Cannabis Report text across cannabis leaves.
(File image)

Canada’s largest cannabis retailer will take its talents into the German medical cannabis market by acquiring 51 per cent of pharmaceutical wholesaler Purecan GmbH for $7.1 million. Consideration represents an enterprise valuation of $14 million. Purecan will soon launch a telemedicine portal for German medical cannabis patients.

German flag with cannabis flower background
(Source: Adobe Stock)

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Weekly Update – Top Cannabis News Stories

1 | Aurora announces German internship program

2 | Tilray’s gross profit increased by 29 per cent year-over-year, reaching $61 million in Q2

3 | MediPharm offers update on Napanee facility sale to Kensana Health

4 | Glow Lifetech makes Atlantic Canada debut with MOD drops

Top Cannabis Stocks Jan. 10 to Jan. 16, 2025

1. T.TLRY | 14,594 views | Tilray Brands Inc.
2. T.WEED | 6,118 views | Canopy Growth Corp.
3. C.CURA | 3,874 views | Curaleaf Holdings Inc.
4. T.LABS | 3,566 views | Medipharm Labs Corp.
5. C.OILS | 1,105 views | Nextleaf Solutions Inc.
6. C.TGIF | 705 views | 1933 Industries Inc.


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