Aurora to Buy MedReleaf for $2.5 Billion as Pot Laws Ease

Aurora to Buy MedReleaf for $2.5 Billion as Pot Laws Ease

Aurora Cannabis Inc., a Canadian provider of medical marijuana, agreed to buy rival MedReleaf Corp. for about C$3.2 billion ($2.5 billion) in stock, gearing up for growth in demand for weed as governments ease restrictions on its use. The purchase values Markham, Ontario-based MedReleaf at C$29.44 a share, based on …

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Police seize cannabis

Police seize cannabis

Three Whyalla men and a Streaky Bay man will face court after cannabis was located at their homes by police last week. At 8pm on Wednesday, May 9 Whyalla police searched a home at Whyalla Norrie following an investigation. Police will allege they located five cannabis plants growing at the premises …

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Medicinal cannabis dispensary in Durban

Medicinal cannabis dispensary in Durban

Durban North now hosts the first medicinal cannabis dispensary in Africa. Weekend Witness can reveal that the dagga dispensary is the first of its kind on the continent. But don’t expect to buy any cannabis buds at the  Holistic Relief Wellness and Pain Management Centre. Instead a doctor, chiropractor or …

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Cannabis Weekly Round-Up

Cannabis Weekly Round-Up

The Investing News Network rounds up some of the biggest company and market news in the cannabis market for the past trading week. Over the last trading week (May 7-11) one of the major Canadian banks issued a report predicting the reach of the cannabis market in the country. A …

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