A major player in B.C.’s greenhouse vegetable sector is about to expand its operations into an Alberta cannabis grow facility — backed by a major investment from the plant’s owner. […] Read more
Tag Archives aurora cannabis
Aurora buys control of major B.C. hothouse veg firm
Bevo Farms to take over Aurora Sky cannabis production site
Aurora Cannabis revenue short of expectations on lower pot demand
Reuters — Aurora Cannabis on Monday missed Wall Street expectations for fourth-quarter revenue as pandemic-related restrictions weighed down consumer demand, leading Canadian provinces to cut orders. U.S.-listed shares of the […] Read more
Aurora Cannabis to shut one Edmonton plant
Reuters — Aurora Cannabis said Tuesday it will shut down a facility at Edmonton, adding to the woes of the cash-strapped Canadian pot producer which has been reeling under the […] Read more
Aurora Cannabis to shut five Canadian grows
Closures mean layoffs for 30 per cent of firm's production staff
Edmonton marijuana producer Aurora Cannabis is poised to close five of its grow sites across Canada and lay off almost a third of its production workforce. The company on Tuesday […] Read more
More pain in store for Canadian marijuana companies
Aurora Cannabis, Tilray cut jobs
Toronto | Reuters — Investors are bracing for more job cuts and writedowns at Canadian cannabis producers before the industry stabilizes and becomes profitable, after two of the biggest weed […] Read more
Short-sellers circle cannabis stocks as profits dwindle
New York | Reuters — Wall Street’s love of cannabis appears to be going up in smoke as vaping-related ailments and missed revenue projections are prompting short sellers to raise […] Read more
Aurora Cannabis plans U.S. stock listing in October
Reuters — Canada’s Aurora Cannabis said Thursday it plans a U.S. listing of its shares in October, as it looks to cash in on strong investor appetite for marijuana producers. […] Read more
Aurora to buy Ontario’s MedReleaf in biggest-ever pot deal
Reuters — Aurora Cannabis will buy rival MedReleaf Corp. for $3.2 billion in the biggest deal yet to unify major Canadian pot growers, as the country moves toward legalizing marijuana […] Read more
Cannabis firm Aurora in talks to buy both CanniMed, Newstrike
Toronto | Reuters — Canadian marijuana producer Aurora Cannabis is in talks with rivals CanniMed Therapeutics and Newstrike Resources to buy both businesses in a friendly deal that would create […] Read more
CanniMed asks regulators to step in on hostile bid
Reuters — Medical marijuana company CanniMed Therapeutics has asked federal regulators to intervene as it seeks to prevent a hostile takeover by bigger rival Aurora Cannabis Inc. Saskatoon-based CanniMed said […] Read more
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