Day: September 10, 2018

Aurora Cannabis to Acquire South American Market Leader ICC Labs

EDMONTON, Alberta and VANCOUVER, British Columbia, Sept. 10, 2018 — Aurora Cannabis Inc. (TSX: ACB) and ICC Labs Inc. (TSX-V: ICC) announced today that the companies have entered into a definitive arrangement agreement pursuant to which Aurora intends to acquire all of the issued and outstanding common shares of ICC for $1.95 per share (payable in common […]

The post Aurora Cannabis to Acquire South American Market Leader ICC Labs appeared first on Cannabis Life Network.

Source: https://cannabislifenetwork.com/aurora-cannabis-to-acquire-south-american-market-leader-icc-labs/…

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CannTrust Announces Director Resignation

VAUGHAN, ON, Sept. 9, 2018 /CNW/ – CannTrust Holdings Inc. (“CannTrust” or the “Company”, TSX: TRST), one of Canada’s leading licensed producers of cannabis, announces that it has accepted the resignation of Mr. Norman Paul as a director of the Corporation. The Company wishes to thank Mr. Paul for his years of valuable and dedicated service and wishes him every success in his future endeavours.

The post CannTrust Announces Director Resignation appeared first on Cannabis Life Network.

Source: https://cannabislifenetwork.com/canntrust-announces-director-resignation/…

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Higher education? BC universities weigh in on cannabis on campus

With cannabis about to be legalized, the issue of cannabis use on Canadian campuses looms large as universities and colleges across the country update their policies before the Oct. 17 deadline. While some higher learning institutions are taking a zero-tolerance approach to getting high, others are developing more reasonable and common sense based policies. Here’s […]

The post Higher education? BC universities weigh in on cannabis on campus appeared first on Cannabis Life Network.

Source: https://cannabislifenetwork.com/higher-education-bc-universities-weigh-in-on-cannabis-on-campus/…

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When will Big Tobacco enter the Canadian cannabis market?

Liquor companies have already started positioning themselves in the Canadian cannabis sector, will Big Tobacco be the next one to join it?

Tobacco companies will be ‘damned if they miss out’ on the colossal profits that the cannabis industry is promising to start making very soon.

A study published by the health-policy journal Milbank Quarterly says that “tobacco companies have been interested in marijuana and marijuana legalization as both a potential and a rival product ever since the 1970’s”.

Canopy Growth now has a market cap of $11.55 billion, after a significant investment on the side of Constellation Brands, the liquor company which is behind the like of Corona and Svedska Vodka.

Two Canadian marijuana producers have already sold a controlling stake in their companies to a midsized US tobacco leaf trader— Alliance One.

Alliance One International bought a 75% equity position in Canada’s Island Garden and an 80% stake in Goldleaf Pharm this January.

Many thought that this marked the start of tobacco companies entering the cannabis market, however, they would have been wrong as none of the Big …

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