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Tilray shareholders vote in favour of Aphria merger, creating the world’s largest cannabis company
Cannabis plants are seen at a facility in Sainte-Eustache, Que., Wednesday, Feb. 20, 2019. Aphria Inc. and Tilray Inc. say they will combine to become the world's largest cannabis company based on revenue. THE CANADIAN PRESS/Ryan Remiorz
report on business
Large cannabis companies are starting to experience growth headwinds because of fickle consumers
FILE - An employee tends to marijuana crops at a growing facility in Vancouver, Canada, Nov. 10, 2018. Most marijuana producers in Canada are still reporting staggering losses two and a half years after legalization. (Alana Paterson/The New York Times)
opinion
Cannabis has been legal for almost three years. So why don’t we want to get high off Ottawa’s supply?
Ben Kaplan
report on business
Vote by Tilray shareholders on Aphria merger deal delayed until April 30
Tilray products such as capsules, oils, and dried marijuana are displayed at their head office in Nanaimo, B.C., on November 29, 2017. THE CANADIAN PRESS/Chad Hipolito
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Aphria shareholders vote in favour of merger, Tilray shareholders set for Friday vote
Cannabis plants are seen at a facility in Sainte-Eustache, Que., Wednesday, Feb. 20, 2019. Aphria Inc. and Tilray Inc. say they will combine to become the world's largest cannabis company based on revenue. THE CANADIAN PRESS/Ryan Remiorz
inside the market
Tuesday’s upgrades and downgrades: Analysts react to Air Canada deal
An Air Canada Boeing 737 MAX 8 jet arrives at Halifax Stanfield International Airport on Friday, April 9, 2021. THE CANADIAN PRESS/Andrew Vaughan
report on business
Aphria shares plunge 14 per cent days before Tilray merger vote
Leamington, Ontario ---2014-05-26--- Some of Aphria's medical marihuana plants grow in their greenhouse in Leamington, Ontario, May 26, 2014. GEOFF ROBINS The Globe and Mail
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Aphria reports third-quarter loss, says COVID-19 lockdowns have caused pressure
Trichomes on marijuana plants are shown in an undated handout photo provided by Aphria. Aphria Inc. has reached a deal worth $29.1 million to settle a dispute with Emblem Cannabis Corp. and Aleafia Health Inc. THE CANADIAN PRESS/HO-Aphria *MANDATORY CREDIT*
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Proposed Aphria-Tilray merger wins support of two proxy advisory firms
Marijuana plants is shown in this undated handout image provided by Aphria. Cannabis company Aphria Inc. reported a profit of $16.4 million in its latest quarter, its second consecutive quarter of profitable growth. The company said the profit for the quarter ended Aug. 31 amounted to seven cents per share, up from $15.8 million or five cents per share in the prior quarter. Aphria earned $21.2 million or nine cents per share in the same quarter last year. THE CANADIAN PRESS/HO-Aphria *MANDATORY CREDIT*
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Tilray beats expectations as fourth-quarter loss narrows
FILE PHOTO: FILE PHOTO: Cannabis plants grow inside the Tilray factory hothouse in Cantanhede, Portugal April 24, 2019. REUTERS/Rafael Marchante/File Photo/File Photo/File Photo
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Cannabis companies take advantage of stock market rally to raise new financing
An employee checks plants in the "flowering" room during a tour of the Sundial Growers Inc. marijuana cultivation facility in Olds, Alta., Wednesday, Oct. 10, 2018.THE CANADIAN PRESS/Jeff McIntosh
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Aurora Cannabis received $23.7-million in federal wage-support funding last year while laying off hundreds
Aurora Cannabis, Alberta's first medical marijuana operation, near Cremona, Alta., Thursday, Nov. 12, 2015.(Jeff McIntosh for the Globe and Mail)
investment ideas
Once down in the weeds, cash-strapped pot producers raise billions in market rally
Trichomes on marijuana plants are shown in an undated handout photo provided by Aphria.
inside the market
Pot stocks soar again as Tilray, Canopy, Aphria draw retail rush, exasperating Bay Street analysts
FILE PHOTO: Cannabis plants grow inside the Tilray factory hothouse in Cantanhede, Portugal April 24, 2019. REUTERS/Rafael Marchante/File Photo/File Photo/File Photo
analysis
The cannabis comeback: Why Aphria’s shares tripled in one month - and the whole sector is booming. Again.
