Canadian securities regulators publish revised disclosure expectations for issuers with U.S. marijuana-related activities

PRESS RELEASE TORONTO, Feb. 8, 2018 /CNW/ – The Canadian Securities Administrators (CSA) today published CSA Staff Notice 51-352 (Revised) Issuers with U.S. Marijuana-Related Activities, which sets out CSA staff’s disclosure expectations for specific risks facing issuers with marijuana-related activities in the U.S. “In light of political and regulatory uncertainty […]

StatsCanada Survey Finds Canadians Pay An Average Of Under $7 Per Gram Of Cannabis

Canadians pay an average of less than $7 a gram for pot, according to Statistics Canada data collected through a crowdsourcing pilot project. More than 15,000 Canadians have participated in StatsCan’s online survey since Jan. 25, exceeding expectations of 1,000 to 2,000 entries. Broken down by province and territory, the average price […]

Tilray® Announces Completion of Series A Funding Round Led by Global Institutional Investors

PRESS RELEASE  C$60 million Series A financing will enable Tilray to increase production capacity and expand distribution in North America and Europe  TORONTO – Tilray, a global pioneer in medical cannabis research, cultivation, processing and distribution, today announced the completion of its Series A funding round totaling C$60 million. The […]

Top 4 Food Safety Hazards for the Cannabis Industry

As many US States and Canadian provinces approach legalization of cannabis, the question of regulatory oversight has become a pressing issue. While public awareness is mainly focused on issues like age restrictions and impaired driving, there is another practical question to consider: should cannabis be treated as a drug or […]

Canadian Cannabis Companies Set Their Sights On South America

Much has been made of the marijuana M&A spree afoot in Canada. Just this year alone, licensed producer Aurora Cannabis Inc. agreed to acquire CanniMed Therapeutics Inc for $852 million, which would create the largest cannabis company in the world. Bank of Montreal got into the weed game with a […]

Aurora Leads Cannabis Import Race in Italy by Winning (Mostly) Exclusive Rights

Just as the dust had settled on the news that Canadian LP Aurora had signed agreements to finance a major growing facility in Denmark, the company also added another European feather to its cannabis cap. On January 18, the company announced that it is the sole and exclusive winner of […]

Canadians Spent An Estimated $5.7 Billion On Cannabis Last Year

Nearly five million Canadians spent money on marijuana last year, spending an average of about $1,200 each, according to new federal data. That’s one of the main takeaways of a Statistics Canada report released Thursday that attempts to quantify the size of the market leading up to legalization this summer. The data […]

Canada’s Aurora Cannabis Will Supply Medical Marijuana To Italy

The post Canada’s Aurora Cannabis Will Supply Medical Marijuana To Italy appeared first on High Times. Canadian company Aurora Cannabis Inc. announced yesterday that it will begin supplying medical cannabis to Italy. Aurora Cannabis will export medical marijuana through its German-based subsidiary Pedanios GmbH. This new deal could mark an […]