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
Latest In: Canada/International
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
Cannex, 4Front complete cannabis merger; trading starts next week
An almost $500 million merger of a Canadian and a U.S. marijuana company closed, months later than originally…
News August 1
Deal Watch: Hemp, infused products and devices see notable gains in M&A activity
While overall merger and acquisition investment in the North American cannabis industry has been far outpacing that of…
News August 1
CannTrust hires adviser to explore possible sale amid cannabis scandal
A week after CannTrust Holdings fired its CEO over a scandal involving unlicensed marijuana cultivation, the Canadian producer…
News July 31
Dixie Brands’ board loses two Auxly marijuana executives
Two top executives at the Canadian-based Auxly Cannabis Group resigned from the board of Dixie Brands, a Denver-based…
News July 29
British tobacco giant invests CA$123 million in Canadian cannabis firm Auxly
Imperial Brands said it will invest 123 million Canadian dollars ($93.4 million) in a British Columbia cannabis company,…
News July 26
Canadian bank’s ‘unfair’ cannabis fees add to financial hurdles for lottery hopefuls
One of Canada’s top lenders is charging prospective cannabis business owners thousands of dollars for a routine review…
News July 26
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