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The market did not respond favorably to Aphria’s (APHA.TO) (APHA) third quarter earnings report and the stock cratered almost 15%. This morning, leading Canadian broker-dealer Canaccord Genuity downgraded Aphria from Speculative Buy to Hold. The company also received a price target cut from Stifel from $22 to $18 (CAD). Going…

Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), the parent company of Organigram Inc. (together, the “Company” or “Organigram”), a leading licensed producer of cannabis, announced its results for the second quarter ended February 28, 2021 (“Q2 2021”). “Although Q2 2021 results were challenged by industry dynamics, COVID-19 and staffing limitations…

Today, Aphria Inc. (TSX: APHA) (NASDAQ: APHA) released third quarter financial and operating results for the period that ended on February 28, 2021.  This is expected to be Aphria’s final earnings report as a standalone company and find this to be significant. In the near future, the pending mega-merger with…

So far, one of the biggest stories in the cannabis industry is related to the pending merger of Aphria Inc. (APHA.TO) (APHA).  Earlier this morning, Tilray filed a  Schedule 14A with the United States Securities and Exchange Commission (SEC) after social media communications were posted on platforms like Twitter (TWTR)…

Halo Collective Inc. (NEO: HALO) (OTCQX: HCANF) (Germany: A9KN) today announces that Co-Founder and Chief Operating Officer, Andreas Met, has stepped down from the Company's Board of Directors in order to facilitate his relocation to Lesotho ; a move which will allow a more dedicated response in Halo's commitment to…

After New York passed legislation to legalize recreational cannabis, we believe the government will prioritize legalization or decriminalization at the Federal level.  New York is the 15th state to legalize recreational cannabis and we are bullish on the trend that we are seeing at the state level. From Virginia to…

After Aphria Inc. (APHA.TO) (APHA) and Tilray Inc. (TLRY) announced a merger agreement in late 2020, there has been a substantial increase in the amount of merger and acquisition (M&A) activity in the Canadian cannabis sector. Yesterday, Canopy Growth Corporation (WEED.TO) (CGC) announced a definitive agreement to acquire Canadian cannabis…

Earlier today, Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) surprised the market and announced a definitive agreement to acquire 100% of The Supreme Cannabis Company, Inc. (TSX: FIRE) (OTCQX: SPRWF) in a transaction that is valued at approx. $435 million on a fully-diluted basis. We believe that Canopy Growth made the…

MediPharm Labs Corp. (TSX: LABS) (OTCQX: MEDIF) (FSE: MLZ) (“MediPharm Labs” or the “Company”), a global leader in specialized, research-driven pharmaceutical-quality cannabis extraction, distillation and derivative products, today announced its wholly owned subsidiary, MediPharm Labs Inc., completed its first shipment of premium, formulated cannabis oil to its customer Cann Farm…

Next week, Aphria, Inc. (APHA: TSX) (APHA: Nasdaq) will release third quarter financial results and we expect the announcement to receive a lot of attention as it is expected to be the Canadian Licensed Producer’s (LPs) last quarterly financial result before it completes the merger with Tilray Inc. (TLRY: Nasdaq). …