Search Results for: Aurora Cannabis

Hot Pot Stocks: Aurora Cannabis vs. GW Pharmaceuticals. Which Cannabis Stock To Buy?

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By Cristine Felt  Aurora Cannabis vs. GW Pharmaceuticals: Which Cannabis Stock To Buy? In this time and age when cannabis industry is simply blooming, it appears even an inexperienced rookie could try their hand at buying cannabis stocks and shares without the slightest fear of losing. Indeed, the global market is thought to be worth some Read the full article…

Aurora Cannabis to Acquire Mexico’s Farmacias Magistrales S.A.

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First License to Import, Manufacture, Store, and Distribute Medical Cannabis Containing THC in Mexico CANADA: Aurora Cannabis has announced that the Company has entered into a Letter of Intent to acquire all of the issued and outstanding shares of Farmacias Magistrales, subject to customary due diligence provisions, the completion of definitive agreements, and regulatory and government Read the full article…

Aurora Cannabis Increases Cornerstone Investment in Cannabis Retailer Choom with Additional $20,000,000

Aurora Cannabis

CANADA: Aurora Cannabis and Choom Holdings, an emerging adult use cannabis company that has secured one of the largest retail networks in Canada, have announced that the companies have completed a non-brokered private placement of a debenture in the principal amount of $20,000,000 in Choom by Aurora, convertible into common shares of Choom at a conversion price of $1.25 per Common Share, with a Read the full article…

Aurora Cannabis Announces Application To List On The NYSE

Aurora Cannabis Announces Application to List on the NYSE

CANADA: Aurora Cannabis announced today that the Company has filed an application to list its common shares on the New York Stock Exchange. Listing of the Company’s common shares on the NYSE remains subject to the approval of the NYSE and the satisfaction of all applicable listing and regulatory requirements. Aurora anticipates that, subject to receipt Read the full article…

Aurora Cannabis Announces $200 Million Debt Facility With Bank Of Montreal

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CANADA:  Aurora Cannabis has agreed to a new $200 million debt facility, with a potential upsize to $250 million, with the Bank of Montreal (“BMO”). The facility will consist of a $150 million term loan and a $50 million revolving credit facility (together, the “Loans”), both of which will mature in 2021. A short period after the implementation of Bill C-45 in October 2018, the Company Read the full article…

Aurora Cannabis Finalizes Largest Acquisition In Cannabis Industry History

Aurora Cannabis Acquires CanniMed

CANADA: Aurora Cannabis has announced today that with the second take-up under its offer to acquire all of the outstanding shares of CanniMed Therapeutics, the Company now owns approximately 95.9% of CanniMed common shares. The Company intends to acquire the remaining outstanding shares it does not already own through a compulsory share acquisition, pursuant to the Read the full article…

Aurora Cannabis Increases Stake In Hempco To 35%

This amended license brings the Company one step closer to increasing its global presence as the prominent industry leader in cannabis innovation, production, and distribution of high-demand cannabis strains.

CANADA: Aurora Cannabis and Hempco Food and Fiber announced that Aurora has exercised 10,558,676 warrants to purchase common shares of Hempco for total proceeds of $4.3 million to Hempco. Consequent the warrant exercise, Aurora now owns 21,117,352 Hempco common shares, reflecting an ownership interest of approximately 35%. “With this further investment by Aurora we are now very well capitalized Read the full article…

Metro Cannabis Sues Aurora After Being Denied Retail Marijuana License For Cannamart

Marijuana business files lawsuit over denial of a business license and challenges of Aurora's process of awarding recreational marijuana licenses based on a point system.

COLORADO:  The city of Aurora “manipulated the process” of selecting who would receive a license to sell recreational marijuana in the city, according to a lawsuit filed Tuesday by a business owner who was denied a license. In the suit, Metro Cannabis, which sought to open a recreational pot shop called Cannamart, claims that Aurora Read the full article…

New Report: Legal Cannabis Market Projected To Grow 27% CAGR By 2023

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IRELAND: The legal cannabis market is projected to register a CAGR of over 27% by 2023, according to “Global Legal Cannabis Market 2019-2023″ a new report just added to ResearchAndMarkets.com. The latest trend gaining momentum in the market is the use of advanced techniques in cannabis cultivation. According to the report, one of the major drivers for this market Read the full article…

Canadian Cannabis Companies Seeking Higher Stakes in Australian Market

Stock prices on several Australian companies are beginning to take off, as the reality of Australia as a viable cannabis market for years to come, sets in.

CANADA: As investor excitement continues to climb in Canada over the upcoming legalization of cannabis on July 1, 2018, major Canadian companies are already setting their sights on the next big legal cannabis market-Australia. Big players in the Canadian cannabis space already have started to stake claims “Down Under” where medical cannabis is beginning to take hold.  Notable companies include Aurora Cannabis (TSX: Read the full article…