Tag : TSX

Cannabis News Global Market Watch

Aurora Cannabis Finalizes Acquisition of CanniMed Therapeutics

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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......
Cannabis News Global Market Watch

CannTrust Holding to Begin Trading on the Toronto Stock Exchange

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CannaTrust Holdings (TSX: TRST) has announced this morning that the company will voluntarily delisted from the Canadian Stock Exchange (CSE) and will commence trading on the Toronto Stock Exchange (TSX) on March 5, 2018. The Toronto Stock Exchange is the largest stock exchange in Canada. Though it is costlier for......
CCT Impact Hemp News

Investing in Public Companies that Sell CBD

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Interest in cannabidiol (CBD) has taken off over the past five years since CNN highlighted its promise in the documentary Weed. GW Pharma (NASDAQ: GWPH) has submitted a New Drug Application for its CBD-based Epidiolex (which has received Orphan Drug Status in the European Union) with the FDA. If it......
Cannabis News Global Market Watch

Constellation Brands Plans to Launch Cannabis Infused Beverages Across the Globe

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Constellation Brands (NYSE: STZ), most known for their popular beer brand Corona and Ballast Point, has ambitious plans to launch a cannabis infused beverage company around the globe. Through their already established distribution lines, Constellation will only focus on country’s that have legalized cannabis, in order to carve out their......
Cannabis News Market Watch

New York Hedge Fund Navy Capital Focusing in on Cannabis & Hemp Public Companies

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Navy Capital is a hedge fund located in New York City that solely focuses on investing in public cannabis and industrial hemp companies around the world. Partners Sean Stiefel, who started the fund in 2014, and John Kaden, who joined Navy Capital in 2015, are focused on creating a portfolio......
Cannabis News Market Watch

Canopy Growth Corp Records 3rd Quarter Revenue of $21.7M

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Canopy recorded a quarterly revenue of $21.7 million, the highest ever reported in Canadian cannabis sector. Quarterly sales of $1 million Germany , all from domestic Canadian production. Raised$245 million in landmark deal with Fortune 500 company Constellation Brands and subsequent $201 million bought deal financing including the first co-led by a major bank, BMO......