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cannabis industry News

Aphria formally rejects hostile takeover bid by Green Growth

The Board of Directors of Leamington, Ontario-based Aphria Inc. on Wednesday formally rejected a hostile takeover bid from Green Growth Brands Inc. (GGB), saying it undervalues the Canadian cannabis grower.

Cannabis equity in California aims to level the playing field

On September 27, Governor Jerry Brown signed the California Cannabis Equity Act. In many ways, the act recognizes the failed efforts of the war on drugs and the devastation cannabis criminalization had on minority and underserved communities.

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.

Aphria agrees to buy Nuuvera as Canada's pot deals heat up

Brampton - As Canada moves closer to the legalization of marijuana later this year, another deal has been struck as the country's cannabis sector ramps up consolidation efforts. This time, Aphria Inc. agreed to buy Nuuvera Inc., a global cannabis company in Ontario.
 

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