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Earlier this week, Tilray, Inc. (TLRY) (TLRY.TO) completed the merger with Aphria and created the world’s largest cannabis company (from a revenue standpoint).  We have been closely following the companies following the merger announcement in late 2020. After the deal was reported, both companies started to trend higher. Since then,…

Less than a month after Auxly Cannabis Group Inc. (TSX - XLY) (OTCQX: CBWTF) released fourth quarter financial results, the Canadian cannabis consumer packaged goods (CPG) company appointed Andrea Fraser as Chief People Officer (CPO).  As CPO, Andrea will lead all aspects of human resources (i.e crafting talent acquisition strategies,…

Following the completion of the merger between Aphria, Inc. and Tilray, Inc. (TLRY.TO) (TLRY), CEO Irwin Simon received a compensation package that will allow him to receive more than 2.3 million shares of Tilray (according to a Form 4 filed with the SEC). The compensation that was issued to him…

Following Tilray’s (TLRY) merger with Aphria (APHA), we expect to see additional consolidation in the Canadian cannabis industry.  For several years, we have been closely following the Canadian cannabis sector and have been expecting to see a significant merger and acquisition (M&A) trend. A few months after Tilray announced the…

Earlier this week, HEXO Corporation (HEXO.TO) (HEXO) filed a Form 6-K with the US Securities and Exchange Commission (SEC) after reporting to have repaid the total outstanding balance on its credit facility from February 14, ‎‎2019. The credit facility agreement was with the Canadian Imperial Bank of Commerce as sole…

HEXO Corp (“HEXO”, or the “Company”) (TSX: HEXO; NYSE: HEXO) today announced that it has repaid, effective April 30, 2021, the total outstanding balance on its credit facility established under its credit agreement dated February 14, ‎‎2019 with Canadian Imperial Bank of Commerce as sole bookrunner, co-lead arranger and administrative…

Tilray, Inc. (“Tilray”) and Aphria Inc. (“Aphria”) today announced the completion of the previously announced business combination, ushering in a new era in the global cannabis industry. The combined company, which will operate as Tilray (the “Company”), brings together two highly complementary businesses to create the leading cannabis-focused consumer packaged…

Aurora Cannabis Inc. (NYSE: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, announced today that it has scheduled a conference call to discuss the results for its third quarter fiscal year 2021 on Thursday, May 13, 2021 at 5:00 p.m. Eastern Time . Miguel Martin ,…

As earnings season kicks into high gear, analysts are closely following the numbers that are reported by some of the best known cannabis companies.  Expectations are high for cannabis companies and the market has responded negatively to high-profile operators that reported numbers which missed expectations. Aphria, Inc. (APHA.TO) (APHA) was…

After falling more than 10% on weak second quarter financial results, Organigram Holdings Inc. (OGI: TSX) (OGI: Nasdaq) has come off its lows and this is a trend that we are closely following.  Earlier this week, Jefferies raised its price target on Organigram to US$2.86 from US$2.76 (to CAD$3.57 from…