Reuters — Corona beer maker Constellation Brands will invest a further $5 billion in Canada’s top cannabis producer Canopy Growth, doubling down on one of a growing number of bets […] Read more
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Tag Archives marijuana
Corona owner pours more funds into weed producer
Ontario delays start date of retail cannabis sales
Toronto | Reuters — Ontario’s newly elected Tory government said Monday it will delay the start date of recreational marijuana sales in the province and will allow private retailers to […] Read more
Canopy Growth to buy Tokyo Smoke owner Hiku Brands
Reuters — Ontario’s Canopy Growth Corp. is buying Toyko Smoke cannabis owner Hiku Brands Co. Ltd. for $269.2 million, the latest deal in a fast-consolidating sector ahead of legal recreational […] Read more
U.S. approves marijuana-derived drug for epilepsy
Reuters — The U.S. health regulator approved GW Pharmaceuticals’ epilepsy treatment on Monday, making it the first cannabis-based drug to win approval in the country and opening floodgates for more […] Read more
Senate approves recreational use of marijuana
Toronto | Reuters — Canada’s upper house of Parliament on Tuesday approved a revised bill to legalize recreational marijuana, setting the stage for the country to become the first Group […] 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
Second Cup to set up cannabis lounges in West
Updated, April 13 — Canada’s No. 2 specialty coffeehouse chain has a partnership deal in place to convert some of its outlets in Western Canada to recreational cannabis shops and […] Read more
Canada prepares for legal pot with new license class, labels
Toronto | Reuters –– Canada’s health regulator on Monday set out thresholds for a new class of cannabis cultivation and processing licenses, and outlined strict requirements for the packaging and […] Read more
Pot firm Aurora’s CanniMed deal gets regulatory nod
Reuters — Canada’s No. 2 marijuana producer Aurora Cannabis on Wednesday received final regulatory approval for the purchase of smaller rival CanniMed Therapeutics, which would make it the world’s most […] Read more
Recreational marijuana sales in Canada face fresh delays
Ottawa | Reuters — The sale of legalized recreational marijuana in Canada, which has already been pushed back once beyond the planned July start date, is set to be delayed […] Read more
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