Zenabis Secures $51M Credit Facility With Major Canadian Bank
Marijuana Stocks, Finance, & InvestingUncategorized January 24, 2019
Zenabis has entered into a $51M credit agreement provided by a major Canadian chartered bank for the purposes of repayment of existing Bevo Farms Ltd. debt, the intended acquisition of Topgro and conversion of the Langley Facility for cannabis production
Read moreCanopy Rivers Announces Investment in Adult-Use Cannabis Beverage and Edibles Brand
Marijuana Stocks, Finance, & InvestingUncategorized January 24, 2019
Canopy Rivers Inc. (TSXV:RIV) is pleased to announce it has completed an equity investment in 10663522 Canada Inc., or “Herbert”, a unique brand platform that focuses on the adult-use cannabis beverage and edibles market.
Read moreCBD Ads To Be Shown For First Time at Super Bowl With Baristas Super Bowl CBD Coffee Ads In Stadium
Marijuana Stocks, Finance, & Investing January 24, 2019 0
CBD Ads To Be Shown For First Time at Super Bowl With Baristas Super Bowl CBD Coffee Ads In Stadium
Super Bowl LII will feature Baristas EnrichaRoast CBD Coffee ads at the stadium. Marking the first time CBD ads are shown at the Super Bowl.
Westleaf Acquires Canndara For $48.4 Million
Marijuana Stocks, Finance, & Investing January 24, 2019 0
Westleaf Acquires Canndara For $48.4 Million
Westleaf Inc. (TSX-V: WL), has exercised its option to acquire 100% of Canndara Canada Inc., a cannabis retail company with over fifty (50) prospective premium retail locations across Canada
Aurora Cannabis Closes $345 Million Offering of Convertible Notes
Marijuana Stocks, Finance, & Investing January 24, 2019 0
Aurora Cannabis Closes $345 Million Offering of Convertible Notes
Aurora Cannabis Inc. (NYSE: ACB) (TSX: ACB) (Frankfurt: 21P; WKN: A1C4WM) has closed its previously announced offering of 5.5% convertible senior notes due 2024 for gross proceeds of US$345 million
Cannabis Retailer Fire & Flower Achieves C$10 Million Sales Milestone
Marijuana Stocks, Finance, & Investing January 23, 2019 0
Cannabis Retailer Fire & Flower Achieves C$10 Million Sales Milestone
Fire & Flower Inc., an independent cannabis retailer, has achieved a milestone of $10 million in sales since opening on October 17th, 2018, the date adult-use recreational cannabis became legal in Canada.
Tilray® to Acquire Natura Naturals Holdings Inc. for up to C$70 Million Subject to Performance Milestones
Marijuana Stocks, Finance, & Investing January 23, 2019 0
Tilray® to Acquire Natura Naturals Holdings Inc. for up to C$70 Million Subject to Performance Milestones
Tilray, Inc. (NASDAQ:TLRY), announced it has entered into a definitive agreement pursuant to which Tilray, through a wholly-owned subsidiary, will acquire all of the issued and outstanding securities of Natura Naturals Holdings Inc., the parent company of a licensed cultivator of cannabis.
Hexo To Raise $50M Through Proposed Public Offering Of Common Shares
Marijuana Stocks, Finance, & Investing January 23, 2019 0
Hexo To Raise $50M Through Proposed Public Offering Of Common Shares
HEXO Corp. (TSX: HEXO) today announced that it will be filing a preliminary prospectus supplement to its amended and restated short form base shelf prospectus dated December 14, 2018 relating to a proposed marketed public offering of common shares of the Company for gross proceeds of approximately C$50 million.
Cannabis Brand Company SLANG Worldwide (SLNG) to Make Debut on CSE on January 29
Marijuana Stocks, Finance, & Investing January 23, 2019 0
Cannabis Brand Company SLANG Worldwide (SLNG) to Make Debut on CSE on January 29
The Cannabis Brand Company has received conditional approval from the CSE for the listing of the Common Shares and expects the Common Shares to commence trading on the CSE under the stock symbol “SLNG” at market open on or about January 29, 2019.
Aphria Urges Shareholders to Take No Action With Respect to Unsolicited Takeover Bid by Green Growth Brands
Marijuana Stocks, Finance, & Investing January 23, 2019 0
Aphria Urges Shareholders to Take No Action With Respect to Unsolicited Takeover Bid by Green Growth Brands
Aphria Inc. (TSX: APHA and NYSE: APHA) today confirmed that Green Growth Brands Inc. (CSE:GGB) has commenced an unsolicited take-over bid to acquire all outstanding common shares of the Company, other than the common shares of the Company owned by GGB or its affiliates, in exchange for 1.5714 common shares of GGB.