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Lawsuit throws German cannabis program into limbo; deadline delayed to Dec. 11

November 15, 2018 · Updated August 15, 2019

Another lawsuit challenging the application process to grow medical cannabis in Germany could throw the already-delayed domestic cultivation plans even further into a state of uncertainty.

In an update to the public tender, the German Federal Institute for Drugs and Medical Devices (BfArM) disclosed a lawsuit filed in the Dusseldorf Higher Regional Court (OLG Dusseldorf).

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Aphria seeks EU GMP certification before closing deal for German distributor

November 9, 2018 · Updated August 15, 2019

Aphria, one of Canada’s largest medical cannabis companies, aims to obtain an essential European quality standard certification before closing its deal to buy a large distributor of pharmaceutical products in Germany. Aphria announced last week its intention to buy Densborn, Germany-based CC Pharma for 24.5 million euros ($28 million) in cash on closing and another […]

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Canadian cannabis firm Aphria approved for NYSE listing

October 30, 2018

Aphria, one of Canada’s largest cannabis producers, has been approved to list its shares on the New York Stock Exchange. The firm will trade on the NYSE under the ticker symbol APHA starting Nov. 2. The Ontario-based company joins a growing list of Canadian cannabis firms turning to the top U.S. exchanges to tap the […]

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Canadian marijuana producer Aphria aims to list on the New York Stock Exchange

October 19, 2018

Aphria, one of Canada’s largest cannabis producers, has filed documents with U.S. securities regulators signaling its intent to list its shares on the New York Stock Exchange. If approved, the Ontario-based company will join a growing list of Canadian cannabis firms turning to the top U.S. exchanges to tap the globe’s largest pool of institutional […]

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Ahead of Canada’s big day, forecast for cannabis industry gets a boost

October 16, 2018 · Updated August 15, 2019

On the eve of Canada’s historic launch of its recreational marijuana program, the global cannabis industry appears poised for explosive growth thanks to the confluence of a host of market developments. “The well-capitalized cannabis industry has been evolving rapidly and looks to address a far larger (market) than we had originally forecast,” Wall Street analyst […]

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Canadian regulator wants cannabis companies to disclose US border risk

October 11, 2018

Canada’s securities watchdog is warning the country’s publicly traded marijuana companies to improve their disclosure practices – including any risks tied to their executives and employees crossing into the United States – or face additional regulatory action. The warning came in a detailed notice published Oct. 10 by the Canadian Securities Administrators (CSA), an umbrella […]

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Canadian MJ producer Aurora Cannabis targets New York Stock Exchange listing

October 9, 2018 · Updated August 15, 2019

Canadian marijuana giant Aurora Cannabis has filed an application to list its shares on the New York Stock Exchange, a move that would make it the second major plant-touching company to trade on the Big Board – and the latest from Canada to establish roots on Wall Street. If approved, the Edmonton-based company could begin […]

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Chart: Canadian cannabis companies’ market caps rise into the 11 figures

October 8, 2018 · Updated October 9, 2018

Limited supply and red-hot demand for investment opportunities in Canada’s marijuana industry have caused stock prices and market capitalizations for cannabis companies to surge ahead of legal adult-use sales later this month. Market capitalizations of some of these companies in the Great White North now rival – or have even eclipsed – those of more […]

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Week in Review: California’s cannabis social equity move, US attorney’s marijuana threat & lawmakers’ bid for more MJ growers

October 5, 2018 · Updated July 17, 2019

California approves a law to boost participation among minorities and those less well off in the marijuana industry, Colorado’s U.S. attorney threatens to crack down on licensed cannabis businesses that divert product to the black market, and members of Congress urge the U.S. government to expand the number of cultivators allowed to grow MJ for research. […]

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No Snoop for you! Celebrity names not allowed come cannabis legalization in Canada

October 2, 2018 · Updated December 17, 2019

Branding partnerships between Canada’s biggest cannabis companies and their celebrity backers will be thrown into limbo when new regulations governing recreational cannabis take effect Oct. 17. The Cannabis Act has general prohibitions on the promotion of marijuana that includes the depiction of a person, character or animal, whether real or fictional. That includes celebrity names, […]

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