Cannabis dispensaries get real Oct. 17, 2018; municipal leaders can’t wait

Cannabis dispensaries get real Oct. 17, 2018; municipal leaders can’t wait
VICTORIA — On the day Canadians can legally buy and use recreational marijuana, the clock will start ticking for cannabis dispensaries already open across the country, say politicians and pot industry insiders. On Oct. 17, provincial licensing, monitoring and approval regulations on legal marijuana retail standards will become law and the cannabis business will get real for marijuana shops currently operating outside... Read More

Shopify to provide e-commerce platform for online B.C. cannabis sales

Shopify to provide e-commerce platform for online B.C. cannabis sales
VANCOUVER — British Columbia has selected Shopify Inc. to provide an e-commerce platform for the online sale of non-medical cannabis in the province. The Liquor Distribution Branch, which will be the sole wholesale distributor and public retailer of cannabis, says the Ottawa-based company was selected because of its proven record of on-time service, user-friendly design and approach to anticipating consumer needs.... Read More

Cannabis producer Tilray files for public offering on Nasdaq stock exchange

Cannabis producer Tilray files for public offering on Nasdaq stock exchange
NANAIMO, B.C. — Cannabis producer Tilray Inc. has filed for a proposed initial public offering on the Nasdaq stock exchange. The Nanaimo, B.C.-based company says it has not determined the number of shares to be offered or the price range for the offering. It will trade under the symbol TLRY. The company says it does not intent to list on any... Read More

Aurora Cannabis to spin off U.S. holdings to publicly traded Australis Capital

Aurora Cannabis to spin off U.S. holdings to publicly traded Australis Capital
EDMONTON — Aurora Cannabis Inc. is planning to spin off its Australis Capital subsidiary as a separate entity that would focus primarily on investing in the U.S. cannabis and real estate sectors. The spin-off will be achieved by distributing shares and warrants of the new company — to be listed on the Canadian Security Exchange. “The fragmented U.S. cannabis market has... Read More

Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,316.53, down 67.10 points) Aurora Cannabis Inc. (TSX:ACB). Healthcare. Up 41 cents, or 4.49 per cent, to $9.54 on 14.9 million shares. Baytex Energy Corp. (TSX:BTE). Oil and gas. Down five cents, or 1.12 per cent, to $4.42 on 12.6 million shares. Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Down 12... Read More

Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (16,328.96, up 63.14 points) Nemaska Lithium Inc. (TSX:NMX). Miner. Down three cents, or 3.09 per cent, to 94 cents on 5.04 million shares. Katanga Mining Ltd. (TSX:KAT). Miner. Down nine cents, or 6.67 per cent, to $1.26 on 4.8 million shares. Yamana Gold Inc. (TSX:YRI). Miner. Up 22 cents,... Read More

Supreme Court will not hear drug testing appeal involving oilsands workers

Supreme Court will not hear drug testing appeal involving oilsands workers
OTTAWA — The Supreme Court of Canada will not hear a union’s appeal of a key ruling about random drug testing at Suncor Energy’s oilsands operations in northeast Alberta. Suncor began testing staff in safety-sensitive jobs six years ago, prompting Unifor — which represents some 3,000 workers at the site — to file a grievance claiming the tests infringe privacy. An arbitration tribunal... Read More

Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,265.82, down 23.16 points) Katanga Mining Ltd. (TSX:KAT). Miner. Up four cents, or 3.05 per cent, to $1.35 on 8.9 million shares. Aurora Cannabis Inc. (TSX:ACB). Healthcare. Up 16 cents, or 1.81 per cent, to $9.02 on 7.3 million shares. Nemaska Lithium Inc. (TSX:NMX). Miner. Down one cent,... Read More

Aurora Cannabis buying Anandia Laboratories in all-stock deal valued at $115M

Aurora Cannabis buying Anandia Laboratories in all-stock deal valued at $115M
EDMONTON — Aurora Cannabis Inc. has signed an agreement to buy Anandia Laboratories Inc. in an all-stock deal valued at $115 million. Anandia provides research and development services as well as analytical testing for clients licensed under Canada’s medical cannabis rules. Aurora CEO Terry Booth says the deal expands his company’s capabilities and will help accelerate product development. The companies... Read More

Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (16,263.29, up 60.60 points) Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Up four cents, or 0.82 per cent, to $4.92 on 7.5 million shares. Aurora Cannabis Inc. (TSX:ACB). Healthcare. Down 38 cents, or 4.09 per cent, to $8.92 on 6.6 million shares. Baytex Energy Corp. (TSX:BTE). Oil and gas. Up three... Read More