Insights and Stories on Marijuana

May. 14, 2018 at 3:46 pm CDT

Reuters — Aurora Cannabis will buy rival MedReleaf Corp. for $3.2 billion in the biggest deal yet to unify major Canadian pot growers, as the country moves toward legalizing marijuana for recreational use. The deal announced Monday is the latest in a wave of mergers in the industry as marijuana […]

By John Benny, Nichola Saminather

Apr. 12, 2018 at 7:12 am CDT

Updated, April 13 — Canada’s No. 2 specialty coffeehouse chain has a partnership deal in place to convert some of its outlets in Western Canada to recreational cannabis shops and lounges. Second Cup on Thursday announced a “strategic alliance” with National Access Cannabis Corp. (NAC) to roll out a network […]

By Staff

Mar. 20, 2018 at 4:18 pm CDT

Toronto | Reuters –– Canada’s health regulator on Monday set out thresholds for a new class of cannabis cultivation and processing licenses, and outlined strict requirements for the packaging and labeling of recreational marijuana ahead of its legalization this year. The proposals were published in a document released by Health […]

By Nichola Saminather

Feb. 28, 2018 at 7:05 pm CST

Reuters — Canada’s No. 2 marijuana producer Aurora Cannabis on Wednesday received final regulatory approval for the purchase of smaller rival CanniMed Therapeutics, which would make it the world’s most valuable weed producer. The approval of the $1.1 billion deal from the Competition Bureau follows months of tensions between the […]

By Reuters

Feb. 16, 2018 at 2:03 am CST

Ottawa | Reuters — The sale of legalized recreational marijuana in Canada, which has already been pushed back once beyond the planned July start date, is set to be delayed even further, government officials said Thursday. The ruling Liberals are sparring with the upper Senate chamber, where a draft law […]

By Leah Schnurr