The Daily Hit: Today's Cannabis Briefs

Aurora Cannabis 

Aurora Cannabis (ACBFF) suggested that it might follow in Cronos Group’s (CRON) footsteps to the NASDAQ (NDAQ). A tweet to the company asked whether it might make a similar move, Cam Battley responded, “Well, in Canada we uplisted from CSE to TSXV to TSX. And in the US from OTCQB to OTCQX. So what would be your guess? ;)”

Cannabis Wheaton Income Corp.

Cannabis Wheaton (CBWTF) announced it has entered into a binding definitive agreement with its streaming partner FV Pharma Inc. to develop all aspects of FV’s cannabis cultivation facility in mutually agreed staged phases with the potential to build out the largest indoor cannabis cultivation facility in the world. The FV Pharma state-of-the-art facility hosts an existing 620,000 square feet of building space and is famously known as the former KRAFT food manufacturing facility.

Alliance Growers Corp.

Alliance Growers Corp. announced the addition of state-of-the-art greenhouses for year-round nurseries of cannabis plants for the production of a propriety CBD strain at the Company’s Cannabis Botany Centre. The initial rollout plans for up to 200,000 square feet of automated glass greenhouses with P.L. high-end horticultural lighting. The Alliance Growers’ greenhouses will be capable of producing over 300,000 grams per week or 15,600 kilograms per year of dried CBD cannabis.

 Lineage Grow Company

Lineage Grow Company has listed its common shares, and expects to begin trading effectively on Monday, March 5th, under the symbol “BUDD”. As a major shareholder in the company as well as a strategic partner with projects in Washington, Nutritional High is pleased to see Lineage Grow Company achieve this major corporate milestone.

The Hydropothecary Corporation recently signed a letter of intent to supply its home province of Quebec with 20,000 kilograms of cannabis products in the first year of legalization. That is the largest supply agreement announced in Canada to date, and the company says it is just the beginning. “This supply arrangement is an important step for Hydropothecary,” said CEO Sébastien St-Louis in a press release announcing the deal. “We are honoured by the opportunity to supply cannabis in our home province and we want Quebecers to know that we are committed to providing safe and high-quality products for the adult-use recreational market.”

Emerald Health Therapeutics, Inc.

Emerald Health  (EMHTF) and Village Farms International, Inc.  (VFFIF) today announced that Health Canada has issued a Cultivation Licence for their co-owned Delta 3 greenhouse operation under Canada’s Access to Cannabis for Medical Purposes Regulations. This optimally-designed 1.1 million ft2 cannabis growing facility is located in one of the best growing climates in Canada in Delta, BC, and is conservatively projected to produce 75,000 kg of quality cannabis annually at full production.

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The Green Market Report focuses on the financial news of the rapidly growing cannabis industry. Our target approach filters out the daily noise and does a deep dive into the financial, business and economic side of the cannabis industry. Our team is cultivating the industry’s critical news into one source and providing open source insights and data analysis


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