Cannabis News Box

Tilray is shuttering its High Park Gardens cannabis greenhouse

Bethan Rose Jenkins, Cannabis News Writer/Editorial

June 3, 2020

The Chief Executive Officer (CEO) of Tilray has backed out on a deal to grow cannabis from its High Park Gardens facility in Leamington, Ontario. A British Columbia-headquartered cannabis cultivator, Tilray is the latest in a string of Canadian businesses to reveal it will be closing the doors of its ...

Aurora Cannabis shareholders shudder as company sells itself short

Bethan Rose Jenkins, Cannabis News Writer/Editorial

May 20, 2020

On May 14, 2018, a press release announcing Aurora Cannabis' intention to acquire all of the issued and outstanding common shares of MedReleaf was published. This all-share transaction was valued at approximately CAD$3.2 billion – equivalent to USD$2.3 billion – on a fully-diluted basis. Unfortun...

These 5 cannabis stocks will slash production in 2020

Bethan Rose Jenkins, Cannabis News Writer/Editorial

January 13, 2020

The year 2020 brings pot investors a stroke of bad luck. According to data from the Marijuana Index – which monitors cannabis industry stocks – a 63 percent reduction in 45 of the leading North American cannabis stocks has been noticed since April 1.  Such a drastic decrease has been attribut...

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