Vancouver Doctor faces US Courts in Billion Dollar Fraud Case

A former BC Physician is facing charges in the US for his alleged involvement in a billion-dollar stock fraud scheme. Dr. Avtar Singh Dhillon was arrested following a four-year-long investigation by the U.S. Securities and Exchange Commission. He has been charged with securities fraud, conspiracy, and obstruction. On November 30, 2021, he will answer these […]

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These Are The 7 Cannabis Stocks to Buy Before 2021

This year has seen the economy take one of its biggest hits ever. But it might also be one of the best times to buy stocks in cannabis. Thanks to the US election, residents in Arizona, Montana, New Jersey, and South Dakota all voted to legalize recreational marijuana. Due to which, cannabis stocks have been […]

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The CLN Guide to The Aurora Cannabis Rollback

Aurora Cannabis Inc. (TSX:ACB)(NYSE:ACB) will be conducting a reverse stock split, effective May 11th, 2020, and CLN is here to let you know what that means, and what to expect. The price will go up, and there will be fewer shares When Aurora’s shareholders check their accounts on the morning of May 11th, they’ll have […]

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Aurora Cannabis Recent Updates

Strengthened Cash Position with Plans for Additional Flexibility Given Economic Uncertainty Execution Against Business Transformation Plan Continues on Schedule All Facilities Fully Operational with COVID-19 Precautions in Place to Protect Staff Announced Intention to Consolidate Common Shares EDMONTON, April 13, 2020 /CNW/ – Aurora Cannabis Inc. (the “Company” or “Aurora“) (NYSE | TSX: ACB), the […]

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Opinion: A labour deal could improve WeedMD’s already solid fundamentals

As the global economy sinks rapidly into an unprecedented slowdown, Canada’s legal cannabis industry has managed to have itself declared an essential service and, looking back, that’s progress. Patients don’t stop needing medical-grade cannabis just because we are suffering through an epidemic. The economic pounding from the COVID-19 shutdown figures to hit the cannabis industry […]

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Cannabis Industry steps up to help during COVID-19 Pandemic

Our neighbours to the south are unenviably approaching 100,000 cases of COVID-19 across the country; the largest count worldwide. Here at home, where a faster and more effective approach to dealing with the spread of the virus – an attempt to flatten the curve – has been implemented, Canada sits at 4,610 cases. Though fairing […]

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Aurora Cannabis Announces Share Sale by Founder Terry Booth

NYSE | TSX : ACB  EDMONTON, March 16, 2020 /CNW/ – Aurora Cannabis Inc. (the “Company” or “Aurora”) (NYSE | TSX: ACB), the Canadian company defining the future of cannabis worldwide, today announced that Terry Booth has filed a report on the System for Electronic Disclosure by Insiders (SEDI) regarding his sale of approximately 12,161,900 […]

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Toronto stock market and Dow cross into bear markets after pandemic declared

TORONTO — Canada’s main stock index crossed into bear market territory Wednesday in the wake of the World Health Organization declaring the COVID-19 outbreak a pandemic. The S&P/TSX composite index closed down 688 points or 4.6 per cent at 14,270.09. A bear market is commonly defined as a loss of 20 per cent from a recent high. The TSX ended the […]

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Aurora latest cannabis company to ice Latin American ambitions

When CLN last checked in with Aurora Cannabis, the company had just parted ways with CEO Terry Booth and laid off 500 people in an attempt to cut costs and keep the cashflow-negative mega grower on top of more than $600 million worth of debt. Since then, the company has released their financial statements for […]

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Aurora reports Q2 loss

Aurora Cannabis Inc.’s second quarter earnings were weighed down by a drop in cannabis production and the costs associated with ramping up efforts to roll out cannabis edibles and vapes. Losses following layoffs, writedown and CEO departure The Edmonton-based company revealed Thursday that it incurred a loss in its second quarter and that its net revenue for […]

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