‘Massive, unsustainable’ value gap between Canadian, US cannabis firms, analyst notes
Marijuana companies focused on the United States face “massive and unsustainable” valuation discounts relative to their Canadian counterparts,…
News August 12
Latest In: Canada/International
Marijuana company Sol Global to rebrand with new name
Toronto-based Sol Global Investments, which is increasingly focusing on the U.S. cannabis market, is changing its name to…
News August 9
Auditor withdraws cannabis firm CannTrust’s financial report amid controversy
The independent auditor for Canadian marijuana company CannTrust has taken the uncommon step of withdrawing its report on…
News August 9
Cronos boosts quarterly marijuana revenue, reports operational loss
Toronto-based Canadian cannabis company Cronos Group on Thursday reported second-quarter revenue of 10.24 million Canadian dollars ($7.7 million),…
News August 8
Deal Watch: Public cannabis companies snapping up private ones in M&A deals
Public cannabis companies took aim at private entities, closing eight acquisitions this week.
News August 8
Capital for access: The developing two-way marijuana road between California and Canada
It’s no secret that the number of business relationships between American and Canadian cannabis interests has skyrocketed since…
News August 7
Canadian cannabis firm Cronos spending $300 million to enter US hemp market
Cronos Group, a vertically integrated cannabis company based in Ontario, Canada, that has international production and distribution, said…
News August 2
Canada’s TerrAscend looks to snap up US marijuana firm Ilera for up to $225M
TerrAscend, an Ontario, Canada-based vertically integrated cannabis company, agreed to acquire Ilera Healthcare, a Pennsylvania-based marijuana cultivator, processor and…
News August 2
Marijuana firm CannTrust faces probe by Ontario regulators, police
Cannabis cultivator CannTrust Holdings disclosed the company is under investigation by securities regulators and the police, the latest…
News August 1
Aphria latest major Canadian cannabis company to turn a profit
Aphria on Thursday became one of the rare Canadian cannabis companies to report a net profit by posting…
News August 1
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