Finance & Investment

Finance & Investment


  • Budget 2019 clears the air on cannabis taxes
    Powered By Canadian Lawyer

    Budget 2019 clears the air on cannabis taxes

    Lawyers say new tax rules in the recently released federal budget provide clarification around some of the uncertainty faced by new cannabis businesses and medical cannabis users.


  • PharmHouse completes $80M bank debt facility
    Powered By Lexpert

    PharmHouse completes $80M bank debt facility

    On January 7, 2019, PharmHouse Inc. (“PharmHouse”), a 49%-owned joint venture by Canopy Rivers Inc., entered into a syndicated credit facility (the “Credit Facility”) with Bank of Montreal as agent and lead lender, and with Canadian Imperial Bank of Commerce and Concentra Bank as lenders (together, the “Lenders”).


  • Emerald Health acquires Agro-Biotech
    Powered By Lexpert

    Emerald Health acquires Agro-Biotech

    On May 2, 2018, Emerald Health Therapeutics Inc. acquired all of the issued and outstanding securities of 8611165 Canada Inc. (doing business as Agro-Biotech)


  • GC of U.S. cannabis company prepping for IPO in Canada
    Powered By Canadian Lawyer InHouse

    GC of U.S. cannabis company prepping for IPO in Canada

    Zachary Kobrin has been watching the Canadian cannabis landscape for some time now and is preparing to navigate its securities landscape as the Florida-based medical marijuana company he represents prepares to go public on this side of the border.


  • Credit card purchases for cannabis may not be private
    Powered By Canadian Lawyer

    Credit card purchases for cannabis may not be private

    Federal legislation makes it legal for Canadians to enjoy cannabis in the privacy of their homes. That legislation, however, does not necessarily offer privacy protection for cannabis purchasers


  • Aurora Cannabis Inc. acquires Anandia Laboratories Inc.
    Powered By Lexpert

    Aurora Cannabis Inc. acquires Anandia Laboratories Inc.

    On August 14, 2018, Aurora Cannabis Inc. (TSX: ACB) (OTCQB: ACBFF) (Frankfurt: 21P; WKN: A1C4WM) completed its June-announced acquisition of Anandia Laboratories Inc. in an all-stock transaction valued at $118 million pursuant to a court ordered plan of arrangement.


  • Aphria Inc. acquires LATAM Holdings Inc. for US$130M
    Powered By Lexpert

    Aphria Inc. acquires LATAM Holdings Inc. for US$130M

    COLOMBIA - Aphria Inc. of Canada planned to acquire the entire share capital of LATAM Holdings Inc., manufacturer of pharmaceutical preparations, from Scythian Biosciences Corp., for a total COP 376.112 bil (USD 130.887 mil), in a stock swap transaction.


  • Aurora Cannabis completes US$2.5B acquisition of MedReleaf
    Powered By Lexpert

    Aurora Cannabis completes US$2.5B acquisition of MedReleaf

    On July 25, 2018, Aurora Cannabis Inc. completed the acquisition of MedReleaf Corp. in a transaction valued at US$2.5 billion or ($3.2 billion).


  • Cannabis Industry Starts to Boil
    Powered By Lexpert

    Cannabis Industry Starts to Boil

    It was the first unsolicited takeover bid in Canada’s red-hot cannabis industry, and what an interesting and complicated transaction it turned out to be.


  • Canopy Growth establishes BC Tweed
    Powered By Lexpert

    Canopy Growth establishes BC Tweed

    On October 11, 2017, Canopy Growth Corp. (Canopy Growth) entered into a definitive joint venture agreement to form a new company, BC Tweed Joint Venture Inc. (BC Tweed) together with a large-scale greenhouse operator (the Partner) to develop 1.3 million square feet of greenhouse growing capacity in British Columbia.