Tag: CBT > Canada: Page 47

Industry Headlines

Cannabis Research Firm Cuts Estimates on Canada Marijuana Market to US $5.2B by 2024

In January, BDS Analytics forecasted the Canadian market reach US$5.9 billion by 2022.

April 9, 2019

Industry Headlines

Segra Receives “Confirmation of Readiness” from Health Canada for Plant Tissue Culture Production Facility

The cannabis agriculture technology company has applied for a production “Cannabis Nursery License" for its Westminster, B.C. facility.

April 8, 2019

Industry Headlines

Retail Cannabis Hits Ontario Through Hobo Recreational Cannabis Store

One of only three retail locations slated for Ottawa, Hobo’s launch comes on the heels of the province’s new cannabis retail model.

April 8, 2019

Mergers and Acquisitions

Cresco Labs to Acquire Origin House in Largest-Ever Public Company Acquisition in U.S. Cannabis Sector

The Transaction represents a total consideration of approximately C$1.1 billion on a fully-diluted basis.

April 2, 2019

Finance

Canopy Growth Welcomes Houseplant to the Family

Founded by Seth Rogen and Evan Goldberg, Houseplant is a new brand of Canadian cannabis.

March 28, 2019

Finance

Global Consortium, Inc. Explores Opportunities in Canada

A move to Canada would open up funding opportunities and the company would be valued at a higher multiple, with the ability to dual list in the U.S.

March 28, 2019

Industry Headlines

WeedMD to Expand Production with Outdoor Cannabis Cultivation at Its Licensed 98-Acre Strathroy Property

The municipality supports WeedMD's outdoor grow with the first harvest expected in fall 2019, pending Health Canada approval, as the company looks to double production by 2020.

March 27, 2019

Finance

Aura Announces Appointment of Alain Dobkin to Its Board of Directors

Dobkin brings experience in global and Israeli finance and M&A, having managed transactions with aggregate value of ~US$40 billion.

March 26, 2019

Industry Headlines

Canopy Rivers Portfolio Company Licensed by Health Canada, Triggering Long-Term Cash Flow Stream

The portfolio company, Spot Therapeutics Inc., has received a cultivation license from Health Canada for its Fredericton-based production and distribution facility.

March 25, 2019

Florida

Choom Signs LOI to Enter Florida Market Through Investment in Vertically Integrated Cannabis Applicant

Choom will purchase a 95-percent equity interest in the Florida-based cannabis applicant.

March 25, 2019

Distribution

The Green Organic Dutchman Begins Domestic Sales with Growers' Circle Launch to Patients Across Canada

Sales of certified-organic cannabis started March 25 with national distribution to medical patients.

March 25, 2019

Industry Headlines

Multiple Sclerosis Society of Canada Invests in Cannabis and MS Research

The Multiple Sclerosis Society of Canada will provide $1.5 million in funding to the Canadian Institutes of Health Research.

March 25, 2019