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]
World’s Biggest Cannabis Deal: Aurora Cannabis to Buy CanniMed
The cannabis market is set for a major shake-up today as Canadian weed producer Aurora Cannabis (TSE:ACB) closes a deal to purchase CanniMed (TSE:CMED) for $1.1B CAD ($852M USD). The purchase comes after weeks of ... [Read]
Cannabis Stocks on the CSE: Who’s Seeing Red and Who’s Seeing Green Today?
There’s a lot going on in the world today, and the week has only just started. First, the U.S. West Coast and western Canada received tsunami alerts this morning after a 7.9 magnitude earthquake hit ... [Read]
Top Traded Companies on the TSX Venture Exchange are Cannabis
Newstrike Resources Ltd. (TSXV:HIP), a producer of medical cannabis, is, at the time of writing, the highest traded stock on the TSX Venture Exchange according to Investors Hub, The company currently has 21,365 stock trades. ... [Read]
Why is Freedom Leaf, Inc. Up Nearly 90% Today?
Freedom Leaf, Inc. (OTCMKTS:FRLF) is starting the week off with a bang, and we’re not entirely sure why. Of course, there are a few reasons that might explain the company’s nearly 90% jump today, but ... [Read]
Canadian Cannabis Legalization – Where Will It Take Us?
In a recent CBC interview with various cannabis industry goers, cannabis and the changing cannabis landscape were put under the microscope. With Canada gearing up for recreational use legalization in the summer of this year, ... [Read]
Cannabis Stocks Dropping on the CNSX: Golden Leaf Holdings and True Leaf Medicine Int.
There is a lot of information getting pumped out into the world today. Energy stocks are increasing after two companies announced a pivot into the blockchain industry, President Trump went on a massive Twitter rant ... [Read]
Aphria Acquires Broken Coast Cannabis – Stock Rises Nearly 20%
Canadian medical cannabis producer Aphria (TSX:APH) this morning announced it has signed a deal to acquire Broken Coast Cannabis for approximately $230 million. The majority of the payment will consist of shares valued at $15.09, ... [Read]
The Supreme Cannabis Company, Inc. Shares Up 10% As Arizona Seeks To Protect Medical Cannabis
The Supreme Cannabis Company Inc (TSXV:FIRE) shares are trading higher today and at the time of reporting are at $2.62 CAD a share, up 10.08% for the day. The U.S markets are closed, as they ... [Read]
Are the Closed American Stock Markets Helping this Canadian Cannabis Company?
Are the Canadian markets trading well today because the American markets are closed? American markets are closed for the day to observe Martin Luther King Jr. Day, leaving the day’s trading to the international markets. ... [Read]