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aurora cannabis News

Cronos Group sells entire stake in medical marijuana company

Whistler - Cronos Group announced on Monday that it has sold all of its common shares in the capital of Whistler Medical Marijuana Corporation to Aurora Cannabis Inc.

Aurora Cannabis sales strong even as losses balloon

Canadian cannabis producer, Aurora Cannabis posted a fiscal second-quarter loss of C$237.8 million on revenue of C$54.2 million, compared with year-earlier profits of C$7.7 million on revenue of C$11.7 million.

Millennials keep pouring money into marijuana stocks

Cannabis stocks have gained popularity among investors at Robinhood, a free-trading app popular among younger traders, after the legalization of recreational marijuana in Canada.

Aurora Cannabis signs deal to buy Whistler Medical Marijuana

Aurora Cannabis Inc. announced today that the company plans to acquire all the issued and outstanding shares of privately held Whistler Medical Marijuana Corporation, valued at up to $175 million.

Aurora Cannabis projects Q2 revenue of $50-55 million

Edmonton - Marijuana stocks were mixed Tuesday after Aurora Cannabis predicted a sales jump for its fiscal second quarter, helped by recreational and medical demand in Canada and abroad.

Aurora Cannabis shares jump after posting first-quarter results

Aurora Cannabis Inc. shares jumped nearly 5 percent in pre-market trading after announced today its financial and operational results for the first quarter ended September 30.

Aurora Cannabis gets first permit to export medical pot to Poland

Aurora Cannabis has reason to celebrate today, Besides having a modest rally of 1.9 percent as they headed for their first gains since debuting on the NYSE. Aurora also announced they will begin exporting medical cannabis to Poland.

Canada's Aurora Cannabis uplists from OTC to the big time on NYSE

On October 22, Aurora Cannabis became only the fourth Canadian cannabis company to receive a US listing on the NYSE, soon to be joined by Aphria. But it has been a rough week.

Aurora Cannabis plans NYSE listing by end of the month

Aurora Cannabis announced today that it has applied for a listing on the New York Stock Exchange. If approved, the company expects to be trading on the NYSE by the end of the month.

Coca-Cola and Aurora in talks to brew marijuana-infused drinks

Some serious discussions are going on between Coca-Cola and Aurora Cannabis Inc. to develop cannabis-infused beverages, a move that would signal a significant foray into the marijuana sector by one of the world's most iconic brands.

With Aurora Cannabis acquisitions — bigger may not be better

Aurora Cannabis has been on a buying spree. With its recent acquisition of MedReleaf, Aurora is now the largest marijuana company in the world. But its rapid growth and non-stop acquisitions are raising red flags for investors.

Aurora Cannabis to acquire MedReleaf in $3.2 billion deal

Toronto - In the largest acquisition to date in the Canadian marijuana industry, Aurora Cannabis will acquire MedReleaf Corp. for C$3.2 billion ($2.51 billion) in an all-stock transaction.

Aurora Cannabis to build production facility in Medicine Hat

Medicine Hat - Aurora Cannabis Inc. today announced it is acquiring approximately 29 hectares (72 acres) of land in Medicine Hat, Alberta, where the Company plans to begin construction on a new high-technology hybrid greenhouse cannabis production facility.

Aurora Cannabis signs deal to supply Shoppers Drug Mart

Edmonton - Aurora Cannabis Inc announced on Tuesday the Company has entered into an agreement to become a medical cannabis supplier to Shoppers Drug Mart,

Aurora Cannabis to buy CanniMed Therapeutics for C$1.1 billion

Toronto - Canadian marijuana producer Aurora Cannabis Inc. agreed to acquire CanniMed Therapeutics Inc. in a sweetened C$1.1 billion ($852 million) cash-and-stock deal, creating the world’s largest marijuana producer by market value.

Aurora Cannabis to invest in Micron Waste Technologies

Vancouver - Aurora Cannabis Inc. has signed a non-binding deal to make an investment in Micron Waste Technologies Inc., which makes organic waste treatment systems. The move is part of a plan to optimize a digester specifically for the cannabis industry.
 

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