Aurora Cannabis Inc. (Aurora or the Company) (ACB.TO) (ACBFF) ( Frankfurt : 21P; WKN:A1C4WM), today announced that, following the satisfaction of the escrow release conditions related to Alcanna Inc.s (Alcanna TSX: CLIQ) (Formerly:Liquor Stores NA) previous private placement with Aurora, 2,300,000 subscription receipts were converted, on a one-for-one basis, into…
Since Auroras initial investment on February 14th, Alcanna has made considerable progress with the execution of its cannabis strategy, highlights of which are: – – Under the previous private placement, Alcanna also issued to Aurora, for no additional consideration, two classes of common share purchase warrants, that provide Aurora with…
Further details can be found in Alcannas filings onwww.sedar.com – – Auroras wholly-owned subsidiary, Aurora Enterprises Inc., is a licensed producer of medical cannabis pursuant to Health Canadas Access to Cannabis for Medical Purposes Regulations (ACMPR).
Aurora holds a 25% ownership interest in Alcanna Inc, (TSX: SLIQ) who are developing a cannabis retail network in Western Canada .
Aurora is also the cornerstone investor in two other licensed producers, with a 22.9% stake in Cann Group Limited, the first Australian company licensed to conduct research on and cultivate medical cannabis, and a 17.62% stake in Canadian producer The Green Organic Dutchman Ltd., with options to increase to majority…
So far, there will beonly one place to buy legal marijuana in allof Labrador once the federal government passes the required legislation, and that’s throughTobin’sConvenience, a family-run businessin Labrador City.
Tobin’s is one of 24 retailers around the province selected by Cannabis NL,which is a branchof the provincial liquor corporation, and it’s the only one approved so far in Labrador.
said Trevor Tobin, Brenda’s son, who helps run the business.
In the future, you might be buying cannabis with bitcoins, Trevor Tobin said.
It will be discreet but still the public will know where it is, said Brenda Tobin.
[/vc_column_text] [vc_column_text el_class=”topfeed-tags”] Tags: owner Brenda Tobin, Trevor Tobin, liquor corporation, provincial liquor corporation, Jacob Barker/CBC [/vc_column_text] [/vc_column] [vc_column width=”1/2″] [vc_separator] [vc_column_text el_class=”topfeed-tweet”] https://twitter.com/trinafraser/status/994369104730513408 [/vc_column_text] [vc_column_text el_class=”topfeed-embedly”] Mom and son convenience store owners excited to sell pot in Labrador West | CBC News [/vc_column_text] [/vc_column] [/vc_row] [vc_row el_id=”_news_canada_nova_scotia_cannabis_store_halifax_supreme_court_closure_application_1_4655428_”] [vc_column width=”1/2″] [vc_separator] [vc_column_text]
Halifax Regional Municipality is taking the fight against cannabis shops to the Nova Scotia Supreme Court.
The municipality has applied for an order to close Coastal CannapyMedical Dispensary Inc. on Agricola Streetafter the shop remained open in violation of a provincial court order, according to a news release from the city.
Elliot said the business applied for a development permit, which was denied.
Elliot said this is a unique caseas the owners, store name and parties involved with Coastal Cannapy all stayed the same even after the provincial order.
Elliot said Nova Scotia Supreme Court hasa bit more weight and hopes, if the ruling is in favour of the municipality, a sheriff can be authorized to change the locks and force the business to permanently close.
Three years into Oregons era of recreational cannabis, the state is inundated with legal weed.
Since voters legalized recreational marijuana in 2014, many industry veterans from the medical marijuana years have chafed at the entrance of new money, warning it would destroy a carefully crafted farm ecosystem.
The same problem has plagued cannabis industries in other states that have legalized recreational weed.
The demand for weed in Oregon is robust the state reeled in $68m in cannabis sales taxes last year but it cant keep pace with supply.
Across rolling hills of Oregon farmland and in Portland dispensaries as sleek as designer eyewear shops, the story plays out the same: Business owners cant make the low prices pencil out.
[/vc_column_text] [vc_column_text el_class=”topfeed-tags”] Tags: Oregon, cannabis, Oregon Cannabis Business, cannabis industry, recreational cannabis [/vc_column_text] [/vc_column] [vc_column width=”1/2″] [vc_separator] [vc_column_text el_class=”topfeed-tweet”] https://twitter.com/CannabisSeedUSA/status/994506608427315200 [/vc_column_text] [vc_column_text el_class=”topfeed-embedly”] How do you move mountains of unwanted weed? [/vc_column_text] [/vc_column] [/vc_row]