This week the first psychedelic stock ETF (exchange-traded fund) will begin trading on the Canadian NEO exchange under the ticker PSYK on January 27. The base currency will be Canadian dollars. The ETF will be managed by Canadian financial services company Horizons...

Aurora Cannabis Inc. said late Thursday it has agreed to a $125 million bought-deal syndicated offering, led by BMO Capital Markets and ATB Capital Markets. The underwriters have agreed to buy 12 million units of the company at $10.45 per unit. Each unit is comprised...

Zenabis Global Inc. (“Zenabis”) is pleased to announce it has entered into a credit agreement with a Canadian private debt fund (the “Agent”), as an agent on behalf of certain lenders, in respect of a committed revolving credit facility in a principal amount of up to...

Jay-Z has started an investment fund to help minority marijuana entrepreneurs break into the booming cannabis business. The Brooklyn-born rapper aims to diversify the legal pot industry by investing in cannabis firms owned by black people and other minorities who have...

A California cannabis industry group announced Tuesday that it reached an agreement with a state credit union that will provide checking, wire transfers, and other banking services for more marijuana companies, helping ease what has been an obstacle for many...

Grown Rogue International Inc. (“Grown Rogue”) a multi-state cannabis company with operations and assets in Oregon and Michigan, is pleased to announce that it has received total investment commitments of up to US$400,000 in a non-brokered private placement that will...