Tag : ACB

Cannabis News Global Market Watch

Aurora Cannabis Finalizes Acquisition of CanniMed Therapeutics

Editor
Aurora Cannabis (TSX: ACB) (OTCQB: ACBFF) announced this morning that the company has finalized acquisition of 95% of CanniMed Therapeutics (TSX: CMED) outstanding shares to complete “the largest acquisition in cannabis industry history.” Aurora Cannabis plans to acquire the remaining of CanniMeds outstanding shares through compulsory share acquisition. By completing...
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Top 10 Public Companies with the Largest Market Caps in Cannabis

Editor
10. Emerald Health Therapeutics Inc. (TSX: EMH) $674 Million Emerald Health Therapeutics, Inc. operates through Emerald Health Therapeutics Canada Inc. (“EHTC”), a wholly owned subsidiary and Licensed Producer under Canada’s Access to Cannabis for Medical Purposes Regulations. Through EHTC, Emerald is authorized to produce and sell dried cannabis and cannabis oil for...
Cannabis News Market Watch

Aurora Cannabis Receives Regulatory Approval for CanniMed Acquisition

Editor
On February 28, 2018, Aurora Cannabis Inc. (TSX: ACB) (OTCQX: ACBFF) announced that it had received a No Action Letter from the Competition Bureau (Canada) regarding its offer to purchase all of the issued and outstanding common shares of CanniMed Therapeutics Inc. (CSE: CMED) that it does not already own. ...
Politics

Alberta Plans to Issue 250 Retail Cannabis Licenses in 2018

Editor
The Alberta Gaming and Liquor Commission (AGLC) has announced their intentions to issue more than 250 licenses to retail stores in Alberta, Canada.  The AGLC has adopted the role of managing retail and online cannabis regulations and requirements in the Province.  Later this summer, Canada plans to legalize the sale...
Cannabis News Hemp News

Top Financial Transactions Made by Public Companies in the Hemp and Cannabis Space

Editor
Aurora Cannabis’s (TSX: ACB) C$1.23 billion Acquisition of CanniMed Aurora Cannabis Inc. (TSX: ACB) (OTCQX: ACBFF), a Canadian based public company, announced a C$1.23-billion-dollar transaction, in cash and stock, to acquire CanniMed Inc. (TMX: CMED). This marks one of the largest deals ever made in the public or private cannabis...
Cannabis News Market Watch

Aurora Cannabis (TSX: ACB) Announces Aurora Pro, B to B Services for the Cannabis Industry

Editor
Aurora Cannabis, Inc. (TSX: ACB) announced the launch of a new business to business service this morning called Aurora Pro. The new company will be supporting ancillary services to licensed producers and licensed retailer to the cannabis industry. Aurora Pro’s services plan to offer supporting infrastructure for companies, business to...
Current News Global Politics

Two Canadian Cannabis Production Facilities Receive Licenses from Health Canada

Matina Bishop
  Just before the new year Health Canada announced the addition of two new cannabis production facilities to its list of licensed companies. With the additional of Agri-Médic ASP Inc. and Vert Cannabis in Quebec last December, there are now six licensed producers in the region with a total of...
Current News Global

Swedish Investors Look to Profit off of Cannabis Stocks

Editor
Swedish Investors, best known for their investments in large tech companies and the recently popularized bitcon, have been  pouring their money into the legal cannabis stock market since the new year. Just last month, Aurora Cannabis (TSE: ACB) and Canopy Growth Corp (TSE: WEED) were two stocks with the highest...