Insights and Stories on Cannabis

Feb. 27, 2019 at 12:14 pm CST

Possible options including a sale, merger or moving into the cannabis business are now on the table for “commodity streaming” canola firm Input Capital Corp. Regina-based Input, which trades publicly on the TSX Venture Exchange, announced Wednesday its board has launched a “comprehensive review of strategic alternatives to enhance shareholder […]

By GFM Staff

Jan. 24, 2019 at 10:01 pm CST

Reuters — U.S. cannabis retailer Green Growth Brands said on Tuesday it would make a second all-stock takeover bid for Aphria, valuing the Canadian pot producer at about $2.35 billion. Several companies are looking to partner with or buy pot firms to explore opportunities in the Canadian cannabis sector after […]

By Reuters

Jan. 12, 2019 at 1:57 pm CST

Reuters — Canadian pot producer Aphria’s co-founder and CEO Vic Neufeld is stepping down, at a time the company is facing questions about its deals in Latin America and a recent slump in its shares. The Leamington, Ont. company also said its marijuana sales nearly doubled in the second quarter […]

By Reuters

Dec. 29, 2018 at 12:09 am CST

Reuters — Canadian cannabis producer Aphria said on Friday Green Growth Brands’ proposed $2.8 billion all-stock hostile bid “significantly” undervalued the company. Ohio-based cannabis retailer Green Growth, which merged with Xanthic Biopharma in November, said on Thursday it would offer 1.5714 shares for each Aphria share. The company said its […]

By Reuters

Dec. 27, 2018 at 5:41 pm CST

Reuters — U.S. cannabis company Green Growth Brands said on Thursday it would make a takeover bid for Aphria Inc., valuing the Canadian pot producer at $2.8 billion. The all-stock offer comes at a time when several companies are looking to partner with or buy pot firms to explore opportunities […]

By Reuters