Hong Kong bans increasingly popular CBD products
A new law in Hong Kong bans the sale and production of CBD, imposing severe penalties and pulling the rug out of an increasingly popular market.
A new law in Hong Kong bans the sale and production of CBD, imposing severe penalties and pulling the rug out of an increasingly popular market.
Tilray Brands has quietly abandoned its pledge to achieve annual revenue of $4 billion (5.3 billion Canadian dollars) by the end of 2024, with analysts now predicting the North AmericanĀ cannabis producer will fall far short of that figure.
Israeli cannabis producer InterCureās proposed acquisition of rival medical marijuana company Cann Pharmaceutical, also known as Better, was terminated after the companies failed to bridge differences.
Calgary, Alberta-based High Tide lost 52.5 million Canadian dollars ($38 million) in its quarter ended Oct. 31, driven largely by noncash impairment charges of CA$48.6 million related to e-commerce platforms.
Argentina launched a national regulatory agency for the hemp and medical marijuana industries, aiming to capitalize on the domestic and international markets.
Hexo Corp. said it won the dismissal of a securities class action lawsuit that had been pending before the Quebec Superior Court against the Canadian cannabis producer and a former CEO.
Cannabis and vegetable grower Village Farms International is raising $25 million (33 million Canadian dollars) via a registered direct offering with institutional investors.
Canada’s top health regulator said it is cracking down on “several” cannabis companies it alleges are selling āerroneouslyā classified products that far exceed the 10-milligram THC limit governing individual packages of edibles.
Canadian cannabis producer The Green Organic Dutchman is changing its name to BZAM, pending regulatory approval.
Health Canada has begun asking some federally licensed marijuana companies to stop selling certain ingestible cannabis products the regulatory agency says are incorrectly classified and labeled as “extracts” rather than “edibles,” MJBizDaily has learned.
All Nations executives Darwin Douglas, Stacey Duffy and Todd Scarlett discuss the Indigenous company’s global strategy, hurdles and opportunities.
Colombian cannabis producer Clever Leaves Holdings plans to cut almost one-quarter of its total workforce and wind-down operations in Portugal as part of a major restructuring effort.