Aurora Cannabis

IntelGenx Reports Second Quarter 2019 Financial Results

Retrieved on: 
Thursday, August 8, 2019

SAINT LAURENT, Quebec, Aug. 08, 2019 (GLOBE NEWSWIRE) -- IntelGenx Technologies Corp.(TSX-V:IGX)(OTCQX:IGXT) (the "Company" or "IntelGenx"), a leader in pharmaceutical films, today reported financial results for the second quarter endedJune 30, 2019.

Key Points: 
  • SAINT LAURENT, Quebec, Aug. 08, 2019 (GLOBE NEWSWIRE) -- IntelGenx Technologies Corp.(TSX-V:IGX)(OTCQX:IGXT) (the "Company" or "IntelGenx"), a leader in pharmaceutical films, today reported financial results for the second quarter endedJune 30, 2019.
  • 2019 Second Quarter Financial Summary:
    Cash and short-term investments totaled$6.1 millionas atJune 30, 2019 compared to $3.7 million in Q2-2018
    Received its first shipment of cannabis extract from Tilray, Inc. (NASDAQ:TLRY) (Tilray), providing sufficient quantities for ongoing R&D batch production of cannabis-infused VersaFilm.
  • Operating costs and expenses were $2.5 million for the second quarter of 2019, versus $2.4 million for the corresponding three-month period of 2018.
  • IntelGenxwill host a conference call to discuss these 2019 second quarter financial results today onAugust 8, 2019, at4:30 p.m.

Curaleaf to Acquire Grassroots, Creating the World's Largest Cannabis Company

Retrieved on: 
Wednesday, July 17, 2019

This transaction solidifies Curaleaf's position as the world's largest cannabis company by revenue and the largest in the U.S. across key operating metrics.

Key Points: 
  • This transaction solidifies Curaleaf's position as the world's largest cannabis company by revenue and the largest in the U.S. across key operating metrics.
  • Upon completion of the proposed transaction, Curaleaf will be the largest medical and adult-use cannabis company with access to a total population of approximately 177 million people.
  • "With the acquisition of Grassroots and the pending acquisition of Select, Curaleaf is the world's largest cannabis company by both revenue and operating presence," said Joseph Lusardi, CEO of Curaleaf.
  • Grassroots is a cannabis company dedicated to serving, advancing and respecting the cannabis movement.

Aurora Cannabis Prepared for Expansion of Canada's Cannabis Market

Retrieved on: 
Friday, June 21, 2019

EDMONTON, June 21, 2019 /PRNewswire/ - Aurora Cannabis Inc. ("Aurora" or the "Company") (NYSE: ACB) (TSX: ACB), the Canadian company defining the future of cannabis worldwide, today announced its plans for the highly-anticipated expansion of the consumer cannabis market into vapes, concentrates, and edibles.

Key Points: 
  • EDMONTON, June 21, 2019 /PRNewswire/ - Aurora Cannabis Inc. ("Aurora" or the "Company") (NYSE: ACB) (TSX: ACB), the Canadian company defining the future of cannabis worldwide, today announced its plans for the highly-anticipated expansion of the consumer cannabis market into vapes, concentrates, and edibles.
  • Aurora recently entered into a supply agreement with PAX Labs Inc., a leading consumer technology brand in cannabis.
  • "Aurora is the world's leading producer of high-quality cannabis and we're ready to introduce high-value product additions to this improved, federally legal market," said the Company's CEO Terry Booth.
  • "From the beginning, we've invested in industry-leading production and distribution technology, and in consumer research to drive products to market that consumers will desire.

CBD Companies Just Beginning to Expand Into International Markets

Retrieved on: 
Thursday, June 13, 2019

Companies are even finding opportunity in Greece, which legalized medical cannabis in 2018.

Key Points: 
  • Companies are even finding opportunity in Greece, which legalized medical cannabis in 2018.
  • Such international growth is opening a wide range of opportunity for companies including The Yield Growth Corp.(CSE:BOSS) (OTCQB:BOSQF), PharmaCielo Ltd. (TSX-V:PCLO) (OTCPK:PHCEF), Canopy Growth Corp. (TSX:WEED)(NYSE:CGC), Aurora Cannabis Inc. (NYSE:ACB)(TSX:ACB), and Wayland Group Corp. (CSE:WAYL)(OTCQB:MRRCF).
  • All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.
  • You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.

CBD Companies Just Beginning to Expand Into International Markets

Retrieved on: 
Thursday, June 13, 2019

Companies are even finding opportunity in Greece, which legalized medical cannabis in 2018.

