By Staff The Canadian Press Posted May 14, 2020 5:24 pm Updated May 14, 2020 5:25 pm Smaller font Descrease article font size –A Larger font Increase article font size A+ Aurora Cannabis Inc. says it incurred a $137.4 million…
Tag: Marijuana
City staff tell Edmonton councillors to hold off on cannabis lounge bylaw
The idea of cannabis lounges in Edmonton got an airing out by city councillors on the community services committee on Wednesday. But any hope the industry would get a foot in the door in Edmonton didn’t pan out. Councillors heard…
More cannabis industry layoffs likely after 500 positions cut at Aurora: experts
TORONTO — A rash of cannabis company layoffs and executive departures in recent weeks is likely to continue as the industry faces a rocky year, according to observers. They are anticipating the coming months will bring more dramatic staffing cuts…
Aurora Cannabis stock still sliding as it reveals executive Battley was asked to leave
By Staff The Canadian Press Posted December 24, 2019 12:53 pm Updated December 24, 2019 12:54 pm Smaller font Descrease article font size –A Larger font Increase article font size A+ Shares in Aurora Cannabis Inc. continued to fall on…
Aurora Cannabis shares fall after chief corporate officer Cam Battley steps down
By Staff The Canadian Press Posted December 23, 2019 12:04 pm Smaller font Descrease article font size –A Larger font Increase article font size A+ Shares in Aurora Cannabis Inc. fell to their lowest level in more than two years…
U of A partners with Edmonton cannabis company to research treatment of neurological diseases
The University of Alberta has formed a partnership with Atlas Biotechnologies, to explore and research using medical cannabis to treat a variety of neurological conditions, specifically multiple sclerosis, Alzheimer’s, and Huntington’s diseases. Atlas, an Edmonton-based medical cannabis company, has donated…
Aurora Cannabis halts construction of 2 facilities in southern Alberta, Denmark to conserve cash
Aurora Cannabis Inc. says it is halting construction of two production facilities to save over $190 million as part of a plan to strengthen its balance sheet. The Edmonton-based cannabis producer says it will immediately cease construction of its Aurora…
Edmonton man accused of running illegal cannabis grow-op
While marijuana has been legal in Canada for more than a year now, there are still rules surrounding how much you can grow on your own — and an Edmonton man has been accused of breaking those rules by running…
CannTrust says cannabis goods returned by Alberta government worth $1.3M
CannTrust Holdings Inc. said Thursday that about $1.3 million worth of its products will be returned by the Alberta government’s cannabis wholesaler and online retailer. The Alberta Gaming, Liquor and Cannabis (AGLC) agency announced the returns on Wednesday after Health…
Alberta returning CannTrust products following Health Canada suspensions
The Alberta government’s cannabis wholesaler and online retailer is returning all products from CannTrust Holdings Inc. after Health Canada suspended the company’s licences to produce and sell pot. READ MORE: CannTrust says Health Canada has suspended its licence Story continues…