Continuing the theme of securing major supply agreements in every Canadian province and territory with announced supply plans, Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) is proud to announce that cannabis grown in its Delta and Aldergrove facilities, its other sites across the country, and products from its CraftGrow partners will be sold in fine retailers, both government-operated and private, across the province of British Columbia post-prohibition.
British Columbia’s sole legal wholesaler of non-medical cannabis has entered into agreements with licensed producers to ensure a retail supply for when non-medical cannabis is legalized.
As Canada moves toward legalization of recreational marijuana on Oct. 17 and the U.S. shows signs of growing leniency, hedge funds are leading the advance of institutional money into a sector that’s so far been dominated by retail investors.
Aurora Cannabis Inc. (TSX: ACB) (OTCQB: ACBFF) (Frankfurt: 21P; WKN: A1C4WM) and CannaRoyalty Corp. (CSE: CRZ) (OTCQX: CNNRF) today announced that the Companies have signed a binding term sheet (the "Agreement") whereby Aurora is purchasing CannaRoyalty's exclusive Canadian license to use and commercialize pre-roll technology developed by Wagner Dimas for an aggregate consideration of C$7 million in Aurora common shares (the "Purchase Price"). Closing of the Agreement is subject to certain conditions, including regulatory approval.
Canopy Growth Corporation (TSX:WEED) (NYSE: CGC) and Hiku Brands Company Ltd. (CSE:HIKU) (together, the "Companies") are pleased to announce that they have entered into a definitive arrangement agreement (the "Agreement") pursuant to which Canopy Growth will acquire all of the issued and outstanding common shares of Hiku.
Canopy Growth's acquisition of Hiku Brands confirms the Seed Investor’s thesis that investors looking for the big gains in marijuana need to be focused on companies in the recreational use market.
Choom™ (CSE: CHOO; OTCQB: CHOOF), an emerging fully-integrated cannabis company, is pleased to announce the appointment of Aussie Jiwani to the Management team as Director of Sales.
Tilray Inc., a vertically-integrated and federally-licensed cannabis cultivator, processor and distributor, today announced that it has launched an initial public offering (IPO) of its Class 2 common stock pursuant to a registration statement on Form S-1 previously filed with the United States Securities and Exchange Commission. Tilray has applied to list its common stock on the Nasdaq Global Select Market under the ticker symbol “TLRY”.
Canopy Rivers Corporation is pleased to announce that it has completed its previously announced private placement of subscription receipts for gross proceeds of $104,212,000.
Aurora Cannabis Inc. (TSX: ACB) (OTCQB: ACBFF) (Frankfurt: 21P; WKN: A1C4WM) and MedReleaf Corp. (TSX: LEAF) today announced that the Canadian Competition Bureau has issued a no-action letter under the Competition Act (Canada) indicating that it does not intend to challenge the proposed arrangement between Aurora and MedReleaf, whereby Aurora intends to acquire all of the issued and outstanding common shares of MedReleaf.
Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) is pleased to announce that it has closed its previously announced transaction to acquire the remaining 33% stake of BC Tweed Joint Venture Inc..
ABcann Global Corporation (ABCN.V) is pleased to announce that it has completed an agreement with the Alberta Gaming, Liquor & Cannabis Commission (“AGLC”) to supply the province with high-quality cannabis products. Under the terms of the agreement, ABcann will supply the Alberta market with cannabis to meet demand in the adult-use recreational cannabis market, which is set to open on October 17, 2018.
Aurora Cannabis Inc. (TSX: ACB) (OTCQB: ACBFF) (Frankfurt: 21P; WKN: A1C4WM) today announced that it has entered into an agreement with the Alberta Gaming, Liquor & Cannabis Commission to supply high-quality cannabis products for the adult consumer use market in the province. Consequently, Aurora will initially allocate up to 25,000 kg of product for the first 6 months of sales to this market.
Harvest One Cannabis Inc. (TSXV:HVT) is pleased to advise that it has appointed Grant Froese as new Chief Executive Officer of the Company effective July 3, 2018. Mr. Froese has also been appointed to the Board of Directors.
Rapid New Product Development Pays Off, with Health Canada Approval for Capsule Sales at CanniMed, Capsule Production at Aurora Mountain
