Aurora Cannabis to raise $33.8M in share offering, plans to repay convertible debt
EDMONTON - Shares of Aurora Cannabis Inc. were down more than 10 per cent after the cannabis company announced plans to raise $33.8 million in a share offering. The company says Canaccord Ge...
Read MoreCanadian pot companies cheer as Senate committee advances cannabis finance reforms
WASHINGTON - Canadian cannabis companies and their investors cheered a Senate committee's decision Wednesday to push forward with measures designed to ease federal financing restrictions on th...
Read MoreJudge tosses Okanagan pot shop suit over unlicensed stores on reserve
A BC judge tossed out a claim from 14 cannabis stores which claimed the province's inability to control unlicensed shops on First Nation reservation lands was hurting their business. The...
Read MoreBioSteel creditors list shows company owes millions to the who's who of sports
SMITHS FALLS, Ont. - BioSteel Sports Nutrition Inc. owes a slew of top-ranking sports teams and leagues millions of dollars. In a preliminary list filed by the sports drink company which obt...
Read MoreSpiritleaf Vernon provides a growing array of cannabis products
Sarah Ballantyne will often tell a customer at her Vernon cannabis retail store to say hi to his or her mom for her. It’s not that the owner of the Spiritleaf outlet necessarily knows the mo...
Read MoreThe economic roller-coaster of a small Canadian town fuelled by chocolate and cannabis
SMITHS FALLS, Ont. - A small eastern Ontario town that was once known as the province's chocolate capital is preparing for the sweet return of Hershey's. "It's like an old f...
Read MorePsychedelic drug MDMA eases PTSD symptoms in a study that paves the way for possible US approval
The psychedelic drug MDMA can reduce symptoms of post-traumatic stress disorder, researchers reported in a new study published Thursday. The company sponsoring the research said it plans lat...
Read MoreHealth professionals, patients challenge court rejection of psilocybin use in training
A group of health-care workers and patients have turned to Federal Court in an effort to overturn Health Canada's rejection of their request to use a restricted psychedelic drug for profession...
Read MoreCanopy Growth lands creditor protection for BioSteel business, intends to sell brand
Tired of its sports drink business weighing on its books, Canopy Growth Corp. is making moves to shed the division. The Smiths Falls, Ont., cannabis company announced Thursday that it had ob...
Read MoreCopenhagen mayor urges foreigners to stop buying marijuana at city's drug oasis following shooting
COPENHAGEN, Denmark (AP) — Copenhagen’s mayor has urged foreigners not to buy weed in the city's Christiania neighbourhood where a 30-year-old man was shot and killed and four othe...
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