Tag Archives: Chris Damas

Aurora Cannabis to Buy Rival to Create World's Most Valuable Weed Firm

Aurora Cannabis to Buy Rival to Create World’s Most Valuable Weed Firm

Aurora Cannabis to Buy Rival to Create World’s Most Valuable Weed Firm

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.

Canada Weed Stocks Come Off High as Challenges Loom Before Legalization

Canada Weed Stocks Come Off High as Challenges Loom Before Legalization

Canada’s weed stocks, which have surrendered some of the potent gains that pushed them to record highs this month, face a bumpy ride in 2018 that could purge smaller players, as the country moves to allow recreational use of cannabis in July.


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