Nova Scotia Liquor Taps Tilray For Adult-Use Cannabis Products

Cannabis will soon be sold in select NSLC stores.

CANADA:  Tilray Canada announced that it has been selected by the Nova Scotia Liquor Corporation to receive an initial purchase order for adult-use cannabis. The purchase order would allow Tilray, one of fourteen cannabis producers selected by NSLC, to supply the province of Nova Scotia with a diverse array of cannabis products in anticipation of the launch of Read the full article…

LDB Issues Product Call For Non-Medical Cannabis

LDB issues product call for non-medical cannabis

CANADA: The BC Liquor Distribution Branch (LDB) has issued a second product call as part of a continuing effort to expand its wholesale product assortment for non-medical cannabis. In July, the LDB entered into memorandums of understanding with 32 licensed producers to form its initial wholesale product assortment to cater to the B.C. market directly following legalization Read the full article…

Sproutly Closes Acquisition of Infusion Biosciences Canada And SSM

Sproutly Closes Acquisition of Infusion Biosciences Canada and SSM

CANADA: Sproutly Canada has completed the acquisition of all of the issued and outstanding shares of Infusion Biosciences Canada, according to a company press release. “We are extremely excited to finalize this Acquisition, enabling Sproutly to commercialize the APP Technology in major regulated markets around the world with innovative cannabis products that target the $50+ billion Read the full article…

Aphria Secures $25 Million Loan From WFCU Credit Union

Marijuana is big business

CANADA: Aphria has secured $25 million in debt financing from WFCU Credit Union, according to a company press release. The five-year term loan bears interest at 4.68%, has a 15-year amortization and was entered into on July 27, 2018. This is the second round of debt-financing secured by the Company from WFCU, having previously secured a $25 million five-year Read the full article…