Aurora buys Canada’s leading cannabis lab for CA$115 million

Aurora Cannabis is continuing its aggressive buying spree, snapping up what one analyst called the “grandaddy of cannabis science in Canada,” Anandia Laboratories. Aurora agreed to buy the testing lab in an all-stock deal worth 115 million Canadian dollars ($88 million).

Cultivation applicants in Canada soar, but cannabis shortage looms

The number of applicants to cultivate cannabis in Canada rose 160% in the first quarter of 2018, as the industry ramps up for legalization late this summer. But the newest applicants aren’t expected to have product on store shelves until 2019 at the earliest because of the time required to get a sales license.