Organigram has acquired Aylmer, Ontario’s Motif Labs for up to $100 million, making it the largest Canadian cannabis company by market share at 12.4 per cent. Motif grew from $35 million in net revenue in 2022 to $79 million in 2023 and has generated approximately $86 million year-over-year.
(Source: Organigram)
Click here for the full story.
Weekly Update – Top Cannabis News Stories
1 | Cannabis-based autism drug shines in phase-1 testing
2 | Tinley Beverage Co. is changing its name in the new year.
3 | Out to become a brand-focused powerhouse, this new combination of U.S. cannabis assets is expected to generate revenue and cost synergies
Top Cannabis Stocks Dec. 6 to Dec. 12, 2024
1. T.TLRY | 7,246 views | Tilray Brands Inc.
2. T.WEED | 5,712 views | Canopy Growth Corp.
3.C.CURA | 4,628 views | Curaleaf Holdings Inc.
4. T.LABS | 1,417 views | Medipharm Labs Corp.
5. C.TGIF | 1,287 views | 1933 Industries Inc.
6. C.OILS | 791 views | Nextleaf Solutions Inc.
The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.