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]
The Perfect Ingredient To Solving Food Safety Issues
The Perfect Ingredient To Solving Food Safety Issues (Sponsored)
Another fast food safety scandal rocked the industry in July 2017, when it was reported that customers had fallen ill after eating at Chipotle. This was after an initial outbreak in their restaurants in 2015. ... [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]
Aurora Cannabis to Buy CanniMed for $1.1B, Creating the World’s Biggest Marijuana Producer
Aurora Cannabis Inc. (TSX:ACB), Canada’s second-largest marijuana producer, has finally agreed to acquire CanniMed Therapeutics Inc. (TSX:CMED) in a cash-and-stock deal worth $1.1 billion. This would create the world’s largest weed producer with a combined ... [Read]
Market Movers: Leagold Mining to Make Offer for Brio Gold
Leagold Mining Corp. (TSX:LMC) intends to make an offer to acquire all the shares of Brio Gold Inc. (TSX:BRIO) at $2.80 each on or before February 28. This offer represents a 57% premium over Brio ... [Read]
Mogo Finance Creates Blockchain Subsidiary, To Begin Bitcoin Mining
Online lender, Mogo Finance Technology Inc. (TSX:MOGO) has created a new subsidiary named Mogo Blockchain Technology Inc. to serve as the main vehicle for Mogo’s blockchain operations, including new product development and strategic partnerships. Mogo ... [Read]
Market Movers: Victory Square Invests In Gibraltar’s Rock Token ICO
Victory Square Technologies Inc. (CSE:VST) has become an early investor in the Gibraltar Blockchain Exchange (GBX), a subsidiary of the Gibraltar Stock Exchange (GSX), by investing US$150,000 into the upcoming Rock Token ICO. In turn, ... [Read]
HIVE Blockchain Begins Ethereum Mining In Sweden
HIVE Blockchain Technologies Ltd. (TSX.V:HIVE) (OTC:HVBTF) has completed phase I of a multi-phase buildout of a large-scale GPU-based mining complex in Sweden. The company has now begun Ethereum mining operations at the facility, which is also ... [Read]