An Aphria worker look out over a crop of marijuana in this undated handout image. Aphria Inc. urged its shareholders to take no action after Green Growth Brands Inc. officially launched its unsolicited offer for the company.THE CANADIAN PRESS/HO-Aphria *MANDATORY CREDIT*
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Aphria buzzing about potential for U.S. cannabis legalization under Biden administration
Marijuana plants is shown in this undated handout image provided by Aphria. Cannabis company Aphria Inc. reported a profit of $16.4 million in its latest quarter, its second consecutive quarter of profitable growth. The company said the profit for the quarter ended Aug. 31 amounted to seven cents per share, up from $15.8 million or five cents per share in the prior quarter. Aphria earned $21.2 million or nine cents per share in the same quarter last year. THE CANADIAN PRESS/HO-Aphria *MANDATORY CREDIT*
report on business
Aphria, Tilray merge with eye on European, U.S. markets
Cannabis plants are seen at a facility in Sainte-Eustache, Que., Wednesday, Feb. 20, 2019. Aphria Inc. and Tilray Inc. say they will combine to become the world's largest cannabis company based on revenue. THE CANADIAN PRESS/Ryan Remiorz
canada
Evening Update: Bellegarde dismayed by O’Toole’s residential school comments; Ottawa signs pact to send Canadian astronaut around the moon
Assembly of First Nations (AFN) National Chief Perry Bellegarde is joined by First Nations leaders at a press conference at the National Press Theatre in Ottawa on Tuesday, Feb. 18, 2020. National Chief Perry Bellegarde of the Assembly of First Nations says he won't seek re-election in the organization's general assembly in July. THE CANADIAN PRESS/Sean Kilpatrick
inside the market
Market movers: Stocks that saw action on Wednesday - and why
An Air Canada Airbus A320-200 airplane prepares to land at Vancouver's airport on Feb. 5, 2019.
report on business
Aphria to buy beer maker Sweetwater for $300 million
Marijuana plants is shown in this undated handout image provided by Aphria. Cannabis company Aphria Inc. reported a profit of $16.4 million in its latest quarter, its second consecutive quarter of profitable growth. The company said the profit for the quarter ended Aug. 31 amounted to seven cents per share, up from $15.8 million or five cents per share in the prior quarter. Aphria earned $21.2 million or nine cents per share in the same quarter last year. THE CANADIAN PRESS/HO-Aphria *MANDATORY CREDIT*
featured reports
Cannabis ETFs have crumbled since legalization – is now the time to buy in?
Cannabis plants are seen in Sainte-Eustache, Que., Wednesday, February 20, 2019. Cannabis companies struggling amid COVID-19 are being given more time to pay off annual fees they owe the federal government.THE CANADIAN PRESS/Ryan Remiorz
report on business
Aphria sales fail to impress Street as COVID-19 pinches drug distribution
Marijuana plants is shown in this undated handout image provided by Aphria. Cannabis company Aphria Inc. reported a profit of $16.4 million in its latest quarter, its second consecutive quarter of profitable growth. The company said the profit for the quarter ended Aug. 31 amounted to seven cents per share, up from $15.8 million or five cents per share in the prior quarter. Aphria earned $21.2 million or nine cents per share in the same quarter last year. THE CANADIAN PRESS/HO-Aphria *MANDATORY CREDIT*
inside the market
Market movers: Stocks that saw action on Wednesday - and why
In this June 29, 2018, file photo, pipeline used to carry crude oil is shown at the Superior terminal of Enbridge Energy in Superior, Wis.
