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Emerald Health Therapeutics Inc. (EMH.V) (EMHTF) announced today that it has signed a definitive agreement with Northern Vine Canada Inc. and Abattis Bioceuticals Corp. (ATT.CN) (ATTBF) to invest $2.5 million into Northern Vine to acquire 53% of the company and appoint three of its four directors. Abattis will continue to hold the remaining 47% of Northern Vine.
About the Agreement
From Canada to Germany, the legal cannabis market continues to be one of the most attractive investment opportunities.
The legalization trend throughout the world has created significant opportunities for companies levered to the growth of this industry and we highlighted five companies that are leading this charge.
Five Cannabis Firms Leading the Global Movement
The last few months have been very busy for CNRP Mining (CND.CN) (CRPGF) and today all this hard work has paid off after the company announced the signing of a definitive agreement to acquire X-Sprays.
This acquisition was initially reported in late July and since then, the company has executed on its initiatives and significantly strengthen its balance sheet by closing a $3 million non-brokered private placement.
Canopy Growth Corporation (TSX: WEED) (TWMJF) is pleased to announce that it has launched a strategic partnership in the Jamaican cannabis market as part of its ongoing international expansion.
According to industry analysts, the global market for licensed medical cann
Although Attorney General Jeff Sessions is no friend of the marijuana industry, in his recent testimony before the Senate Judiciary Committee the Attorney General presented a different tone.
While speaking before the committee yesterday, Sessions said he wants to see more competition among medical marijuana growers who supply the plant to researchers.
The DOJ has been Preventing the DEA from Researching Cannabis
Cannabis Wheaton Income Corp. (TSX VENTURE: CBW) and Beleave Inc.
2017 has been the year of cannabis oil in Canada and we expect this trend to continue through 2018 and into early 2019.
Then, things will change because in early 2019, Canada’s edible market will be gaining serious traction. The legalization of edibles in Canada is going to be nothing short of a major catalyst for an industry that is already the fastest growing in the world.
Amendment Approved to Legalize Edibles
The cannabis industry continues to be the hottest sector to invest in as Wall Street has become more favorable on investment opportunities within it.
One of the hottest areas in the cannabis industry has been the Canadian licensed medical cannabis producers which continues to see impressive growth as the number of registered patients has increased at double digit percentages on a month-over-month basis.
The last few months have been very busy and significant for Aurora Cannabis (ACB.TO) (ACBFF) and we remain bullish on its long-term outlook.
From Germany to Australia, this Canadian licensed medical marijuana producer continues to execute and advance its business operations. We continue to view Aurora as one of the best long-term cannabis investment opportunities as the company continues to expand its reach and improve its product offerings.
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