Pioneering cannabis campany has finally found a buyer for its flagship Vancouver Island property

The pioneering Nanaimo cannabis giant Tilray has finally pulled out of the city, taking with it roughly 170 jobs.

Last week, it found a conditional buyer for its flagship property in the city which was listed for more than $18 million.

Canada's first legal medical cannabis grower opened its Vancouver Island facilities to great fanfare in April 2014, a year-and-a-half before the election of the federal Liberal government on a promise to legalize cannabis.

Its departure from Nanaimo is a loss for the city.

Sugarbud Craft Growers Corp. (TSXV: SUGR, SUGR.DB, SUGR.WR, SUGR.WS, SUGR.WT) (OTCQB: SBUDD) (“Sugarbud” or the “Company“) is pleased to announce the further expansion of the Company’s product portfolio in British Columbia with the launch of Bahama Blizzard #11.

What should investors make of the recent Tilray (TSX:TLRY)(NASDAQ:TLRY) deal to acquire Hexo (TSX:HEXO)(NASDAQ:HEXO)?

Cannabis has started gaining broader acceptance, and an increasing number of jurisdictions have legalized it for medicinal, recreational, and other uses. The marijuana market comprises of organizations that engage in or support the distribution, sale, research, and development of recreational and medical marijuana.

This space is at a nascent stage even now, making it attractive to investors seeking exponential growth. Let’s take a closer look at this space, particularly focusing on two big shots — Tilray (TSX:TLRY)(NASDAQ:TLRY) and Hexo (TSX:HEXO)(NASDAQ:HEXO).

The Lift&Co cannabis conference and trade show returns to the Metro Toronto Convention Centre, May 12-15, 2022, complete with signature surprises and a-ha! moments.

Lift&Co. Expo, Canada’s no. 1 cannabis conference and trade show, returns to the Metro Toronto Convention Centre, May 12-15, 2022, delivering expert insights and education, as well as the ultimate in business-building networking, and an expo floor showcasing hundreds of products, services, and cannabis industry innovations.

All this, plus the uniquely irresistible experience that keeps thousands of cannabis producers, growers, investors, movers, shakers and trailblazers buzzing.

Lift&Co. Expo Toronto 2022 includes:

Canadian cannabis operator High Tide filed financial for the first quarter of 2022 after the close of the equity markets on Thursday, reporting revenue of 72.2 million Canadian dollars ($57.1 million) for the three-month period ending January 31, an increase of 88% over the same quarter last year and 34% more than revenue reported for the fourth quarter of 2021.

The Valens Company Inc. provided an update on its recent recreational market share in Canada.

Tyler Robson, CEO, co-founder and chair of The Valens company, stated "We have shown strong quarter-over-quarter growth, as we continue to execute on our business strategy across all our brands in the Canadian recreational market. Furthermore, with the recent launch of Versus ready-to-drink seltzers, our Contraband ultra-premium flower offering, CNDYLND, and other recently launched product initiatives we look to continue our momentum into the coming quarters and deliver on our market share and profitability objectives in 2022." (Benzinga)

Greenway Greenhouse Cannabis Corporation (CSE: GWAY) ("Greenway Greenhouse" or the "Company") is proud to announce their support of the Southwestern Ontario cannabis and agriculture industries through their platinum sponsorship of the inaugural CannabisWiki Conference and Expo in London, Ontario on June 15 and 16, 2022.

The first annual CannabisWiki Conference and Expo is hosted by, and presented in partnership with, the Western Fair District and will offer a premier cannabis-related event to Southwestern Ontario, Canada's Eastern Agri-Food hub and innovation centre.

The new branding was a strategic decision tied up with the “transformative acquisition” of 180 Smoke and restructuring of the public vehicle, said Cameron Wickham, Delota’s CEO

Delota Corp. (TSX-V:LOTA) which was named Spyder Cannabis Inc until November 2021, is known for its cannabis and vape stores across Ontario, and has most recently undergone a metamorphosis to reinforce its growth and presence in the Canadian retail cannabis market.

The company most recently launched its latest dispensary brand banner, Offside Cannabis, and currently operates three Offside Cannabis dispensaries in Ontario; two locations in Niagara Falls and one in Pickering.

Trees Corporation (NEO: TREE) (the "Company" or "Trees"), a premier Canadian cannabis retailer, is pleased to announce that it has completed its previously announced acquisition of Miraculo Inc. ("Miraculo") pursuant to the terms of an amalgamation agreement dated February 7, 2022 (the "Amalgamation Agreement") whereby Miraculo amalgamated with 1000101203 Ontario Inc., a wholly-owned subsidiary of the Company ("Trees Subco"), to form an amalgamated entity ("Amalco") in order to carry out a three-cornered amalgamation (the "Amalgamation") whereby Trees acquired all of the issued and outstanding shares of Miraculo ("Miraculo Shares").