Tag: CBT > Canadian Public Cannabis Companies

Mergers and Acquisitions

Tilray to Acquire 4 Craft Beer Breweries From Molson Coors

The global cannabis company’s beverage-market aspirations just got higher, as it entered into a definitive agreement to buy four more beer companies. This follows several years of beverage-company acquisitions and marks a ‘strategic milestone’ in the company’s growth plan.

August 16, 2024

International

Tilray’s Aphria RX Receives Cannabis Trading License in Germany

The license significantly expands the company’s commercial growth opportunities.

July 29, 2024

Industry Headlines

Organigram Announces C$124.6 Million Investment From British American Tobacco (BAT) Company

Toronto-based Organigram Holdings Inc. announces a C$124.6 million follow-on strategic equity investment from BT DE Investments Inc., a wholly-owned subsidiary of British American Tobacco p.l.c. (BAT), a leading, multi-category consumer goods business.

November 7, 2023

Mergers and Acquisitions

Tilray to Acquire HEXO in $56-Million Deal

The transaction is expected to close in June.

April 11, 2023

Investing in Public Cannabis Companies

Persisting Toward a Public Listing

After going public on the Canadian Securities Exchange in 2018, the founders of cannabis cultivation company Grown Rogue recall the challenges they faced and lessons they learned in the process.

December 13, 2022

Interviews & Opinion

‘Rounding the Corners:’ Reviewing Canada’s Cannabis Act 4 Years Later

As Canada assesses its cannabis policies four years after adult-use legalization in 2018, licensed producers and retailers across the country say reducing taxes and other changes could transform the program.

October 17, 2022

Canadian Cannabis Market

Sundial Growers Enters into a Bid Agreement for Zenabis Global Inc.'s Assets

Sundial enters into an agreement in connection with its secured credit investment to add low-cost indoor cultivation from an EU GMP certified facility, enabling international market access.

June 23, 2022

Finance

HEXO Enters Into Amending Agreements to the Transaction Agreement With Tilray Brands and the Standby Agreement With KAOS

Market conditions dictate the resetting of the agreement terms.

June 14, 2022

Finance

The Flowr Corporation Announces First Quarter 2022 Results and Reinstatement of Trading

In Q1 2022, the Company generated gross revenue of $3.9 million as a result of the sale of 1,179,735 grams of dried cannabis flower, an increase of 75% compared to Q1, 2021.

May 31, 2022

Finance

The Flowr Corporation Announces Fourth Quarter and Full Year 2021 Results

In 2021, the company generated gross revenue of approximately $14.9 million and generated gross revenue of $4.3 million during the fourth quarter.

May 23, 2022

International

Cronos Group Reports 2022 First Quarter Results

The company’s consolidated net revenue increased by 99% year-over-year to $25 million in the first quarter of 2022.

May 11, 2022

Canadian Cannabis Market

The Green Organic Dutchman Secures Additional $4 Million Increase to Term Portion of Credit Facility

The total facility limit has been increased from $30 million to $34 million, certain mandatory prepayments have been removed, and the amendment provides additional working capital to support continued revenue growth.

May 2, 2022