Israel’s InterCure and San Francisco-based Cookies opened the first Cookies store in Vienna.
Matt Lamers
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Spain set to approve medical cannabis sales in pharmacies
A subcommittee in Spain’s Congress of Deputies approved a draft bill to regulate some medical cannabis sales in the country, sending the proposal to the Health Commission for another key vote this week.
Canadian cannabis company Zenabis Global files for creditor protection
Zenabis Global, a subsidiary of Quebec-based licensed cannabis producer Hexo Corp., filed for creditor protection under Canada’s Companies’ Creditors Arrangement Act (CCAA) to restructure the business.
Health Canada: No new marijuana beverage rules before fall 2022
Canadian cannabis companies awaiting a potentially major regulatory overhaul they hope will pump new life into the country’s fledgling infused beverage market will have to wait a bit longer.
High Tide’s cannabis sales soar; Fire & Flower clipped by competition
Two of Canada’s biggest cannabis retailers, Edmonton, Alberta-based High Tide and Toronto’s Fire & Flower, reported small losses in their latest respective quarters.
Cannabis producer Hexo loses CA$146 million in quarter, sees executive exodus
Hexo Corp. reported a net loss of 146 million Canadian dollars ($112 million) for its February-April quarter, bringing the Canadian cannabis producer’s loss for the first nine months of its 2022 financial year to CA$953.8 million.
Germany kicks off preparatory phase of cannabis legislation
Germany is set to launch a series of expert hearings at the Federal Ministry of Health this week as part of the country’s plan to legalize cannabis production and sale.
‘We’re starting slow’: Q&A with Boston Beer cannabis chief Paul Weaver
Infused beverages haven’t yet taken off in Canada, but that doesn’t concern Paul Weaver, head of cannabis at Boston Beer Co., the well-known U.S. craft brewer.
Weaver espouses a go-slow approach in the infused beverage business.
Neptune latest to retreat from Canadian cannabis industry
Neptune Wellness Solutions is the latest business to retreat from Canada’s increasingly competitive cannabis industry.
Alimentation Couche-Tard exec takes helm of cannabis retailer Fire & Flower
Canadian cannabis retailer Fire & Flower appointed Stéphane Trudel as chief executive officer, effective immediately, the company announced Thursday.
Ontario Cannabis Store data breach raises credibility, security concerns
The credibility of the government-run Ontario Cannabis Store is at stake after sensitive industry data was misappropriated and leaked, according to experts.
Canopy loses CA$578 million in quarter as cannabis revenue plunges
Canadian cannabis producer Canopy Growth lost another 578.6 million Canadian dollars ($454 million) in its fourth fiscal quarter for the period ended March 31 as its adult-use sales collapsed 36% compared to the previous year.
