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Tilray to buy Natura for up to $70M, doubling Canadian cultivation capacity

Tilray to buy Natura for up to $70M, doubling Canadian cultivation capacity

Tilray Inc. has inked a deal to buy Natura Naturals Holdings Inc. for up to $70 million, a move which roughly doubles the licensed cannabis producer's domestic cultivation capacity. Under the agreement announced Tuesday, the Nanaimo, B.C.
CannTrust gets OK from Pelham authorities for cultivation site expansion

CannTrust gets OK from Pelham authorities for cultivation site expansion

PELHAM, Ont. — Licensed producer CannTrust Holdings Inc. has got the green light from municipal authorities to proceed with the expansion of its cultivation facility in Pelham, Ont., but with a smaller footprint.
Elliott pushes for changes at eBay

Elliott pushes for changes at eBay

NEW YORK — An activist shareholder said Tuesday that eBay would be better off without StubHub or its classified ads businesses.
Canada's wholesale and manufacturing sales fell in November: Statistics Canada

Canada's wholesale and manufacturing sales fell in November: Statistics Canada

OTTAWA — The Canadian economy showed signs of weakness in November as both wholesale and manufacturing sales fell. Statistics Canada said Tuesday wholesale trade fell 1.0 per cent in November to $63.0 billion, more than offsetting the 0.
MEG Energy looks to make changes after Husky drops hostile takeover attempt

MEG Energy looks to make changes after Husky drops hostile takeover attempt

CALGARY — MEG Energy Inc. is looking to make changes to its board of directors and restart a strategic review of its partial upgrading technology following Husky Energy Inc.'s decision to drop its hostile takeover offer for the company.
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