Tag : APH

Cannabis News Global Market Watch

Aphria Completes its First Shipment of Medical Cannabis to Australia

Editor
Aphria Inc.  (TSX: APH and US OTC: APHQF), a Canadian based public cannabis company, has announced this morning that the company has completed its first shipment of medicinal cannabis to its Australian based partner Althea Inc. Per the terms of the signed agreement in January Aphria has invested $2.5M for a...
Cannabis News Global Market Watch

Aphria Continues International Expansion, Entering the Argentinian Cannabis Market

Editor
Aphria Inc. (TSX: APH) (OTC: APHQF) announced this morning that the company has signed an exclusive cannabis supply agreement with a non-disclosed Argentina based pharmaceutical import and distribution company. The non-disclosed company is currently licensed to import, sell and distribute medical products and derivatives to the people of Argentina. Under the...
Current News Growers

Aphria Triples Production Capacity, Gains Approval for Part III Expansion

Editor
Aphria Inc. (TSX: APH) (OTC: APHQF) announced this morning that the company has received a license amendment from Health Canada that will provide Aphria with an additional 200,000 square feet of cannabis grow space, which will allow the company to complete Part III expansion of its facility in Leamington, Ontario. The expansion...
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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

Investors Poured $1.23 Billion into the Cannabis Industry in January

Editor
According to Viridian Capital Advisors, $1.23 billion dollars in registered investments were made into cannabis and industrial hemp companies in the first few weeks of the year, up 600% from 2016.  75% of the capital raises flowed towards public companies like: Hydropothecary Corp (OTC: HYYDF)  $121.1 million, MedReleaf Corp (TSX: LEAF)$107.6 million, Organigram Holdings Inc (TSXV: OGI) $93.4 million, Aphria...
Cannabis News Global Market Watch

Aphria Signs LOI to Supply 12 Tons of Cannabis to Quebec a Year

Editor
Aphria (TSX: APH) (OTC: APHQF) has signed a letter of intent with Société des alcools du Québec (SAQ), an alcohol retail and e-commerce chain, to distribute 12 tons of high grade cannabis products to the province of Quebec. Aphria will become one of the only major distributers of cannabis in...
Politics

CSA Reconfirms Guidelines for Canadian Pubco’s with U.S. Cannabis Operations

Editor
The Canadian Securities Administrators (CSA) have reconfirmed their expectations for Canadian Public Companies that currently own or fund U.S. cannabis operations. Read the Full Disclosure Here Earlier this year Jeff Sessions, the US Attorney General, rescinded the Cole Memorandum, an Obama era policy that advised the Federal U.S. Government to...
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...
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 Politics

CSA Put Pressure on Canadian Owned US Cannabis Assets

Editor
Last October, the Canadian Securities Administrators provided public companies in the sector guidance and general framework for investments, joint ventures, and acquisitions associated with United States cannabis business operations. From the release by the CSA, “Our disclosure-based approach is premised on the assumption that marijuana-related activities are conducted in compliance...