Cronos Group Forms Cross-Border JV With U.S. Cannabis Company
In preparation for the upcoming cannabis legalization in Canada, licensed producer Cronos Group Inc. (TSX-V:CRON) has formed a cross-border joint venture with MM Enterprises USA LLC, a leading U.S. cannabis company with facilities in California, ... [Read]
Nutritional High Closes Acquisition of Calyx Brands
Nutritional High International Inc. (CSE:EAT) has closed its acquisition of Calyx Brands Inc., a leading distributor of cannabis products throughout California. Calyx also has conditional approval for a Distributor and Transporter Permit issued by the ... [Read]
Cannabis Consolidation Continues: Aphria to Buy Nuuvera for $826 Million
As part of a growing trend of consolidation in the Canadian cannabis market companies are positioning themselves ahead of the upcoming legalization. Aphria Inc. (TSX:APH) has now agreed to buy Nuuvera Inc. (TSX-V:NUU) for $8.50 per share, ... [Read]
How The Cannabis Industry Shapes Up Following Aurora-CanniMed Deal
A $22.6 Billion Industry Is Cooking Up Following yesterday’s announcement that marijuana producer Aurora Cannabis Inc. (TSX:ACB) will buy competitor CanniMed Therapeutics Inc. (TSX:CMED) in a $1.1 billion dollar deal, the Canadian cannabis industry is ... [Read]
Heritage Cannabis Holdings — Newest Entrant Into The Canadian Cannabis Market
Meet Heritage Cannabis Holdings Corp. (CSE:CANN), the newest company to enter the blazing hot Canadian cannabis market. The company was previously called Umbral Energy Corp. (CSE:UMB) and focused mainly on mineral exploration in Quebec. In ... [Read]