Aurora Cannabis strikes deal to sell cultivation facilities, document suggests
Canadian producer Aurora Cannabis has an agreement in principle to sell at least two cultivation facilities in Canada that were closed earlier […]
Category: Canadian Medical Marijuana & Cannabis Industry News
Ontario cannabis wholesaler hails ‘largest jump’ in legal market capture
Residents of Canada’s biggest province by market size are buying more and more cannabis from the legal market, the Ontario Cannabis Store […]
Aphria and Tilray to merge, creating CA$5 billion global cannabis giant
Canadian cannabis companies Aphria and Tilray on Wednesday announced plans to merge, a transaction that would create a giant international marijuana firm […]
Aurora lays off 200, idles most of flagship Sky marijuana facility
Aurora Cannabis has cut a little more than 200 positions as it reduces production at its flagship marijuana greenhouse in Edmonton, Alberta, […]
Bermuda plans adult-use, medical cannabis industry
Bermuda is taking its first steps to formally lay the legal groundwork for a regulated adult-use and medical cannabis industry, potentially setting […]
Canada launches new cannabis consultations on beverages, labelling and research
Canada’s federal cannabis regulator is launching new consultations that signal future changes to marijuana possession equivalency limits, including higher possession caps for […]
Cannabis firm LeafLink raises $40 million to fund expansion
Cannabis wholesaling platform LeafLink announced new funding worth $40 million from a Series C investment round. The $40 million funding round was […]
Marijuana MSO Ayr Strategies increases capital raise to $110 million
Multistate marijuana operator Ayr Strategies announced that it has increased a $75 million debt offering to $110 million because of strong demand. […]
Cannabis advertising platform Weedmaps going public with $1.5 billion valuation
Weedmaps, the oft-controversial but ever-successful cannabis advertising giant, is going public through a deal that values the company produced through the transaction […]
Canopy Growth shuttering facilities across Canada, abandons outdoor marijuana cultivation
Cannabis producer Canopy Growth is shuttering more facilities across Canada amid a fresh round of layoffs in an effort to streamline operations […]