company initial approval for the move. As part of its ascent, CannTrust will “assign its interest” in the U.S. intellectual […]Read More
A bill to regulate the production of medical marijuana in Malta would make the country among the first in the European Union to lay the groundwork for cannabis manufacturing and position it as a supplier in the 28-nation bloc, according to executives and analysts. The Production of Cannabis for Medicinal Use Act, which would apply […]Read More
Nova Scotia may be off-limits for retail marijuana entrepreneurs, but dig a little deeper and a picture emerges of a potential hotbed for other cannabis business opportunities.
The province boasts tax credits that greatly benefit new businesses.
It also has affordable real estate and an abundant, highly educated, workforce.Read More
A Toronto craft brewer has partnered with one of the largest medical cannabis companies in Canada to create a “cannabis-inspired beer” in a project that could be the start of cross-industry collaboration on product development and branding in the nation. It’s the first time a Canadian licensed cannabis producer has worked with a local craft […]Read More
Can the U.S. cannabis industry claim its first plant-touching “unicorn” – a company valued at $1 billion? Captor Capital, a Toronto-based investment firm, certainly thinks so. In January, Captor announced it entered into a nonbinding letter of intent to purchase 3% of the California-based cannabis management and investment firm MedMen Enterprises for $30 million. The […]Read More
Licensed marijuana producers from across Canada are scheduled to sit down next week with Ontario government representatives to learn more details on how they can get their products in provincially owned MJ stores. With adult-use legalization in Canada looming this summer, Ontario will be the largest market for recreational cannabis. At Tuesday’s meeting, the Ontario […]Read More
Quebec has entered into multiyear agreements with licensed producers to supply over 60,000 kilograms of cannabis for the province’s retail and online recreational stores.
With adult-use legalization in Canada looming late this summer, the province is the largest market so far to start securing a supply of cannabis.Read More
- May 18, 2018
- May 15, 2018May 15, 2018
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