Blueberries Medical Corp. (CSE: BBM), a leading Colombia-based licenced producer of medicinal cannabis and cannabis-derived products, has entered into a letter of intent dated February 13, 2019 for a joint venture with Harmony and Life S.A.S., operating as El Manantial medical centers.
One of the most exciting verticals within the legal cannabis industry has been the burgeoning cannabidiol (CBD) market and this is a trend that we expect to continue.
When it comes to CBD, we are seeing reform on a global level and this represents a significant opportunity for companies that have been focused on this market. We have been closely monitoring the CBD opportunity and have been targeting companies that have been executing on this market.
Aurora Cannabis Inc. (TSX: ACB) (NYSE: ACB) announced today that, further to the Company's press release dated December 7, 2018, the Company has entered into a Letter of Intent to acquire all of the issued and outstanding shares of Farmacias Magistrales S.A., subject to customary due diligence provisions, the completion of definitive agreements, and regulatory and government approval.
The Canadian cannabis sector has been trending lower following the legalization of recreational cannabis on October 17th and we have been closely monitoring this.
The opening of Canada’s recreational cannabis market proved to be a “sell the news” type of event and we have been watching the pullback. We believe that the recent weakness is overdone and continue to monitor this trend.
LiveWell Canada Inc., (TSXV: LVWL) (CSE: LVWL) has been approved to list its common shares on the Canadian Securities Exchange (CSE). As a result, the Company will voluntarily delist its common shares from the TSXV. The transition will happen seamlessly, with LiveWell listing on the CSE starting today and the delisting from the TSXV will take place in the near future.
Premier Health Group (CSE: PHGI, OTCQB: PHGRF), a Company focused on developing innovative approaches that combine human skill based expertise with emerging technologies for the healthcare industry, is pleased to announce an update on its plan to expand the scope of practice within its primary care clinics to include cannabis.
Choom™ (CSE: CHOO) (OTCQB: CHOOF) (the "Company" or "Choom") an emerging adult use cannabis company that has secured one of the largest national retail networks in Canada, is pleased to announce it has acquired Clarity Cannabis Medical Centre Inc. and affiliates doing business as Clarity Medical Centres.
HEXO Corp. (TSX:HEXO) announced that it has filed a (final) short form base shelf prospectus with the securities regulatory authorities in each of the provinces and territories of Canada.