The government of Saskatchewan has introduced legislation to increase First Nations self-governance in the retail cannabis sector, the province announced.
Matt Lamers
Matt Lamers's Latest Posts
Ontario cannabis store regulator under pressure over alleged ‘pay-to-play’ deals
Ontario’s cannabis store regulator is facing calls to crack down on alleged pay-to-play schemes that some industry executives say allow larger marijuana producers and brands to secure prime shelf space for their products and other special treatment from retailers.
Ontario cannabis execs sound alarm over alleged pay-to-play retail scheme
Canadian cannabis manufacturers and brands increasingly are, in effect, paying Ontario retailers for shelf space and other special treatment for their products, according to industry executives.
Study: ‘Significant’ negative ties between medical cannabis sales, alcohol
A Canadian researcher has found a “significant negative association” between sales of regulated medical cannabis and alcohol.
Organigram nears profitability as cannabis sales jump to CA$145.8 million
Cannabis producer Organigram Holdings said its sales soared in the fourth quarter and for the year ended Aug. 31, rising to 45.5 million Canadian dollars ($33.5 million) and $145.8 million, respectively.
Cannabis firm Rubicon reports quarterly profit with Canada focus
Vancouver, British Columbia-based cannabis producer Rubicon Organics said it recorded adjusted EBITDA profitability, net profit from operations and positive free cash flow in its quarter ended Sept. 30.
‘We’re not in business to lose money’: Q&A with Tony Giorgi, CEO of Canadian cannabis producer Sensi Brands
Tony Giorgi, CEO of Sensi Brands, explains why his Canadian cannabis company is profitable and discusses the outlook for the industry.
Germany’s plan to legalize recreational marijuana hits potential hurdle
The health minister of Germany’s largest state is asking a key European Union official to block Germany’s plan to regulate recreational cannabis production and sales.
First Nations fight ‘systemic exclusion’ in Canadian cannabis industry
Some Indigenous leaders believe they’ve been largely excluded from Canada’s multibillion-dollar legal cannabis retail and cultivation industry.
Village Farms’ Canadian cannabis unit ekes out quarterly profit of CA$200,000
The Canadian cannabis operations of U.S. produce company Village Farms International reported net income of 200,000 Canadian dollars ($148,000) and positive adjusted EBITDA of CA$6.7 million for its third quarter period ended Sept. 30.
Canadian cannabis producer Canopy loses CA$231.9 million in quarter
Canadian cannabis producer Canopy Growth reported a net loss of 231.9 million Canadian dollars ($172 million) in its second quarter, reflecting “non-cash fair value changes” as well as a jump in asset impairment and restructuring costs.
Akanda sends first medical cannabis shipment to Germany
Global company Akanda announced the arrival and sale in Germany of its first shipment of medical cannabis from Portugal.
