The Cannabis Investor is a leading media outlet for Cannabis investment opportunities and breaking industry news. Here on the Marijuana Minute, you will find Cannabis Stock News recap for the week of April 6th- April 12th, 2019.
Canopy Growth’s Spectrum Cannabis Announces Partnership to Educate Seniors on Medical Cannabis
Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) is pleased to announce a partnership with an endorsement from CARP, Canada’s largest and most trusted advocacy association for aging Canadians and it’s print, online, radio and TV voice, ZoomerMedia.
Spectrum Cannabis will be offering tailored educational initiatives for over 320,000 CARP members seeking more information on medical cannabis, along with preferred pricing for Spectrum Cannabis branded products which have received the “CARP Recommended” seal.
Canopy Growth to Join S&P/TSX 60 on April 18
Canopy Growth Corporation will replace Goldcorp Inc. (TSX: G) in the S&P/TSX 60 Index effective prior to the open of trading on Thursday, April 18. Concurrent with the replacement, Goldcorp will be dropped from the S&P/TSX Composite Index. Newmont Mining Corp. (NYSE: NEM) is acquiring Goldcorp in a transaction expected to be completed soon pending final conditions.
Canopy Growth engages in growing, possession, and sale of medical cannabis, headquartered in Smiths Falls, ON.
Aleafia Health Inc. News – (TSX: ALEF) (OTCQX: ALEAF) (FRA: ARAH)
Aleafia Health Increases Strategic Investment in Australian LP CannaPacific
Aleafia Health Inc. has increased its strategic investment in CannaPacific Pty. Limited, a medical cannabis company that is federally licensed to cultivate and research cannabis in Australia.
Aleafia Health further invested AU$540,000 in ordinary shares of CannaPacific in connection with CannaPacific’s AU$4,500,000 capital financing.
The greenhouse facility will be used for cannabis cultivation grown for eventual sale to medical patients and global export. CannaPacific’s management is composed of veterans of medicine, pharmaceutical manufacturing, and sales, oncology, hospital management, plant science, and cannabis cultivation.
Aleafia Health Applauds Commitment to Private Retail Expansion in the Ontario Budget
Aleafia Health boasts a robust private cannabis retail strategy with national reach including equity stakes and supply agreements with three major retailers;
- Emblem Corp. which is wholly-owned by Aleafia Health signed a five-year supply and preferred vendor agreement with Compass Cannabis Clinics (“Compass”) for Starbuds Canada in addition to taking an equity stake in Compass;
- Additionally, Aleafia Health owns an equity stake in leading cannabis retailer Fire & Flower;
- And the Company also owns a 10 percent equity stake in the emerging One Plant (Retail) Corp. a cannabis retail joint-venture with Serruya Private Equity
CannTrust Receives Green Light From Health Canada for Phase 2 Expansion
CannTrust Holdings Inc. is pleased to announce that its cultivation and processing permit under Health Canada Cannabis Regulations was amended to include the final 20% of its Phase 2 expansion. The entire 450,000 sq. ft. of its perpetual harvest greenhouse in Pelham, Ontario, is now fully licensed.
CannTrust Launches Three New Medical Cannabis Extract Formulations
CannTrust Holdings Inc.is pleased to announce that it has launched three new cannabis extract formulations to meet the growing demand for oil-based products. The new formulations are designed to fill previously unmet needs within the Canadian medical market, identified through market research and the Company’s long-standing relationships with thousands of medical cannabis patients and their healthcare practitioners.
More Cannabis Stock News
Trulieve Reports Record Full Year 2018 Revenue of $102.8 Million
Trulieve Cannabis Corp. (CSE: TRUL) (OTCPK: TCNNF) (“Trulieve” or the “Company”) today announced its financial results for the fourth quarter and full year ended December 31, 2018. Unless otherwise stated, all currency is expressed in U.S. dollars.
Aurora Cannabis to Expand Aurora Sun to 1.62 Million Sq Ft with Target Capacity of Over 230,000 kg
Aurora Cannabis Inc. (the “Company” or “Aurora”) (NYSE: ACB) (TSX: ACB) (Frankfurt: 21P; WKN: A1C4WM) today announced an update on the status of Aurora Sun, the Company’s latest and largest Sky Class facility, which is currently under construction in Medicine Hat, Alberta.
To support the rapidly growing global demand for high-quality medical cannabis in Canada and abroad, the facility will be expanded to 1.62 million square feet.
Ignite International Brands Signs Definitive Agreement to Acquire Ignite US
Ignite International Brands, Ltd. (CSE: BILZ) (the “Company“) is pleased to announce that, further to its news release of March 1, 2019, it has entered into a definitive business combination agreement (the “Agreement“) to acquire all of the issued and outstanding common shares of Ignite International, Ltd. (“Ignite US“) in exchange for securities of the Company (the “Transaction“).
The Transaction is subject to customary conditions as outlined below, including shareholder approval and the approval of the Canadian Securities Exchange (“CSE“), and is expected to be completed pursuant to a plan of arrangement. A special meeting of shareholders of the Company is expected to be held in May 2019 in order to seek approval of the Transaction (the “Meeting“).
TransCanna to Close 196,000 Sq. Ft. Vertically Integrated Cannabis Facility Acquisition on April 15
TransCanna Holdings Inc.(CSE: TCAN) (FSE: TH8) (“TransCanna” or the “Company”) announces that it anticipates the closing of escrow for the acquisition of the 196,000 square foot facility in California will be on or about Monday, April 15th.
iAnthus to Speak at Three Conferences, Including the Benzinga Cannabis Capital Conference
iAnthus Capital Holdings, Inc. (CSE: IAN) (OTCQX: ITHUF), which owns, operates, and partners with best-in-class regulated cannabis operations across the United States, is pleased to announce that its management will be speaking at three major upcoming conferences: GMP Securities’ Cannabis Conference in Toronto, Jefferies Cannabis Summit in New York, and the Benzinga Cannabis Capital Conference in Toronto.
The Cannabis Investor is a leading media outlet for Cannabis investment opportunities and breaking industry news. TCI is focused on uncovering paradigm-shifting marijuana stocks and reporting on the evolving cannabis value chain.
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