Marijuana producer Aphria inks deal to raise $80M, shares fall after TSX notice

Marijuana producer Aphria inks deal to raise $80M, shares fall after TSX notice
LEAMINGTON, Ont. — Shares in Aphria Inc. fell nearly 10 per cent in early trading as the marijuana producer announced a deal to raise $80 million even as questions swirled about the future of its listing on the Toronto Stock Exchange. The company announced the bought-deal financing Tuesday that will see it issue more than 11 million shares at a... Read More

TMX Group cracks down on marijuana companies that violate U.S. federal laws

TMX Group cracks down on marijuana companies that violate U.S. federal laws
TORONTO — Companies with business activities that violate U.S. federal law regarding marijuana could undergo a delisting review at the Toronto Stock Exchange, said The TMX Group, which operates the main index and TSX venture. “Based on our quality control and standards that we have set for our market, our rules say that you cannot be in violation of applicable... Read More

NAFTA renegotiations threaten Canada’s steps toward pharmacare

NAFTA renegotiations threaten Canada’s steps toward pharmacare
Canada must both defend the existing public health-care system as well protect its aspirations to creating a better one By Ruth Lopert & Steve Morgan EvidenceNetwork.ca, Troy Media A “modernized NAFTA” has significant implications for many sectors of the economy, including health care. What’s at stake? Canadians’ right to universal access to affordable medicines. When negotiating with the U.S. and... Read More

Terra Tech Corp. Up On News of Acquisition

Terra Tech Corp. Up On News of Acquisition
Terra Tech Corp. (OTCQX: TRTC), a vertically integrated, cannabis-focused agriculture company, saw slight gains as the company announced that it has closed the acquisition Blüm Oakland, an established retail medical cannabis dispensary in Oakland, CA. Blüm Oakland, which holds over 42,000 registered patients, has been operating since November 2012 and services close to 1,000 patients each day. The acquisition includes... Read More