the Financial Post


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High stakes for Knight Therapeutics as proxy battle results loom

Although he’s still waiting for the votes to roll in, Meir Jakobsohn already believes the proxy fight he launched at Knight Therapeutics Inc. has been a success of sorts.It’s still much too early to know how shareholders are leaning, but after spending three months criticizing the Montreal-based pharmaceuticals company for its conservative strategy and its…


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NEO emerging as CSE rival as U.S. pot company goes public with Canaccord’s help

American cannabis company Columbia Care Inc. made its rather unconventional public market debut on Monday, choosing to list on the little-known Toronto-based Aequitas NEO Exchange via a merger with a special purpose acquisition company (SPAC) created by investment firm Canaccord Genuity Group Inc.The New York-based multi-state medical marijuana operator opened its first day of trading…




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‘Absolutely horrible’: Cannabis industry expectations sliding after slow start to legal era

Soaring expectations for Canada’s cannabis industry are being tempered in some quarters after licensed producers reported what for the most part were underwhelming financial results in the first post-legalization period.Over the past few months, the biggest cannabis companies in the country — Canopy Growth Corp., Tilray Inc., Aurora Cannabis Inc., Aphria Inc., Cronos Group and…


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Bank of Nova Scotia’s plan to sell assets in Caribbean facing scrutiny from local watchdog

Bank of Nova Scotia’s plan to sell some of its Caribbean assets is facing scrutiny from a local watchdog that has flagged what it says are potential “anticompetitive effects.”Scotiabank announced late last November that it had struck a deal to sell banking operations in nine “non-core” Caribbean markets to Trinidad and Tobago-based Republic Financial Holdings…


Growing Pains: Inside Canopy Growth Corp.’s bid to scale up at Aldergrove

Growing Pains: Inside Canopy Growth Corp.’s bid to scale up at Aldergrove

It’s 11 a.m. on a rainy Thursday morning and hundreds of Canopy Growth Corp. employees are shuffling into work at the company’s facility in Aldergrove, B.C.After first donning Health Canada-mandated scrubs, lab jackets, hairnets and booties, they enter one of the facility’s massive greenhouses, where they’ll spend the next eight hours tending to thousands of…



Newmont says it will issue a special dividend if Goldcorp deal goes through — but it’s not an attempt to pay off investors

Newmont says it will issue a special dividend if Goldcorp deal goes through — but it’s not an attempt to pay off investors

Newmont Mining Corp. on Monday announced it will pay its shareholders a “special” dividend if it completes its US$10 billion acquisition of Vancouver-based Goldcorp Inc.The 88 U.S. cents dividend will cost Newmont roughly US$470 million in aggregate, and is payable only if Newmont completes its Goldcorp deal. In an interview with the Financial Post, Tom…