Aurora to Acquire Whistler

$175 million all-share transaction for certified organic cannabis grower EDMONTON, Jan. 14, 2019 – Aurora Cannabis Inc. (“Aurora” or the “Company”) (TSX: ACB) (NYSE: ACB) (Frankfurt: 21P; WKN: A1C4WM) announced today that the Company has entered into a letter of intent (“LOI”) to acquire all the issued and outstanding shares of privately held […]

Aurora Cannabis Provides Guidance for the Second Quarter of Fiscal 2019, Anticipating Net Revenues of $50M to $55M

Company Provides Production & EBITDA Guidance for Q2 2019   As the cannabis sector went through a major re-valuation cycle in the last two months of 2018, pressure continues to mount among many of the well-capitalized early entries to prove up their current valuations.  Today’s announcement from Aurora regarding their […]

Northland Capital Initiates Coverage on Planet 13 Holdings

By Ralph Nathan, Market Realist On December 19, Northland Capital Holdings initiated coverage on Planet 13 Holdings (PLNHF) with a “buy” rating, giving the stock a price target of 3.75 Canadian dollars, which represents an upside potential of 252.1% from its December 19 closing price of 1.07 Canadian dollars. On December 7, […]

Canada’s Aurora Cannabis buys Mexico’s Farmacias Magistrales

Associated Press Associated PressDecember 10, 2018 MEXICO CITY (AP) — Aurora Cannabis Inc. of Edmonton, Alberta, said Monday it has signed a letter of intent to acquire all outstanding shares of Mexico’s Farmacias Magistrales SA. Farmacias Magistrales is a Mexican importer of raw materials containing THC, the active ingredient in […]

Aurora Cannabis Earnings Kick Off Big Week For Marijuana Stocks After Canada Recreational Legalization

Bill Peters, Investors Business Daily Aurora Cannabis (ACB) on Monday said it had grabbed nearly a third of online recreational sales in Ontario, Canada’s most populous province, offering an early look at which big pot producers are emerging as leaders in a nascent business still marred by shortages. It was unclear […]

Marijuana Stocks Moved Higher On Election Results

CORAL GABLES, FL / ACCESSWIRE / November 7,2018 / Medical cannabis and recreational marijuana have been put in a very bright spotlight on Wednesday. The US midterm elections have brought new states online for medical, recreational, and decriminalization of marijuana. Michigan became the 10th state to legalize recreational pot sales to adults and the first […]

Forget October: Here’s the Right Marijuana Move for Investors Now

Dan Caplinger, The Motley Fool Investing booms often lead to busts, and for recent investors in marijuana stocks, October felt like a rude awakening. Even though investors had looked forward to the legalization of recreational cannabis in Canada, a big plunge in the broader market brought about a downturn that sent key […]

Monday Morning Coming Down

by Eric Vengroff, Financial Analyst, Cannabis Daily As Canadians come down off the high of their first weekend of legal recreational cannabis, the stocks of some of Canada’s most well-known licensed producers are down too – roughly 10% as of 12:00 PM. Hence the rip-off of the Kris Kristofferson-titled tuned […]

Looking for Work in Cannabis? Careers Cannabis’ New Platform Launches Today

Eric Vengroff, Cannabis Daily TORONTO, ON (October 17, 2018) – Just in time for Cannabis Day One, a new platform connecting job seekers with employment opportunities in the Canadian cannabis industry launches in Canada today. Careers Cannabis is an online job search engine, making it faster for employers and job […]

Cannabis companies ramp up marketing as Health Canada warns them not to advertise pot

JACQUIE MILLER, Postmedia Network, Inc. Cannabis companies are intensifying efforts to get attention for their brands even as Health Canada launches another crackdown on the promotion of pot. Oct 11, 2018  -There appears to be a game of regulatory chicken emerging. Some companies are seemingly testing the boundaries with billboards, […]

Aurora Cannabis Announces Application to List on the NYSE

EDMONTON , Oct. 9, 2018 /CNW/ – Aurora Cannabis Inc. (“Aurora” or the “Company”) (ACB.TO) (ACBFF) ( Frankfurt : 21P; WKN: A1C4WM) (TSX: ACB), announced today that the Company has filed an application to list its common shares on the New York Stock Exchange (“NYSE”). Listing of the Company’s common […]

Coca-Cola and Aurora. Is it the Real Thing?

BNN Bloomberg reported this morning that the Coca-Cola Company (NYSE:KO) is in “serious talks” with Aurora Cannabis, a Canadian LP regarding the development cannabis-infused drinks, according to sources close to the discussions.  Numerous news outlets in and out of the cannabis space have been working to confirm the story, which […]