Thursday, January 17, 2019
Source: Motley Fool This green industry could have investors seeing red next year. Sean Williams (TMFUltraLong) Dec 19, 2018 at 8:21AM This has been a year to remember for the cannabis industry. In October, Canada became the first industrialized country in the world to legalize recreational marijuana, paving the way for billions of dollars...
From SeekingAlpha: Summary Market vastly underestimating long-term potential of Aurora Cannabis. Market yawns at huge deal for Farmacias Magistrales S.A., as it did with ICC Labs - the market is wrong. "Not for sale" - will command much higher price in any future partnership or outside investment. Aurora Cannabis (ACB) continues...
Source: BNNBloomberg Aurora strikes Mexico deal with Farmacias Magistrales Only three days after it announced a supply deal with Mexico’s Farmacias Magistrales, Aurora Cannabis decided to just buy the company outright. Aurora’s all-stock deal for Farmacias Magistrales gives the Canadian company a first-mover advantage in the world’s biggest market for legal...
Marlboro cigarette maker Altria Group Inc is in early talks to acquire Canadian cannabis producer Cronos Group Inc, as it seeks to diversify its business beyond traditional smokers, people familiar with the matter said on Monday. Cronos has not agreed to any deal and there is no certainty it will...
BNNBloomberg.com The companies that will dominate the global cannabis industry are going to emerge within the next two years amid a flurry of mergers and acquisitions, according to the head of an Aurora Cannabis Inc. unit. “I’m convinced that only big companies are going to be able to survive and create...
Investors are pumping more money into shorting pot stocks, despite the fact that doing so has resulted in estimated year-to-date losses of US$892 million, according to a U.S. firm that specializes in short-selling research. Ihor Dusaniwsky, managing director for predictive analytics at S3 Partners, says his data show investors have...
Milestone towards Completing Transaction to Establish Leadership in South American Market EDMONTON, Alberta and VANCOUVER, British Columbia, Nov. 01, 2018 (GLOBE NEWSWIRE) -- Aurora Cannabis Inc. (Aurora) (NYSE: ACB) (TSX: ACB) (Frankfurt: 21P; WKN: A1C4WM) and ICC Labs Inc. (ICC) (TSX-V: ICC) are pleased to announce that Aurora has received,...
Vancouver, British Columbia, Canada – Namaste Technologies Inc. (“Namaste” or the “Company”) (TSXV: N) (FRANKFURT: M5BQ) (OTCMKTS: NXTTF) is pleased to announce that the Company’s wholly-owned subsidiary, Cannmart Inc. (“Cannmart”), has signed a medical cannabis supply agreement (the “Agreement”) with RMMI Corp.’s (CSE: RMMI) wholly-owned subsidiary, Rocky Mountain Marijuana...
Major banks, with the exception of Bank of Montreal, appear to be exercising a significant degree of caution when it comes to providing their full suite of services Original article: https://www.thegrowthop.com/cannabis/why-canadian-banks-remain-cool-to-the-red-hot-cannabis-sector/wcm/83a99646-75f1-480c-b6b4-1108524f3b68 Cannabis might be legal in Canada now, but major Canadian banks — with the exception of the Bank of Montreal...
BELLEVUE, Wash., Oct. 23, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Novo Integrated Sciences, Inc. (OTCQB:NVOS) (“Novo Integrated Sciences”, or the “Company”) and Novo Healthnet Limited (“NHL”), a wholly owned subsidiary of the Company, announced today that on October 10, 2018 the Company and NHL executed a...