FedEx is partnering with a subsidiary of Alphabet to test out drone deliveries.
MKM Partners initiates coverage on seven different Canadian cannabis companies.
The Alberta Gaming, Liquor and Cannabis Commission returns the company's products, valued at $1.3 million.
Despite the muted initiation, Canopy Growth is Oppenheimer's top pick in the cannabis sector.
Health Canada's order says the company can cultivate, harvest and process its current inventory.
The underwriters have an option on an additional 15% of the offering.
The company's 50% joint venture, Pure Sunfarms, adds the license to its current one for Ontario.
Aurora Cannabis receives proceeds of C$86.5 million from the sale.
Four20 operates six retail locations and has secured 16 more. Tilray said it would leverage Four20's retail experience to expand to other Canadian provinces when those regions permit licensed producers to own retailers.
Constellation Brands says it will recognize a non-GAAP loss of $38.5 million from its investment in Canopy Growth in the quarter ending Aug. 31.
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