High Times moves to raise $50M by selling shares at $11 each via IPO
The parent company of the longtime cannabis-centric publication High Times magazine has filed paperwork to raise $50 million…
News January 30
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Two Canadian cannabis producers each raise CA$70 million
Canada’s licensed marijuana producers continue to raise capital at a record clip to fund overseas expansion plans and…
News January 29
Canadian producers no longer must store cannabis in bank-like vaults
Health Canada has introduced new security measures that could save early stage cultivation applicants hundreds of thousands of…
News January 29
Aphria to buy Nuuvera for CA$826 million, plans to ‘dominate’ international marijuana market
Mergers and acquisitions in Canada’s marijuana sector are showing no signs of letting up. The latest deal brings…
News January 29
US cannabis firm MedMen to go public in Canada to ‘add jet fuel’ to growth plan
Count California-based MedMen as the latest U.S. marijuana company looking to Canada to raise money.
News January 26
GW Pharma aiming for FDA approval for CBD drug this year, again
British cannabis company GW Pharmaceuticals is hoping the U.S. Food and Drug Administration will sign off on its…
News January 26
New company launched to serve debt-starved marijuana businesses
Marijuana companies looking to access the debt market to expand their business have a new lender they can turn…
News January 25
Proposed Canadian medical marijuana tax could funnel patients to black market, critics warn
A proposed excise tax on medical marijuana in Canada could push even more patients to the black market…
News January 25
Aurora, CanniMed agree to CA$1.2B merger, creating one of world’s largest marijuana companies
A hostile takeover attempt turned friendly Wednesday when two of Canada’s largest marijuana producers agreed to bury the…
News January 24
Canopy aims to have recreational marijuana outlets open in Canada by summer
Canopy Growth has become the first major licensed producer of medical marijuana in Canada to announce plans for…
News January 24
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