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B.C.-based cannabis company wins national 'Brand of the Year' award

More than 120,000 votes taken into account for ADCANN s annual celebration of the best in cannabis marketing and advertising ....

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This week in weed: Trash, diversity and a million-dollar deal

Cannabis being grown in a HEXO greenhouse in Quebec in 2018. / Photo by Chris Roussakis /Bloomberg
HEXO Corporation and Zenabis Global Inc. have entered into a definitive agreement that, as proposed, would see the former acquire all of the latter’s issued and outstanding common shares.
Valued at $235 million, the all-share transaction means Zenabis shareholders will receive 0.01772 of a HEXO common share in exchange for each company common share held, notes a joint statement from the two companies.
Previously approved by each company’s Board of Directors (BoD), the deal lays the groundwork for becoming a major cannabis player.
If recent financial results are any indication, “the combined organization would be a top-three licensed producer in terms of combined Canadian recreational cannabis sales,” the statement notes. ....

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Aqualitas partners with Sana Packaging to bring the first 100% reclaimed ocean plastic packaging to the Canadian cannabis market

East Coast Organic LP leads country with steadfast commitment to keep cannabis sustainable ....

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