48North Cannabis acquisition of Quill : Canada-based 48North Cannabis has signed a definitive agreement to acquire US cannabis company Rare Industries (also known as Quill) for $2.1 million. The acquisition of Quill marks the entry of the Canadian cannabis company into the US. Quill, a US cannabis CPG brand, produces vape products and develops user-friendly […]
Canadian entertainment company Cineplex and CJ 4DPLEX, a cinema technology company have opened Canada’s second 4DX auditorium at the at Scotiabank Theatre Chinook in Calgary, Alberta. The new, multi-sensory experience at the 4DX auditorium debuted at the Scotiabank Theatre Chinook through Universal Pictures’ action movie – Fast & Furious Presents: Hobbs & Shaw. Commenting on […]
Intact Financial has agreed to acquire The Guarantee Company of North America and Frank Cowan Company from Princeton Holdings for C$1 billion, as per the latest insurance acquisition news. The acquisition is expected to strengthen Intact’s position in Canada, bringing the firm’s annual North American specialty lines direct premiums close to C$3 billion. The Guarantee […]
Canadian Tire Corporation (CTC) has signed an agreement with Party City, a US-based retail chain of party stores, to purchase the latter’s Canadian business for C$174.4 million ($131 million). The acquisition will help Canadian Tire become Canada’s leading party supply and celebration destination. Party City with 65 Canadian retail stores in seven provinces is a […]
Pure Gold Mining is set to begin construction of the Madsen Red Lake Gold Mine located in the Red Lake Mining District in northwestern Ontario, Canada, as per the latest mining industry news. The construction decision on the Madsen Red Lake Gold Mine was taken after the Canadian mining company secured a US$90 million project […]
Aeroports de Montreal (ADM), the operator of the YUL Montreal-Trudeau International Airport (YUL) in Montreal, Canada, has awarded a five-year IT and business transformation contract to Indian IT company Wipro. Apart from operating the third largest airport in Canada, Aeroports de Montreal, which is the airport authority for the Greater Montreal area, operates the YMX […]
Cannabis company Khiron Life Sciences has signed a distribution agreement with retail company Grupo Éxito to increase the former’s Kuida brand’s consumer reach in Colombia. With a potential expansion planned across the country, the deal includes the initial sale of Kuida in five Éxito WOW concept stores and 16 traditional format stores. Khiron CEO Alvaro […]
Cannabis company Khiron Life Sciences has signed a distribution agreement with retail company Grupo Éxito to increase the former’s Kuida brand’s consumer reach in Colombia. With a potential expansion planned across the country, the deal includes the initial sale of Kuida in five Éxito WOW concept stores and 16 traditional format stores. Khiron CEO Alvaro […]