Latest In: aurora cannabis

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The most profitable cannabis businesses in Canada are owned by government

The most profitable cannabis businesses in Canada are owned by various levels of government, according to MJBizDaily research.

News September 20
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Marijuana companies lay off hundreds, retrench amid economic woes

While business around the world shuttered as COVID-19 spread, the marijuana industry was deemed "essential" in nearly 30…

News September 6
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Still no timeline for launch of Canada’s overdue Cannabis Act review

The Canadian government still has no publicly projected launch date for its mandatory review of the country's 2018…

News June 29
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Aurora Cannabis cutting 12% of workforce in ‘reorganization’

Aurora Cannabis is cutting 12% of its global workforce as part of a corporate restructuring, the Edmonton, Alberta-based…

News June 22
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Aurora Cannabis buys back $20 million worth of convertible debt

Aurora Cannabis has bought back roughly $20 million worth of convertible senior notes to reduce debt and "annual…

News June 3
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Lessons from Aurora Cannabis’ bought deal financing

Aurora Cannabis has arranged new financing via a “bought deal.” What is that, and is it important to…

News June 1
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Aurora Cannabis closes bought deal financing, yielding $172.5 million

Canadian marijuana producer Aurora Cannabis said it received gross proceeds of $172.5 million from a bought deal offering…

News June 1
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Aurora Cannabis announces bought deal financing, upsizes to $150 million

Aurora Cannabis entered a bought deal financing worth $125 million, then upsized that funding to $150 million.

News May 27
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Canadian producer Aurora Cannabis loses another CA$1 billion

Struggling cannabis producer Aurora Cannabis reported a net loss of 1 billion Canadian dollars ($770 million) for the…

News May 13
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