Trump ousts Jeff Sessions as attorney general

By Jeff Smith, Marijuana Business Daily   U.S Attorney General Jeff Sessions, who less than a year ago stunned the marijuana industry by ripping up Obama-era protections for state-legal MJ businesses, has been forced out by President Trump. The development could ease industry concerns that the Department of Justice will unleash […]

Is the cannabis industry armed against privacy breaches?

Paul Saabas, Vice President, Shred-it   Cannabis licensed producers (LPs) in Canada are currently facing a unique economic opportunity. As the first G7 country to legalize adult-use cannabis, industry players in this market are moving at a rapid pace. Amidst seemingly boundless opportunities, media excitement and landmark legal decisions, the […]

Aurora Cannabis Receives Lenders’ Consent for Proposed Acquisition of ICC

Milestone towards Completing Transaction to Establish Leadership in South American Market EDMONTON, Alberta and VANCOUVER, British Columbia, Nov. 01, 2018 (GLOBE NEWSWIRE) — Aurora Cannabis Inc. (Aurora) (ACB) (ACB) (Frankfurt: 21P; WKN: A1C4WM) and ICC Labs Inc. (ICC) (ICC.V) are pleased to announce that Aurora has received, from its consortium […]

How Trump’s trade battles are affecting the marijuana industry

 By Bart Schaneman, Marijuana Business Daily The Trump administration’s imposition of tariffs on China is expected to have a direct impact on several sectors of the marijuana industry – in particular, cannabis vaporizer companies. Others likely to be affected include: Cultivation operations that want to expand their greenhouse facilities. Growers that […]

Aurora Cannabis signs loan deal for up to $250 million with Bank of Montreal

The Aurora Sky facility being built by Aurora Cannabis at the Edmonton International Airport on Feb. 5, 2018.

Aurora chief executive Terry Booth called it the largest traditional debt facility in the cannabis industry to date. Under the agreement, Aurora will receive a $150-million term loan and a $50-million revolving credit facility, both of which will mature in 2021. READ MORE: https://globalnews.ca/news/4297218/aurora-cannabis-loan-bank-of-montreal/     Related PostsAurora Cannabis-ICC Labs Deal […]