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Can South Africa challenge Canada for global cannabis export dominance?
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Aphria-Tilray cannabis merger talks overcame pandemic pause, rival bidder and other hurdles, proxy reveals
On-again, off-again merger talks between rival cannabis producers Tilray and Aphria had their genesis in October 2019 when an unidentified investment bank active in the marijuana space pitched a meeting…
News February 25
Canadian pension fund unloads some cannabis shares, adds Aphria
A large Canadian pension manager unloaded some marijuana investments over the past couple of years while raising its holdings in licensed producers Aphria and Aurora Cannabis, according to regulatory filings…
News February 24
Missouri pushes back deadline for medical cannabis businesses to open
Missouri regulators have extended the deadline for the state's medical marijuana companies to open after the bulk of them failed to meet the one-year operating cutoff.
News February 24
Marijuana MSO Verano raises CA$100 million, announces Arizona acquisition
Chicago-based multistate marijuana firm Verano Holdings raised slightly more than $100 million Canadian dollars ($79.7 million) through a bought deal private placement of special warrants. Underwriters led by Beacon Securities and…
News February 24
Two Missouri medical cannabis applicants win permits after court battle
Two medical cannabis license applicants in Missouri will be able to do business in the state after winning a protracted court battle.
News February 24
Sales of cannabis pre-rolls up nearly 50% in 2020 despite pandemic
Marijuana pre-rolls are the second-fastest growing product category year-over-year despite conventional wisdom that the often-shared product would suffer during a global pandemic caused by a respiratory-related virus.
News February 24
Canadian marijuana firm Canopy Growth files $2 billion shelf prospectus
Canadian marijuana producer Canopy Growth filed a preliminary short-form base shelf prospectus enabling the company to raise up to $2 billion (2.5 billion Canadian dollars) in one or more series…
News February 23
Aurora says its Danish cannabis has reached German pharmacies
A subsidiary of Canada’s Aurora Cannabis says its “made in Denmark” medical cannabis products have reached some Germany pharmacies for the first time – a milestone that was years in…
News February 23
Marijuana packaging firm KushCo raises $40 million in direct stock offering
California-based marijuana company KushCo Holdings said it expects to net about $40 million from the sale of securities in a direct offering to investors. The provider of packaging and other…
News February 23
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