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Technical420 Site Search

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The Clock Is Ticking On The Aurora Cannabis & Cannimed Takeover

So far this year, one of the biggest stories in the Canadian cannabis industry has been Aurora Cannabis’ pending acquisition of CanniMed Therapeutics (CMED.TO) (CMMDF) and CanniMed’s planned acquisition on Newstrike Resources (HIP.V) (NKWRF).Shareholders of CanniMed have until tomorrow at 10am to vote for or against the acquisition of Newstrike.…

Senvest Management, LLC Expresses Concerns Regarding the Terms of Aurora Cannabis, Inc.’s Takeover Bid for CanniMed Therapeutics Inc. in Letter to the Board; Announces Voting and Tender Intentions

Senvest Management, LLC, as agent for and on behalf of the funds for whom it acts as investment manager or advisor (“Senvest”), with a significant ownership position of approximately 8% of the outstanding shares of CanniMed Therapeutics Inc. (“CMED”), announced today that it has delivered a letter to the Board…

CanniMed Therapeutics Reminds Shareholders to Vote the GREEN Proxy FOR the Acquisition of Newstrike Resources

CanniMed Shares Have Traded Above Aurora’s Offer Price for 15 Straight Days. Do Not Tender Your Shares for Less Than They Are Worth.CanniMed Therapeutics Inc. (“CanniMed” or the “Company”) (TSX:CMED) reminds shareholders that the only way to see real value for their CanniMed shares is to vote the GREEN proxy…

CanniMed Topical Cream – An Innovative New Way to Help Patients

CanniMed Therapeutics Inc. (TSX:CMED) (“CanniMed” or the “Company”) is pleased to announce the launch of CanniMed Topical Cream, an innovative new product that has been uniquely formulated to provide fast-acting relief from pain and inflammation.This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20180117005415/en/CanniMed Topical Cream combines CanniMed's industry-leading…

CanniMed CEO: “My Plan To Buy Newstrike Blows Aurora’s Bid Away”

Yesterday, CanniMed Therapeutics (CMED.TO) (CMMDF) CEO Brent Zettl spoke with BNN about its pending acquisition of Newstrike Resources (HIP.V) (NWKRF) as well as Aurora Cannabis’ (ACB.TO) (ACBFF) takeover bid.After listening to this interview, our conviction level in combination of the Aurora Cannabis – CanniMed is even higher. CEO Zetti believes…

CanniMed Therapeutics Inc. Announces Strategic International Cannabis Distribution Agreement with Fagron NV

Fagron to utilize its existing international distribution network to market and distribute CanniMed medicinal cannabis products to 17 specified countries with aggregate population of over 760 millionPrimary initial focus on GermanyGermany fully legalized medicinal cannabis in March 2017Germany’s ~22,000 pharmacies serve a population of over 82 millionDemand for medicinal cannabis…

CanniMed Therapeutics Inc.’s US Subsidiary Applies for State of Michigan Licenses for Medical Cannabis Production and Processing

CanniMed Therapeutics Inc., (TSX: CMED) (OTC: CMMDF), through its wholly owned subsidiary SubTerra LLC, has applied for State of Michigan licenses for the production and processing of medical cannabis.Further to the municipal approval received from Carp Lake Township, Michigan (see news release dated December 14, 2017), the Company has applied…

CanniMed Releases News Letter to Shareholders Regarding Aurora Cannabis

CanniMed shares are already trading above Aurora's capped offer of $24.00 and would likely be even higher if Aurora's hostile bid was not weighing the share price downAurora is offering inflated shares – shares that were worth only half as much just two weeks before its hostile bid was announcedDemonstrates…

Aurora Cannabis Calls for Additional Disclosure From CanniMed On “Bizarre” Newstrike Supply Agreement

Aurora Cannabis Inc. ("Aurora") (TSX: ACB) (OTCQB: ACBFF) (Frankfurt: 21P; WKN: A1C4WM) today called for additional disclosure on yesterday's wholly inadequate announcement by CanniMed Therapeutics Inc. ("CanniMed") of a supply agreement (the "Supply Agreement") with Up Cannabis Inc. ("UCI"), a subsidiary of Newstrike Resources Ltd ("Newstrike"), CanniMed's proposed acquisition candidate.The…

Aurora Cannabis Purchases 116,000 Shares of CanniMed Therapeutics Inc.

Aurora Cannabis Inc. (TSX: ACB) (OTCQB: ACBFF) announced that today it purchased 116,000 common shares of CanniMed Therapeutics Inc..The purchases were made in connection with Aurora's previously announced offer to purchase all of the common shares of CanniMed.  Aurora announced its intention to purchase common shares of CanniMed in its Offer…

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