Marijuana Stocks & Public Companies

Aurora Cannabis clears final regulatory hurdle in CA$1.2B CanniMed acquisition

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 […]

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Canadian pharmacies strengthen supply network for medical marijuana

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 […]

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African marijuana producer signs supply deal with Canadian company

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.

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Cronos lists on Nasdaq, as US gets first ‘pure play’ marijuana stock on major exchange

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.

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Marijuana industry goes to court to force Israeli government to permit MMJ exports

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 […]

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CannTrust gets initial OK to list on Toronto Stock Exchange

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 […]

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Toronto craft brewer, MedReleaf team up for ‘cannabis-inspired beer’

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 […]

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A $1 billion cannabis company? Recent deals shed light on marijuana valuations

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 […]

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Ontario set to lay out how it will procure marijuana for recreational sales

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 […]

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