report on business
Cannabis-producer Aphria shares plunge on larger-than-expected loss
Marijuana plants is shown in this undated handout image provided by Aphria. Marijuana company Aphria Inc. reported a loss of $108.2 million in its lastest quarter as it took a one-time non-cash charge related to its operations in Latin America that were the focus of a short-sellers. THE CANADIAN PRESS/HO-Aphria *MANDATORY CREDIT*
report on business
Aphria issues shares to Emblem after reaching settlement in supply dispute
Trichomes on marijuana plants are shown in an undated handout photo provided by Aphria. Aphria Inc. has reached a deal worth $29.1 million to settle a dispute with Emblem Cannabis Corp. and Aleafia Health Inc. THE CANADIAN PRESS/HO-Aphria *MANDATORY CREDIT*
report on business
Aphria signs $29-million deal to settle dispute with Aleafia and Emblem
Leamington, Ontario ---2014-05-26--- Some of Aphria's medical marihuana plants grow in their greenhouse in Leamington, Ontario, May 26, 2014. GEOFF ROBINS The Globe and Mail
advisor stocks
Is cannabis still a long-term play worth considering?
Canopy Growth employees work in a cannabis growing room, in Smith Falls, Canada, Nov 29. 2019. When Canada became the first major industrialized nation to legalize recreational marijuana, visions of billions in profits sent the stock market soaring, but the value of shares in the country's six largest marijuana companies has tumbled by an average of 56% in the first year. (Chris Wattie/The New York Times)
report on business
Aphria suspends outlook, reports $144.4-million in revenue amid COVID-19
Medical marijuana is shown in Toronto on November 5, 2017. Aphria Inc. says it is suspending its 2020 fiscal outlook because of uncertainty caused by COVID-19. THE CANADIAN PRESS/Graeme Roy
inside the market
What every Canadian investor needs to know today
FILE PHOTO: A trader wears a mask as he works on the floor of the New York Stock Exchange (NYSE) as the building prepares to close indefinitely due to the coronavirus disease (COVID-19) outbreak in New York, U.S., March 20, 2020. REUTERS/Lucas Jackson
report on business
Aphria investment raises $100-million from unnamed institutional investor
Marijuana plants are shown in this undated handout image provided by Aphria. THE CANADIAN PRESS/HO-Aphria *MANDATORY CREDIT*
cannabis
Aphria signs $100-million deal with unidentified institutional investor
Marijuana plants is shown in this undated handout image provided by Aphria. Cannabis company Aphria Inc. reported a profit of $16.4 million in its latest quarter, its second consecutive quarter of profitable growth. The company said the profit for the quarter ended Aug. 31 amounted to seven cents per share, up from $15.8 million or five cents per share in the prior quarter. Aphria earned $21.2 million or nine cents per share in the same quarter last year. THE CANADIAN PRESS/HO-Aphria *MANDATORY CREDIT*
report on business
Aphria cuts outlook for 2020, reports second-quarter loss
Leamington, Ontario ---2014-05-26--- Some of Aphria's medical marihuana plants grow in their greenhouse in Leamington, Ontario, May 26, 2014. GEOFF ROBINS The Globe and Mail
cannabis
Aphria cuts 2020 outlook as cannabis company faces setbacks in Ontario, Alberta
This Aug. 22, 2019 photo shows medical marijuana plants being grown before flowering during a media tour of the Curaleaf medical cannabis cultivation and processing facility in Ravena, N.Y. After legislative efforts stalled and a vaping sickness stirred new concerns, the governors of New York, New Jersey and Connecticut still want to make recreational pot legal. But the states have different approaches and timeframes, and some proposals have shifted since last year. (AP Photo/Hans Pennink)
inside the market
Pot-stock interest fizzled in 2019. These charts show how much
Chris Mayerson, master cultivator at Aurora Cannabis, holds leaves at Alberta's first medical marijuana operation, near Cremona, Alta., Thursday, Nov. 12, 2015.(Jeff McIntosh for the Globe and Mail)
board games 2019
How we ranked Canada’s corporate boards
How we ranked Canada’s corporate boards
cannabis
Canadian regulators warn cannabis companies to improve conflict-of-interest disclosures
The Canadian Securities Administrators are urging cannabis producers to provide more transparency around potential conflicts of interest involving their executives and directors.