CannTrust

CannTrust, alcohol wholesaler partner for cannabis distribution in Canada

CannTrust – one of Canada’s leading purveyors of cannabis – inked a strategic partnership with Breakthru Beverage Group to establish a cannabis-focused sales brokerage company. The exclusive partnership will develop a route-to-market platform for CannTrust’s recreational cannabis products in Canada. The sales brokerage company will be a new subsidiary of Breakthru Beverage Group (BBG) and […]

Read More

Canada’s CannTrust becomes latest to invest in Danish medical cannabis market

A Canadian medical marijuana grower is launching a joint venture in Denmark with its eye on meeting MMJ demand throughout Europe, becoming the latest Canadian cultivator to establish a presence in the Scandinavian country. Ontario-based CannTrust Holdings said it inked a joint venture agreement with the Danish company Stenocare, which already has received a medical […]

Read More

CannTrust gets initial OK to list on Toronto Stock Exchange

CannTrust Holdings is set to become the first marijuana company to graduate to Canada’s senior stock market since listing requirements were clarified for companies with U.S. assets. The Toronto Stock Exchange (TSX) has given the Vaughan, Ontario-based company initial approval for the move. As part of its ascent, CannTrust will “assign its interest” in the U.S. intellectual […]

Read More

Two Canadian marijuana producers look to raise CA$51 million

Two producers of medical marijuana, CannTrust Holdings and The Green Organic Dutchman Holdings, are taking separate steps to raise capital to fund the build-out of their production facilities to meet demand for MMJ and recreational cannabis. CannTrust entered into a stock-purchase agreement to raise at least 15 million Canadian dollars ($11.6 million) that it plans to […]

Read More

Canadian marijuana producers form co-op to sell rec products

A dozen of Canada’s largest marijuana producers have come together to form the Canadian Cannabis Co-op and are offering to bankroll a “turn-key” retail network in Alberta to sell adult-use products alongside private retailers and government-run outlets. The group, which unveiled its plans in a news release, hopes to extend the initiative to other provinces. […]

Read More

Uncertainty over TMX stock listing rules weighs on some Canadian marijuana companies

By Matt Lamers A lack of clarity over regulations governing Canadian marijuana stock listings with exposure in the United States has had an impact on how some of the nation’s MJ companies do business. Industry executives said the uncertainty has affected everything from innovation and employment to capital deployment and business relationships.

Read More