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Imported Medical Marijuana In Australia Not Tested For Quality, Canada's Cannabis Industry Eager For Tax Cut & More
Monday, April 15, 2024 - 1:02pm | 1021Australia: Imported Medical Marijuana Is Sold Without Testing According To Standards Many medical marijuana products dispensed in pharmacies across Australia are labeled "Australian made," which feels a bit misleading for some patients because this doesn't necessarily mean that they are made with...
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The Cannabist Company Attacks Debt With Repurchasing Agreement To Reduce Leverage By Up To $25M
Tuesday, January 23, 2024 - 9:57am | 286The Cannabist Company Holdings Inc. (NEO: CBST) (OTCQX:CBSTF) (FSE: 3LP) entered into a binding agreement with certain offshore institutional investors to effect a previously announced repurchase of up to $25 million of the principal amount of the company's 6.0% senior secured convertible notes due...
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EXCLUSIVE: ATB Capital Markets Signals 2024 Hidden Gems In Canadian Cannabis
Wednesday, December 13, 2023 - 6:22pm | 776Deep-Value Opportunities in Overlooked Small-Caps “We see certain Canadian cannabis small-cap stocks as deep-value opportunities. This is because the sector has been neglected by the market, and too much focus has been put on large names like Canopy Growth Corp (NASDAQ: CGC) or Tilray...
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Flowr Cannabis Co Announces $7.01M Offering Of Units And $1M In Direct Placement, Aims To Partly Repay Its Debt
Friday, July 16, 2021 - 8:32am | 435The Flowr Corporation (TSXV: FLWR) (OTC: FLWPF) announced Thursday a $7.01 million worth offering of units. The Toronto-headquartered cannabis company signed a securities purchase agreement under which it will sell 33.4 million of its units at a price of 21 cents per unit...
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Cannabis Co. Khiron: Shares Plunge On Heels Of $12.4M Offering Of Company's Units
Tuesday, July 6, 2021 - 10:31am | 504Vertically integrated cannabis company Khiron Life Sciences Corp. (TSXV: KHRN) (OTCQX: KHRNF) launched an overnight marketed offering on Monday of the company’s units with a price of 45 cents per offered unit. The Toronto-headquartered company announced the terms of the...
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Sundial To Make A $22M Strategic Investment In Indiva
Tuesday, February 16, 2021 - 1:52pm | 360Canadian cannabis company Sundial Growers Inc. (NASDAQ: SNDL) made a strategic investment of $22 million into a cannabis edibles producer, Indiva Ltd. (TSXV: NDVA) (OTCQX: NDVAF). The deal requires a brokered private placement directed by ATB Capital Markets Inc. of 25 million Indiva shares...
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Auxly Launches $15M Bought-Deal Offering
Thursday, January 21, 2021 - 10:59am | 191Auxly Cannabis Group Inc. (TSXV: XLY) (OTCQX: CBWTF) launched a bought-deal offering to sell 40.55 million company’s units, with a price of 37 cents per unit to collect gross proceeds of $15 million. ATB Capital Markets Inc. and Cantor Fitzgerald Canada Corp. were named underwriters and joint...