Tag : ACB

Market Watch

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Aurora Cannibas, Inc. of Class Action Lawsuit and Upcoming Deadline – ACB

Pomerantz LLP announces that a class action lawsuit has been filed against certain officers of Aurora Cannibas, Inc. (“Aurora” or the “Company”) (NYSE: ACB).  The class action, filed in United States District Court for the District of New Jersey, and docketed under 20-cv-13819, is on behalf of a class consisting of all persons other than Defendants......
Cannabis News Global Market Watch

Aurora Cannabis Finalizes Acquisition of CanniMed Therapeutics

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......
Cash Crop 150 CCT Impact

Top 10 Public Companies with the Largest Market Caps in Cannabis

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

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. ......

Alberta Plans to Issue 250 Retail Cannabis Licenses in 2018

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

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

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......
Business Global Politics

Two Canadian Cannabis Production Facilities Receive Licenses from Health Canada

  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......
Business Global

Swedish Investors Look to Profit off of Cannabis Stocks

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......