Canada’s No. 2 marijuana producer Aurora Cannabis Inc has agreed to buy smaller rival CanniMed Therapeutics Inc for C$1.1 billion ($852 million) as companies jostle to benefit from the country’s legalization of recreational marijuana use later this year.
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San Francisco supervisors delayed voting Tuesday on proposed pot regulations, making it more unlikely that people in this weed-friendly city will be able to buy recreational pot when adult use becomes legal Jan. 1 in California.
Here’s why Scotts Miracle-Gro Company, GW Pharmaceuticals, and Canopy Growth Corporation are three stocks to buy if you’ve never bought a cannabis stock.