Tag: CBT > Canada: Page 46

Industry Headlines

FSD Pharma Receives Cannabis Sales License from Health Canada

The new license positions FSD to serve the growing medicinal use markets.

April 22, 2019

Cannabis Oil Product Manufacturing

The Green Organic Dutchman Receives Health Canada License to Sell Cannabis Oils

The company has received its oil sales license from Health Canada for its Hamilton, Ontario facility.

April 22, 2019

Mergers and Acquisitions

Canopy Growth to Acquire Acreage Holdings in $3.4-Billion Deal—Contingent on U.S. Federal Legalization of Cannabis

Here, we break down this international M&A deal and explain what it means for the industry.

April 18, 2019

Legislation and Regulation

Cannabis Banking Bill Reintroduced in U.S. Senate, Canopy Growth Corp. to Buy Acreage Holdings: Week in Review

Sens. Jeff Merkley and Cory Gardner have reintroduced the SAFE Banking Act, while the House companion bill gains momentum.

April 18, 2019

Finance

Canopy Buys Rights to Acquire Acreage Holdings for $3.4 Billion in Cross-Border Cannabis Deal

Canopy, the world’s largest cannabis company, will initially pay $300 million in cash to shareholders of New York-based Acreage.

April 18, 2019

International

Compass Announces Opening of Clinic in Sydney, Australia

The Canadian medical cannabis service provider has become an internationally-operating medicinal clinic, and it is expanding its service offerings.

April 18, 2019

Industry Headlines

Aleafia Health to Add 50,000 kg Extraction Capacity at Paris, Ontario Facility

The company expects to complete Phase II expansion in Q3 2019.

April 16, 2019

Investors in the Cannabis Market

Aleafia Health Opens the Market

The company opened the market at the Toronto Stock Exchange in recognition of it successfully graduating to the TSX.

April 15, 2019

Distribution

Cresco Labs’ Major Acquisition Continues M&A Trend in 2019

The Chicago-based company acquired California-based Origin House in a C$1.1-billion deal.

April 11, 2019

Mergers and Acquisitions

Wildflower Brands to Buy Vancouver Dispensary for $45 Million in Stock

The final structure of the Acquisition will be determined by the parties following receipt of tax, corporate and securities law advice.

April 10, 2019

Industry Headlines

WeedMD Acquires 60 Acres of Neighboring Land to Expand Its Outdoor Cannabis Footprint

The company has closed on the purchase of land adjacent to its licensed 98-acre Strathroy property and has increased its landmass to over 160 acres with outdoor potential of 100,000 kgs in 2020.

April 10, 2019

Finance

Northern Swan Holdings Raises $58 Million for International Distribution Network

The company holds a majority ownership stake in Colombian cannabis producer Clever Leaves.

April 10, 2019