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Aurora Cannabis buys CanniMed in Canada’s biggest deal

Aurora Cannabis buys CanniMed in Canada’s biggest deal

Cremona, Alta.-based Aurora agrees to pay $43 a share in stock, cash for each Saskatoon-based CanniMed share. Two of Canada’s major marijuana producers have agreed to the biggest deal in the country’s booming pot sector after months of negotiations that started with a hostile takeover bid. Cremona, Alta.-based Aurora Cannabis will buy rival Saskatoon-based producer CanniMed Therapeutics […]

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Name change reflects Edmonton-based liquor retailer’s ambition to dominate alcohol, cannabis markets

Name change reflects Edmonton-based liquor retailer’s ambition to dominate alcohol, cannabis markets

Corporate giants, like Anheuser-Busch, may enter cannabis trade if they decide a profit can be made, prof says   The name change of Liquor Stores N.A., which owns the Liquor Depot chain, to Alcanna this week represents the company’s intent to expand into the Canadian cannabis market alongside Aurora Cannabis, the second-largest cannabis grower in Canada. “They’re our business […]

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