Tilray made its first move into the retail space, acquiring Alberta REC retailer Four20 (owner of High Park) for $110M.
MJ Biz Daily
- Four20 has six licensed REC stores in Alberta and has 16 more locations it hopes to license as REC stores.
Calgary Herald
Quick Hits
- In June, CannTrust was the third most reputable LP in Canada. Today, not so much. Though Australia is far less concerned than Denmark that it may have imported some of CannTrust‘s illicit cannabis.
MJ Biz Daily, Business Insider - Constellation Brands predicted its investment in Canopy cost it USD$54.8M this (current) quarter.
Canada.com - Canopy Growth venture arm Canopy Rivers reported a $3M loss for Q1.
Bloomberg
