Tag: CBT > Canada: Page 55

Finance

Biome Receives DTC Eligibility

This electronic method of clearing securities speeds up the receipt of stock and cash, and thus accelerates the settlement process for certain investors.

December 14, 2018

International

Canopy Growth CEO Says Farm Bill Passage is ‘First Step’ Toward U.S. Expansion

"The world’s changing: This is the first step in the U.S. to manage cannabinoids.”

December 13, 2018

Finance

Marlboro Maker Altria Acquires 45-Percent Stake in Cronos Group. What Does That Mean for the Future of Cannabis?

The $1.8-billion investment is a bellwether headline for a global industry on the brink of explosive growth.

December 13, 2018

Finance

Aurora Cannabis Stock Fails to Hold Gains After Company Unveils Plans to Buy Mexican Partner

The Canadian cannabis company said it has entered a letter of intent to buy all of Farmacias Magistrales SA’s outstanding shares in an all-stock deal.

December 11, 2018

Finance

Cronos Group Inc. Announces C$2.4 Billion Strategic Investment From Marlboro Maker Altria Group Inc.

The investment from the manufacturer of Marlboro cigarettes provides Cronos Group with additional capital for global growth.

December 7, 2018

Legislation and Regulation

Quebec to Make Legal Age to Buy Cannabis 21, Ban Smoking in Public

That would be the highest legal age in Canada. The other provinces and territories opted for either 18 or 19.

December 6, 2018

Finance

Sproutly Announces Hiring New President From Anheuser-Busch Inbev and Kimberly-Clark

Bryan Semkuley has joined the senior leadership team to accelerate the company’s strategic objectives of becoming a leading cannabis formulations company focused on beverages.

December 6, 2018

Mergers and Acquisitions

Canopy Growth Enters Cannabis Vaporizer Market with C$220 Million Acquisition of Volcano Manufacturer

Based in Germany, Storz & Bickel are designers and manufacturers of medically approved vaporizers, like the Volcano® Medic and the Mighty® Medic

December 6, 2018

Industry Headlines

First Nations Cannabis Company Helping Finance New University of Guleph Cannabis Research Center

U of G hopes to break ground on a new $20 million facility in the spring.

December 5, 2018

Finance

Aphria Shares Tumble a Second Day as Cannabis Firm Defends Deals

The Canadian cannabis producer is fighting back against short sellers.

December 4, 2018

Finance

Cresco Labs Begins Trading on the Canadian Securities Exchange Under Ticker Symbol 'CL'

A new investors website launched at investors.crescolabs.com.

December 3, 2018

Investors in the Cannabis Market

FSD Pharma Achieves Over 4 Billion Shares Traded in First 6 Months

The company has traded over four billion Class B subordinate voting shares in its first six months of trading on the Canadian Securities Exchange.

December 3, 2018