aurora cannabis
Aurora Cannabis to spin off US subsidiary
One of Canada’s largest cannabis firms, Aurora Cannabis, is planning to spin off its U.S. subsidiary, Australis Capital.
Time is right for marijuana entrepreneurs to enter the global market
North American marijuana entrepreneurs who believe it’s too early to look at international opportunities should reconsider their position.
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.
Aurora Cannabis to acquire Canadian rival MedReleaf for CA$3.2B in industry’s biggest deal
Aurora Cannabis has agreed to acquire rival Canadian cannabis producer MedReleaf in a deal valued at $3.2 billion Canadian dollars ($2.5 billion) that would create the largest marijuana company in the world.
Provincial Preview: Saskatchewan is ‘ground zero for the green rush’
The Land of Seed and Honey is throwing its doors wide open to the marijuana industry.
Saskatchewan’s model is being hailed as the best in Canada in terms of creating opportunities for entrepreneurs in areas ranging from cultivation and retail to cannabis-related tourism and security.