Mississauga, Ontario-based The Green Organic Dutchman Holdings and Vancouver-headquartered BZAM Cannabis entered into a binding agreement to combine their businesses.
Matt Lamers
Matt Lamers's Latest Posts
Canadian cannabis producers’ unpaid tax bills soar as industry seeks reform
A growing number of Canadian cannabis businesses are failing to pay their federal excise taxes on time, a sign that companies are struggling and deferring their tax bill to meet more pressing needs – such as paying employees.
Canadian marijuana businesses pitch reform on legalization’s 4th anniversary
Canadian marijuana industry leaders are meeting this week in Ottawa, Ontario, where they hope to impart an “urgent” message to federal lawmakers: Overtaxation is threatening the survivability of legal businesses, potentially putting the public-health objective of legalization at risk.
Fewer than 10% of Canadian cannabis licensees exited market, government report shows
Just under 10% of federal cannabis license holders in Canada have exited the market since legalization in October 2018, according to new government data.
Tilray reports $66 million loss as cannabis sales decline
Cannabis and alcohol company Tilray Brands lost $65.8 million (90 million Canadian dollars) in the first quarter ended Aug. 30 as net revenue declined 9% year-over-year to $153.2 million.
Costa Rican president follows through on pledge with cannabis draft law
Costa Rica’s president followed through with a promise he made in August to bring recreational cannabis legislation to the Central American country’s Legislative Assembly.
Principles and profit: Q&A with North 40 Cannabis owner Gord Nichol
Owner Gord Nichol discusses how North 40 Cannabis makes a profit and maintains its principles amid the challenges of the Canadian industry.
Australia’s Little Green Pharma inks cannabis supply deal with Cannamedical
Australian cannabis producer Little Green Pharma struck a deal to supply high-THC medical marijuana to Cologne, Germany-based Cannamedical.
Canadian cannabis producer Pure Sunfarms cuts 27 jobs
Pure Sunfarms, the cannabis unit of U.S. and Canadian produce company Village Farms International, cut more than two dozen positions, MJBizDaily has learned.
Japan urged to consider medical cannabinoid imports
A panel set up by Japan’s Ministry of Health, Labor and Welfare is recommending that the nation’s lawmakers carve out a legal pathway to import scientifically proven medical cannabinoids, similar to the approach South Korea took about four years ago.
Ontario Cannabis Store reviewing markup amid its soaring profits, private-sector losses
The Ontario Cannabis Store said Tuesday it is conducting “a holistic review” of its approach to pricing – including the markup it imposes on private marijuana business – after MJBizDaily estimated the government-owned wholesaler is the most profitable cannabis business in Canada.
Canadian adult-use cannabis sales get summer bump with record July
Adult-use cannabis sales jumped sharply in July as Canadians stocked up for summer, new data from Statistics Canada suggests.
