Canada's Aurora Cannabis Inc. said on Monday it increased its stake in Australia-based Cann Group Ltd to 22.9 percent from 19.9 percent, its latest move to expand in the cannabis industry.
Aurora, already Cann Group's largest shareholder, said it bought the shares at A$2.50 ($1.90) apiece...
The federal government has issued the first licence under its new regulatory system for medicinal cannabis use in Australia.
The research licence, issued by the Office of Drug Control (ODC) to Melbourne-based Cann Group subsidiary Cannoperations, allows the Cann Group to legally cultivate...