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The laws and restrictions pertaining to cannabis create challenges in scaling a business, said Jessica Martin, vice president of public relations and regulatory affairs at Invictus (OTC: IVITF). “When it comes down to day-to-day operations, it's about scaling facility. Companies are developing new ways of growing,” Martin said.
On Thursday, Tilray (NASDAQ:TLRY) became the first U.S. initial public offering of a marijuana company. And the Tilray IPO is off to a good start.
NEW YORK, NY / ACCESSWIRE / July 17, 2018 / Traders News Source, a leading independent equity research and corporate access firm focused on small and mid-cap public companies is issuing a comprehensive report on Hiku Brands Company Ltd. (DJACF), a company focused on building a portfolio of engaging cannabis brands, unsurpassed retail experiences, and handcrafted cannabis production. On July 10, 2018, the company announced that they have entered into a definitive arrangement agreement, pursuant to which Canopy Growth will acquire all of the issued and outstanding common shares of Hiku. A merger with Canopy, a recognized leader in the cannabis sector, may bring in considerable scalable production and seasoned R&D capabilities giving Hiku immediate access to substantial infrastructure and operational support to accelerate Hiku's growth strategy, future product development, and innovation, together with Canopy Growth and its global partners.
Canopy Growth (NYSE:CGC) has solidified its position as the best bet for profiting in the marijuana market by buying Hiku Brands (OTCMKTS:DJACF) for stock. It’s a smart move, because Hiku has a retail brand, Tokyo Smoke, while Canopy has production facilities. Also, recreational marijuana is becoming legal in Canada. Legislation to that effect could go into effect by October.
TORONTO , June 22, 2018 /CNW/ - Hiku Brands Company Ltd. (HIKU.CN) ("Hiku" or the "Company") is pleased to provide an update on the approach to private sector retailing of cannabis in Alberta. Hiku, and our award-winning retail storefront brand Tokyo Smoke, have filed applications for a series of locations in Alberta which, if approved, will provide customers with a variety of experiences in different retail environments including flagship stores, express stores, shopping centres, and shop-in-shop. Hiku has filed applications for more than a dozen storefronts in Calgary and are at the top of the list to be considered in each of those locations following Calgary's first come, first serve approach to licensing. In addition to Calgary , Hiku has also filed applications in Edmonton for its random lottery process.
TORONTO , May 17, 2018 /CNW/ - Hiku Brands Company Ltd. (HIKU.CN) ("Hiku" or the "Company") is pleased to announce it has entered into a binding letter of intent ("LOI") with Oceanic Releaf Inc. ("Oceanic"), a Newfoundland & Labrador-based late-stage applicant under the Access to Cannabis for Medical Purposes Regulations ("ACMPR"). Under the terms of the LOI, Hiku will invest up to $1,000,000 in cash and up to $2,000,000 worth of common shares of Hiku in exchange for 25% of the post-closing aggregate issued and outstanding shares of Oceanic on a fully-diluted basis (the "Strategic Investment"). In connection with the Strategic Investment and pursuant to the LOI, Hiku and Oceanic intend to become licensed for up to five cannabis retail locations within the province, and will enter into a retail agreement governing the operation of these stores.
TORONTO , April 19, 2018 /CNW/ - Hiku Brands Company Ltd. ("Hiku") (HIKU.CN) and WeedMD Inc. (TSX-V:WMD) (WDDMF) (4WE.F) ("WeedMD"), are pleased to announce that today they have entered into a definitive agreement (the "Arrangement Agreement") to merge both companies, creating an industry leader (the "Transaction"). The Transaction combines two highly-complementary businesses and creates a unique and market differentiating vertically integrated company.
Hiku's licensed cannabis producer (DOJA) receives cannabis sales license from Health Canada
Hiku and Jackman Reinvents enter into strategic collaboration to bring best in class retail experience to cannabis
January was a great month for the cannabis industry, despite Attorney General Jeff Sessions’ decision to rescind the Cole Memo, an Obama-era memorandum that essentially protected state-legal cannabis businesses ...
Hiku Brands Applies for Cannabis Oil License, Launches Innovative Extraction Program in Partnership With Vitalis and Secures Prairies Expansion Rights for Tokyo Smoke Brand
Hiku's Licensed Cannabis Producer Completes Pre-Sales Inspection and Accelerates Expansion Plans on the Back of Retail Cannabis Win in Manitoba
New York, New York--(Newsfile Corp. - February 27, 2018) - CannabisNewsAudio announces the Audio Press Release (APR) titled "Key Companies That Will Remap Canada's Cannabis Retail Industry," featuring Hiku Brands Company Ltd. (CSE: HIKU) (OTC: DJACF).To hear the NetworkNewsAudio version, visit: http://nnw.fm/Nm9A2To read the original editorial, visit: http://nnw.fm/l3KunAlthough the name HIKU is new, the brands behind it are well-known and have interesting back stories. Tokyo Smoke was named "best brand" at the inaugural Cannabis ...
VANCOUVER, BC / ACCESSWIRE / February 20, 2018 / Every day brings the Canadian Cannabis Industry closer to legalization. Bill C-45 is set to pass this summer, and that will trigger massive retail opportunities. ...
VANCOUVER, BC / ACCESSWIRE / January 31, 2018 / A flurry of activity that has included billions worth in acquisitions in the legal cannabis market has redrawn the maps, and changed a lot of addresses as ...
New York, New York--(Newsfile Corp. - January 19, 2018) - NetworkNewsAudio announces the Audio Press Release (APR) titled "Standout Canadian Players Foster 'the Cannabis Lifestyle,'" featuring DOJA Cannabis Company Ltd. (CSE: DOJA) (OTC: DJACF).To hear the NetworkNewsAudio version, visit LINKTo read the original editorial, visit LINKRecently, DOJA announced its binding Letter of Intent to acquire Tokyo Smoke (http://nnw.fm/MbMW9)... The merger will also reportedly foster the creation of Canada's first retail-focused craft cannabis producer boasting ...
DOJA Cannabis and Tokyo Smoke Announce Signing of Definitive Business Combination Agreement
VANCOUVER, BC / ACCESSWIRE / January 16, 2018 / With the legalization of cannabis on the horizon in Canada, the multi-billion-dollar marijuana industry has officially entered its consolidation phase. Late ...