Tag: CBT > Canada: Page 29

Mergers and Acquisitions

FSD Pharma Generates $7.7 Million in Proceeds and 670% Return on Investment Through Sale of Interest in Cannara Biotech

The company has sold its 12% equity interest in Cannara Biotech Inc.

February 21, 2020

Finance

Canopy Growth Reports Third Quarter Fiscal 2020 Financial Results

The company generated $124 million in net revenue, up from $76 million in Q2 2020.

February 21, 2020

Finance

Cannara Insiders Form Buying Group to Fully Acquire FSD/FV Pharma's Position in Cannara

The insiders' increased stake in Cannara coincides as cultivation is poised to commence.

February 21, 2020

Industry Headlines

The Green Organic Dutchman Receives Award for Leadership in Organic Farming from the Canada Organic Trade Association

As consumers become increasingly savvy about the cannabis they purchase, the certified organic segment is poised to grow in popularity.

February 20, 2020

Finance

The Green Organic Dutchman Receives Cannabis Research License from Health Canada

The license enables in-house product development and testing, eliminating dependency on third parties.

February 19, 2020

Legislation and Regulation

Aurora Cannabis CEO Steps Down, Cannabis Industry Loses Legendary Breeder Subcool: Week in Review

Aurora Cannabis Founder and CEO Terry Booth has announced his retirement, effective immediately.

February 8, 2020

Finance

Aurora Cannabis Announces CEO Retirement and Succession, Board of Directors Expansion, and Business Transformation Plan

Aurora Cannabis Founder and CEO Terry Booth has announced retirement, and Executive Chairman Michael Singer has been appointed as interim CEO, effective immediately.

February 6, 2020

Mergers and Acquisitions

Shelter Acquires Saskatchewan's Agro Greens, Adds Processing and Sales to Its Cannabis Capabilities

Based in Macklin, Saskatchewan, Agro Greens holds standard cultivation and standard processing licences, as well as licences for medical and non-medical cannabis sales.

February 6, 2020

Finance

Aurora Cannabis Receives EU GMP Certification for its Aurora River Facility

Aurora now has three EU GMP certified production facilities in Canada.

February 3, 2020

Finance

Aphria Inc. Enters Into Agreement to Receive $100 Million Strategic Investment from Institutional Investor

The funding strengthens Aphria's cash balance pro forma to nearly $600 million.

January 27, 2020

International

Super Drugs for Superbugs: How Cannabinoid Science Links CBG to MRSA Treatment

For nearly 40 years, the antimicrobial effects of cannabis-sourced compounds have been known to researchers. A new study sheds light on the particularly potent efficacy of an up-and-coming cannabinoid, CBG.

January 24, 2020

Finance

Aphria Inc. Receives EU GMP Certification for Subsidiary ARA-Avanti Rx Analytics

The certification allows the company to begin to supply medical cannabis across the European Union, with the first shipment expected to occur in the fourth quarter.

January 21, 2020