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 […]

Canopy Growth Losses Widen Sharply, But Cannabis Sales Prices Spike

APARNA NARAYANAN, Investor’s Business Daily Net losses widened to 1.52 Canadian dollars a share from 0.01 a share a year ago. Revenue rose 33% to 23.3 million Canadian dollars. Sales and marketing expenses soared 413% to 39 million Canadian dollars. The company sold 2,197 kilograms and kilogram equivalents, up 9% […]

Université de Moncton partners with the Government of Canada, Genome Atlantic, Genome Canada, New Brunswick Innovation Foundation, and Organigram to advance cannabis research and increase productivity

MONCTON, NB , Nov. 13, 2018 /CNW/ – The Université de Moncton , in partnership with the Government of Canada , Genome Atlantic, Genome Canada, New Brunswick Innovation Foundation (NBIF) and Organigram Holdings Inc. (TSX VENTURE:OGI) (OGRMF), today announced the creation of an institutional research project focused on cannabis at the […]

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 […]

Is Emblem Corp (CVE:EMC) A Financially Sound Company?

While small-cap stocks, such as Emblem Corp (CVE:EMC) with its market cap of CA$151m, are popular for their explosive growth, investors should also be aware of their balance sheet to Read More… READ MORE: Related PostsWhy Canopy Growth Corp’s Shares Plunged 12% TodayLet's Face It: Marijuana Stocks Won't Live […]

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 […]

Spectrum Cannabis welcomes JWC dried cannabis products to its online platform

Diversified offering reinforces commitment to medical customers SMITHS FALLS, ON , Nov. 1, 2018 /CNW/ – Spectrum Cannabis Inc. (“Spectrum Cannabis”), wholly-owned subsidiary of Canopy Growth Corporation (WEED.TO) (CGC) (“Canopy Growth”), is pleased to announce that it has added dried cannabis products from Craft Grow partner James E. Wagner Cultivation […]

Falling Pot Stocks Hammer Canada’s Struggling Venture Exchange

Kristine Owram, Bloomberg From declining resource stocks to the recent rout in cannabis shares, Canada’s venture exchange can’t seem to catch a break.   Pot stocks accounted for more than a third the 11 percent decline in the S&P/TSX Venture Composite Index so far this quarter, with cannabis companies making up […]

How Pot Chain MedMen Sounds Like A Typical Retailer With This New Plan

Bill Peters, Investors Business Daily To boost margins and counter widening losses amid a rout in marijuana stocks, U.S. cannabis retailer MedMen on Thursday outlined a plan that looked a lot like any other chain’s. During the company’s fiscal fourth-quarter conference call on Thursday — the first time MedMen has […]

Canada becomes first industrialised nation to legalise cannabis

By Chris Wattie and Nichola Saminather ST JOHN’S, Newfoundland/TORONTO (Reuters) – Canada became the first industrialised nation to legalise recreational cannabis on Wednesday, but a lawful buzz will be hard to come by in its biggest cities like Toronto and Vancouver, which will have no stores open. Weed enthusiasts in […]

10 Of The Richest Cannabis Millionaires — And How They Made Their Money

Marijuana buds on top of pile of cash

Alex Oleinic, Benzinga October 1, 2018 As the legal cannabis sector ramps up, so is the number of cannabis moguls who are millionaires. Here’s a look at some of the wealthiest names in the space — and how they got there. 10. Steve DeAngelo Steve DeAngelo is the co-founder and President of ArcView Group, […]