Canadian cannabis companies

In a dramatic turn, Aurora Cannabis (NASDAQ:ACB) announced its breakup with Uruguay, closing operations by the end of September 2024. Acquired for $263 million in 2018, Aurora’s exit underscores a harsh reality: the market failed to meet its criteria for future growth, dashing hopes of...

OrganiGram Holdings Inc (NASDAQ:OGI), a Canadian cannabis operator producer, has increased its investment in Phylos Bioscience Inc., a U.S.-based cannabis genetics company. Following the achievement of a crucial milestone under their May 2023 loan agreement, Organigram has closed the second tranche...

BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF), a producer of cannabinoid-infused beverages, will buy Naturo Group Investments Inc., a beverage developer and manufacturer. The two companies executed a definitive agreement from Dec. 11. Once the transaction is over, Naturo will become a wholly-...