Key Points: 
  • Companies are even finding opportunity in Greece, which legalized medical cannabis in 2018.
  • Such international growth is opening a wide range of opportunity for companies including The Yield Growth Corp.(CSE:BOSS) (OTCQB:BOSQF), PharmaCielo Ltd. (TSX-V:PCLO) (OTCPK:PHCEF), Canopy Growth Corp. (TSX:WEED)(NYSE:CGC), Aurora Cannabis Inc. (NYSE:ACB)(TSX:ACB), and Wayland Group Corp. (CSE:WAYL)(OTCQB:MRRCF).
  • All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.
  • You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.

Canopy Growth to Announce Fourth Quarter and Fiscal Year 2019 Financial Results

Retrieved on: 
Friday, June 7, 2019

A replay of the call will be accessible by telephone until 11:59 PM ET on September 21, 2019.

Key Points: 
  • A replay of the call will be accessible by telephone until 11:59 PM ET on September 21, 2019.
  • From product and process innovation to market execution, Canopy Growth is driven by a passion for leadership and a commitment to building a world-class cannabis company one product, site and country at a time.
  • The Company has operations in over a dozen countries across five continents.
  • Canopy Growth operates eleven licensed cannabis production sites with over 4.7 million square feet of production capacity, including over one million square feet of GMP certified production space.

Latest Cannabis Companies to Reap the Benefits of Technology's Evolution

Retrieved on: 
Thursday, June 6, 2019

Moreover, one industry that has benefitted from the evolution of technology is the cannabis market.

Key Points: 
  • Moreover, one industry that has benefitted from the evolution of technology is the cannabis market.
  • Notably, verification and tracking systems have become highly popular across various cannabis segments because companies can track their product from seed-to-sale.
  • Emerald Health Therapeutics, Inc. recently received its first purchase order from Socit Qubcoise du Cannabis (SQDC) to supply its cannabis products to the Quebec recreational cannabis market.
  • The Supreme Cannabis Company, Inc.(OTCQX: SPRWF) (TSX: FIRE) is a global diversified portfolio of distinct cannabis companies, products and brands.

Latest Cannabis Companies to Reap the Benefits of Technology's Evolution

Retrieved on: 
Thursday, June 6, 2019

Moreover, one industry that has benefitted from the evolution of technology is the cannabis market.

Key Points: 
  • Moreover, one industry that has benefitted from the evolution of technology is the cannabis market.
  • Notably, verification and tracking systems have become highly popular across various cannabis segments because companies can track their product from seed-to-sale.
  • Emerald Health Therapeutics, Inc. recently received its first purchase order from Socit Qubcoise du Cannabis (SQDC) to supply its cannabis products to the Quebec recreational cannabis market.
  • The Supreme Cannabis Company, Inc.(OTCQX: SPRWF) (TSX: FIRE) is a global diversified portfolio of distinct cannabis companies, products and brands.

Westleaf Closes Exclusive Partnership with an Industry Leader in Cannabis Derivative Product Manufacturing and Formulation

Retrieved on: 
Tuesday, June 4, 2019

The agreement will provide Westleaf with exclusive access to Xabis's extraction, processing, manufacturing and product development expertise in the Canadian market.

Key Points: 
  • The agreement will provide Westleaf with exclusive access to Xabis's extraction, processing, manufacturing and product development expertise in the Canadian market.
  • Tapping into Industry Leading Expertise Xabis is an industry leader in design, construction and management of cannabis extraction and manufacturing facilities, as well as product development.
  • Xabis has worked in nine US states and has developed more than 200 cannabis derivative product SKUs.
  • Xabis is a Colorado-based cannabis processing company which provides turnkey operations for companies in the mid-stream of the cannabis industry.

Five of the Biggest Cannabis Company Earnings to Know

Retrieved on: 
Thursday, May 16, 2019

PALM BEACH, Florida, May 16, 2019 /PRNewswire/ -- After nearly a full quarter of recreational cannabis sales in Canada, the world's cannabis producers are posting earnings.

Key Points: 
  • PALM BEACH, Florida, May 16, 2019 /PRNewswire/ -- After nearly a full quarter of recreational cannabis sales in Canada, the world's cannabis producers are posting earnings.
  • While some earnings weren't as great as hoped, others did very well.Top companies releasing earnings included Lifestyle Delivery Systems Inc. (CSE:LDS)(OTC:LDSYF), Tilray Inc. (NASDAQ:TLRY), Aurora Cannabis Inc. (NYSE:ACB)(TSX:ACB), CannTrust Holdings Inc. (NYSE:CTST)(TSX:TRST) and The Supreme Cannabis Company Inc. (TSX:FIRE)(OTC:SPRWF).
  • "I'm exceptionally proud of our company and team as Aurora continues to deliver on our domestic and international growth strategy.
  • The Supreme Cannabis Company Inc. (TSX:FIRE)(OTCQX:SPRWF) announced its financial and operating results for the three and nine months ended March 31, 2019.