Canadian Medical Marijuana & Cannabis Industry News

Capital-hungry Aurora Cannabis looks to raise CA$1 billion

Aurora Cannabis laid the foundation to raise up to $750 million (1 billion Canadian dollars) to fuel potential future acquisitions, other capital expenditures and debt repayments. The Edmonton, Alberta-based company filed a…

Evolve to launch ETF focused on US marijuana stocks

Evolve Funds Group, a Toronto-based fund manager with assets of 430 million Canadian dollars ($322.5 million), plans to launch an exchange-traded fund (ETF) focused on U.S. cannabis stocks. The U.S.…