aurora cannabis

Canadian firm planning massive MMJ greenhouse in Australia

PUF Ventures plans to build a 1-million-square-foot medical marijuana greenhouse in Australia that could eventually generate about 1 billion Canadian dollars ($850 million) annually, according to a news release from the company. The company – based in Vancouver, British Columbia, and traded as PUF on the Canadian Securities Exchange – said the phased build-out will have […]

Read More

Canada could add 150,000 cannabis jobs – some with salaries nearing six digits

By Matt Lamers Canada’s medical marijuana sector is continuing its blistering pace of growth, bringing with it more jobs and higher, more competitive salaries. The industry could add another 150,000 jobs over the next couple of years, according to one estimate, and a recent survey showed that salaries are more mainstream than ever.

Read More

Canadian execs: What you need to know before taking your cannabis business global

By Matt Lamers

There’s no denying the massive potential of the global medical marijuana market: A recent report pegged it at 180 billion Canadian dollars ($142 billion) over the next 15 years.

But going overseas is fraught with pitfalls, barriers and red tape. Canadian MMJ businesses, however, are export pioneers and can offer valuable guidance.

Read More

Canadian cannabis stocks take hit after report

Shares of the five licensed cannabis companies that trade on the the Toronto Stock Exchange were down Friday after reports surfaced that it could become harder for investors to deal in the shares of Canadian marijuana firms with U.S. assets. According to the Globe and Mail, Canadian Depository for Securities (CDS) – a clearinghouse owned by the […]

Read More

Canadian cannabis grower to trade on Toronto Stock Exchange

Aurora Cannabis Inc. will become the fifth marijuana company on the Toronto Stock Exchange when its shares begin trading there Monday, the latest sign that Canadian MJ businesses are joining the mainstream. Vancouver-based Aurora joins Aphria, Canopy Growth, CanniMed Therapeutics and MedReleaf on the TSX, Canada’s largest exchange. The five companies have a combined market capitalization of over 4 […]

Read More

Canadian cannabis M&As ready to ‘go crazy’: Q&A with Aurora CFO Glen Ibbott

By Omar Sacirbey Glen Ibbott had a successful career as a top executive with U.S. life sciences companies worth hundreds of millions of dollars that listed on the Nasdaq Stock Market. But it wasn’t hard for Canada’s Aurora Cannabis to lure Ibbott north of the border to become the medical marijuana producer’s chief financial officer.

Read More

Rec Stores in CO City Prepare for Extra Tax Burden

Cannabis shops in Colorado’s third-largest city face higher tax rates heading into the new year, which some business owners say will drive up the price of legal cannabis well above rates on the black market. As of Jan. 1, recreational marijuana stores in Aurora will be required to pay a 5% excise tax and a […]

Read More