Company Overview and News
TORONTO (Reuters) - Canadian marijuana producer Aurora Cannabis Inc (ACB.TO) is in talks with rivals CanniMed Therapeutics Inc (CMED.TO) and Newstrike Resources Ltd (HIP.V) to buy both businesses in a friendly deal that would create the nation’s top weed company, people familiar with the matter told Reuters on Friday. (8-0)
TORONTO, Jan 19 (Reuters) - Canadian marijuana producer Aurora Cannabis Inc is in talks with rivals CanniMed Therapeutics Inc and Newstrike Resources Ltd to acquire both companies in a friendly deal, people familiar with the situation told Reuters on Friday. (8-1)
A massive deal for a Vancouver Island cannabis grower could be an indication of what's in store for the local craft cannabis industry. (8-0)
* NEWSTRIKE RESOURCES LTD. CONSENTS TO POSTPONEMENT OF CANNIMED THERAPEUTICS’ SPECIAL SHAREHOLDERS’ MEETING Source text for Eikon: Further company coverage:
TORONTO, ONTARIO--(Marketwired - Jan. 18, 2018) - Newstrike Resources Ltd. ("Newstrike" or the "Company") (TSX VENTURE:HIP) announces it has consented to the postponement by CanniMed Therapeutics Inc. ("CanniMed") of the special meeting of CanniMed shareholders (the "Meeting") originally scheduled for January 23, 2018, to Thursday, January 25 at 10:00 am (EST). (8-0)
CanniMed Therapeutics Inc. is postponing a key shareholder meeting to give it time to hold talks with Aurora Cannabis Inc., which has made a hostile takeover offer for the company. (8-1)
TORONTO (Reuters) - Canadian cannabis producer CanniMed Therapeutics Inc (CMED.TO) has postponed to Jan. 25 a shareholder vote on its proposed takeover of Newstrike Resources Ltd (HIP.V) in order to discuss a possible transaction with rival producer Aurora Cannabis Inc (ACB.TO). (8-1)
Jan 17 (Reuters) - Newstrike Resources Ltd’s shareholders approved the sale of the Canadian cannabis producer to CanniMed Therapeutics Inc, which is fighting off a hostile takeover bid from fellow medical marijuana company Aurora Cannabis Inc. (8-0)
TORONTO, ONTARIO--(Marketwired - Jan. 17, 2018) - Newstrike Resources Ltd. (TSX VENTURE:HIP) ("Newstrike" or the "Company") is pleased to announce that at an annual and special meeting of its shareholders held today (the "Meeting"), its shareholders overwhelmingly approved the previously announced proposed plan of arrangement (the "Plan of Arrangement") with CanniMed Therapeutics Inc. ("CanniMed"), pursuant to which CanniMed will acquire all of the outstanding common shares of Newstrike (the "Common Shares").
Jan 17 (Reuters) - The following are the top stories from select Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.
"Putting consumers first is how you build something that will last," band says, re-iterating resolute backing for the agreement to create Canada's premier cannabis company
TORONTO, ONTARIO--(Marketwired - Jan. 9, 2018) - Newstrike Resources Ltd. (TSX VENTURE:HIP) ("Newstrike" or the "Company"), is pleased to announce that its wholly-owned subsidiary and licensed producer, Up Cannabis Inc. ("Up Cannabis"), has received site plan approval from the Town of Lincoln, Ontario, for its automated greenhouse facility in the Niagara region (the "Niagara Facility"). This key approval permits Up Cannabis to double the footprint of the Niagara Facility to approximately 320,000 sq.
TORONTO, ONTARIO--(Marketwired - Jan. 5, 2018) - Newstrike Resources Ltd. (TSX VENTURE:HIP) ("Newstrike" or the "Company") is pleased to announce that Health Canada has approved the application by Newstrike's wholly-owned subsidiary, Up Cannabis Inc. ("Up Cannabis") to amend its license, thereby allowing Up Cannabis to sell cannabis in dried marijuana form, in accordance with Access to Cannabis for Medical Purposes Regulations.
Canadian cannabis stocks had a positive year in 2017 with the Let's Toke Business Marijuana Composite posting a return of.21.7% and the LTB Licensed Producer Index recording a return of.46.0%. (32-4)
(Reuters) - Medical marijuana company CanniMed Therapeutics Inc (CMED.TO) said on Tuesday it had entered into an agreement with Up Cannabis for the supply of raw material in the face of rising demand as Canada prepares to legalize recreational pot. (8-0)
2017-12-11 - Wilton
2017-12-11 - Wilton
2017-12-03 - Wilton
2017-11-27 - Wilton