Company News

PRESS DIGEST- Canada-Sept 4

Sept 4 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.


** Crescent Point Energy Corp is selling C$912 million ($687.01 million) in assets, a major step toward cutting its debt as it shifts its focus to core oil properties in Saskatchewan.

** Vancouver based software firm, Themis Solutions Inc, which operates as Clio that helps lawyers manage their practices over the internet has secured the largest single venture capital financing in Canadian history in a deal valued at C$333.5 million ($251.22 million) with U.S.growth equity firms TCV and JMI Equity.

** Aurora Cannabis Inc sold its stake in The Green Organic Dutchman Holdings Ltd after markets closed on Tuesday, ending the relationship between the two cannabis firms.


** Seven cannabis retail lottery winners linked to HighLife Cannabis Co were disqualified by the Alcohol and Gaming Commission of Ontario last week after failing to submit the necessary documentation required to continue in the process of obtaining a licence to set up a cannabis store in the province. ($1 = 1.3275 Canadian dollars) (Compiled by Bengaluru newsroom)