Wall Street Disruptors Fuel Cannabis Investor Flameout
It seems like the cannabis industry just has not found its mojo.
The post Wall Street Disruptors Fuel Cannabis Investor Flameout appeared first on The Fresh Toast.
Tilray
Will GW’s multibillion-dollar sale ‘open floodgates’ to pharma-cannabis deal-making?
Jazz Pharmaceuticals’ planned $7.2 billion takeover of United Kingdom-based GW Pharmaceuticals could kick off a wave of deal-making between pharma and medical cannabis companies, analysts and industry sources say. But rather than all cannabis pro…
Will GW’s multibillion-dollar sale ‘open floodgates’ to pharma-cannabis deal-making?
Jazz Pharmaceuticals’ planned $7.2 billion takeover of United Kingdom-based GW Pharmaceuticals could kick off a wave of deal-making between pharma and medical cannabis companies, analysts and industry sources say. But rather than all cannabis pro…
Canada’s ‘croptober’ surge pushes cannabis inventory over 1 million kilograms
Canadian licensed producers added a record 220,461 kilograms of marijuana to their inventories in October 2020, according to new data offering a statistical glimpse of the country’s first large-scale “croptober” – when most of the fall outd…
Aphria grows Q2 revenue, reports CA$120.6M net loss
Canadian cannabis company Aphria reported increased quarterly revenue on Thursday for the quarter ended Nov. 30, with a net loss of 120.6 million Canadian dollars ($95.3 million). The Ontario-based firm posted net revenue of CA$160.5 million, a 10% inc…
Investment Analysts: What Democratic Senate Means For Federal Marijuana Legalization
Investment Analysts: What Democratic Senate Means For Federal Marijuana Legalization
Leading investment analysts predict that cannabis stocks will soar big time following last week’s Democratic takeover of the U.S. Senate.
The post Investment Analysts:…
Aphria and Tilray to merge, creating CA$5 billion global cannabis giant
Canadian cannabis companies Aphria and Tilray on Wednesday announced plans to merge, a transaction that would create a giant international marijuana firm with combined equity value of approximately 5 billion Canadian dollars ($3.9 billion).
Aphria and …
Uruguay completes another large export of high-THC flower to Portugal
Uruguay-based Fotmer completed another large export of high-THC flower to Portugal at the end of November, according to Uruguayan customs records viewed by Marijuana Business Daily. The company declared two exports, each with a value of almost $1.3 mil…
Tilray adds dronabinol to German product portfolio
Canadian cannabis producer Tilray is offering dronabinol in the German medical cannabis market, according to a notice in the German trade publication Apotheke AdHoc. Tilray’s dronabinol is plant-derived – like most, if not all, of the drona…
Another cannabis flower recall in Germany stemming from contamination
Curious about the developing European cannabis markets? Then tune in to the Europe Market Forum on Monday, Nov. 23, at MJBizCon’s Passholder Days. The many global topics include the session “Germany: Land of Opportunity.” More information is available …