EMAIL: mattl@mjbizdaily.com
PHONE: 720.699.0794

Matt Lamers

Matt is based in the Greater Toronto Area and covers international cannabis markets for Marijuana Business Daily. Previously, he worked as a business editor, photographer and reporter for newspapers and magazines in three countries, covering everything from the oil and gas industry in northern British Columbia to North Korean defectors in Seoul.

Articles by Matt Lamers :

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.

February 6, 2023

Cannabis producer Tilray quietly drops $4 billion sales target for 2024

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 American cannabis producer will fall far short of that figure.

February 2, 2023

Image of Biocant Research Park, home to Tilray's Portugal cannabis facility.

InterCure’s $35M purchase of Israeli marijuana producer Better scrapped

Israeli cannabis producer InterCure’s proposed acquisition of rival medical marijuana company Cann Pharmaceutical, also known as Better, was terminated after the companies failed to bridge differences.

February 1, 2023

Cannabis retailer High Tide sees sales double, inks deal with Germany’s Sanity

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.

January 31, 2023

Image of the exterior of a High Tide Canna Cabana store in Canada

Argentina launches cannabis regulatory agency with eye on exports

Argentina launched a national regulatory agency for the hemp and medical marijuana industries, aiming to capitalize on the domestic and international markets.

January 30, 2023

Quebec court dismisses shareholder suit against cannabis producer Hexo

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.

January 27, 2023

Cannabis and veggie grower Village Farms raising $25 million

Cannabis and vegetable grower Village Farms International is raising $25 million (33 million Canadian dollars) via a registered direct offering with institutional investors.

January 26, 2023

Image of a businessperson fanning out money

‘Several’ companies targeted in cannabis edibles crackdown, Health Canada says

Canada’s top health regulator said it is cracking down on “several” cannabis companies it alleges are selling “erroneously” classified products that far exceed the 10-milligram THC limit governing individual packages of edibles.

January 26, 2023

Cannabis producer Green Organic Dutchman changing its name

Canadian cannabis producer The Green Organic Dutchman is changing its name to BZAM, pending regulatory approval.

January 25, 2023

Image of Green Organic Dutchman cannabis facility.

Canada’s crackdown on some cannabis extracts could cost industry millions

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.

January 25, 2023

Image of a container of Canadian cannabis edibles

Canadian Indigenous cannabis producer eyes global expansion: Q&A with All Nations executives

All Nations executives Darwin Douglas, Stacey Duffy and Todd Scarlett discuss the Indigenous company’s global strategy, hurdles and opportunities.

January 24, 2023

Colombian cannabis firm Clever Leaves to exit Portugal, cut 21% of workforce

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.

January 23, 2023