FSD Pharma Appoints Former Member Of U.S. Congress To Its Board of Directors, Announces Share Consolidation

FSD Pharma

CANADA: FSD Pharma announced the appointment of former U.S. congressman Stephen Buyer to the Company’s Board of Directors. The Company also announced that it will complete a consolidation of its class A multiple voting shares and its class B subordinate voting shares each on a 1 to 201 basis. “In welcoming Steve Buyer to the Read the full article…

CannTrust Discloses Notice Of Licence Suspension

MJLegal

CANADA: CannTrust Holdings has announced that it received late this morning a Notice of Licence Suspension under section 64(1) of the Cannabis Act. The Notice cites the Company’s previous non-compliance with certain requirements of the Cannabis Act and the regulation made thereunder in respect of the matters that the Company has been discussing with Health Canada. The Notice states Read the full article…

Tilray And Privateer Sign Definitive Agreement To Extend Lock-up And Provide For Orderly Distribution Of 75 Million Tilray Shares Held By Privateer

tilray

CANADA: Tilray, a global leader in cannabis research, cultivation, production, and distribution, today announced that it has signed a definitive merger agreement with its largest stockholder Privateer Holdings, Inc. for a transaction that will extend the lock-up on and provide for the issuance of up to 75 million Tilray shares to Privateer’s equity holders (and the Read the full article…

Alternate Health Reports $1.9 Million Of Revenue In Q2 2019

Alternative Health

CANADA: Alternate Health Corp., an international leader in CBD extraction, product development and distribution, has announced that the company generated $1.9 million in Q2 revenue. “Alternate Health’s Q2 results represent just the beginning of our new strategic direction as we focus exclusively on the hemp-derived CBD industry and, especially, product development and distribution,” says Howard Read the full article…

Aphria Agrees To Accelerate Expiry Of Green Growth Brands Bid And Terminate Its Option With GA Opportunities Corp

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CANADA: Aphria announced that it has entered into a series of transactions that will accelerate the expiry date to April 25, 2019 for the previously announced take-over bid by Green Growth Brands Inc. and will terminate the arrangements with GA Opportunities Corp. for consideration of $89.0 million. Irwin D. Simon, Aphria’s Chairman and Interim Chief Executive Officer stated, “We are Read the full article…

Aphria’s Colombian Subsidiary, Colcanna, Inks Exclusive Agreement With Colombian Medical Federation

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CANADA:  Aphria announced that its Colombian subsidiary has signed an exclusive agreement with the Federación Médica Colombiana, a national guild that oversees the ethical exercise of the medical profession in Colombia, to jointly develop an academic curriculum on the medicinal use of cannabis. “Education in the medical community is critical for sustaining the advancement of medical cannabis in Colombia” Read the full article…

Health Canada Releases New Data On Cannabis Use In Canada

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2018 Survey provides a snapshot of Canadians’ knowledge, attitudes and behaviours related to cannabis before the law changed CANADA:The old approach to cannabis did not work. It let criminals and organized crime profit, while failing to keep cannabis out of the hands of Canadian youth. In many cases, it has been easier for our kids Read the full article…

Alternative Health To Acquire Kare MMJ, Operators of Bionic Bee Extracts In California

Bionic Bee Extracts

CANADA: Alternate Health Corp., an international leader in technology solutions for the regulated cannabis industry, announced that it has signed an agreement to acquire a majority stake in California cannabis company Kare MMJ. As part of the agreement, Alternate Health will also acquire Bionic Bee, California’s premiere flavoured cannabis extract manufacturer. The acquisition will give the Read the full article…

Altitude Investment Management Believes Canadian Cannabis Legalization “Milestone”

MONEY PLANT

NEW YORK: The legalization of cannabis for medical and adult use in Canada represents a milestone in the growing trend toward legalization and decriminalization of cannabis and cannabis products, according to Altitude Investment Management. “Canada is the second country in the world, after Uruguay, to legalize cannabis for both medical purposes and adult use, and it Read the full article…

Weekend Unlimited Shares Begin Trading On The Canadian Securities Exchange

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Trading Under the Symbol YOLO on the CSE on October 15, 2018 CANADA: Weekend Unlimited, a lifestyle cannabis company, announced that  its shares began trading Monday, October 15, 2018 on the Canadian Securities Exchange under the symbol YOLO. The Company is the result of a two for one consolidation and the previously announced amalgamation of Open Source Read the full article…