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.

Denmark to make cannabis cultivation law permanent, extend struggling medical scheme

Denmark’s trial scheme for medical cannabis will be extended beyond the end of 2021, when the temporary program had been set to expire, the country’s Ministry of Health announced Tuesday. The trial gives doctors the ability to prescribe cannabis to patients and appropriately licensed businesses the ability to grow and ship medical marijuana. A majority […]

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Aurora Cannabis shares make debut on Nasdaq after firm departs NYSE

Edmonton, Alberta-based Aurora Cannabis has left the New York Stock Exchange (NYSE) and followed some of its Canadian competitors onto the Nasdaq Global Select Market. Aurora, which lost 1.4 billion Canadian dollars ($1.2 billion) through nine months of its fiscal year, swapped one exchange for the other because the Nasdaq generally has lower ongoing listing […]

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Canada’s sixth-biggest city to consider lifting ban on cannabis stores

Mississauga – Canada’s sixth-largest city by population – is going to have an opportunity to reconsider its existing ban on legal cannabis stores in early June, MJBizDaily has learned. The city, which is near Toronto, is among nearly 70 municipalities in Ontario that prohibited regulated cannabis stores from setting up shop after Canada legalized adult-use […]

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Canada’s legal cannabis market continues to erode illicit market’s share

The gap between Canada’s legal and illicit cannabis markets continues to widen, the latest Statistics Canada data suggests. Household spending on adult-use cannabis products in regulated channels grew to 918 million Canadian dollars ($800 million) in the final quarter of 2020, or CA$204 million more than the estimated amount spent on illicit cannabis in the […]

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More Canadian cannabis firms filing complaints about rival businesses

Canadian cannabis companies formally cried foul about their rivals’ business practices nearly 200 times last year, the highest number of complaints lodged with Health Canada in years and nearly double 2019 levels. Experts say the rising number of complaints might stem in part from cutthroat competition in the industry, which could be spurring companies to […]

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Canada approves fourth medical cannabis vaporizer license

Health Canada approved a cannabinoid inhaler made by Tel Aviv, Israel-based Syqe Medical, the company announced, making it only the fourth medical device license granted for a cannabinoid vaporizer by Canada’s federal regulator of therapeutic products. The license means the inhaler may be offered for general marketing purposes in Canada. Syqe Medical said in late […]

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Samuel Adams brewer to research cannabis beverages in Canada

The Boston Beer Co., the maker of Samuel Adams, announced plans to establish a subsidiary in Canada to research nonalcoholic cannabis beverages. The subsidiary will serve as a dedicated research and innovation hub focused on nonalcoholic cannabis beverages, according to a news release. The company did not say where it intends to sell any products […]

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Why Hexo is buying 48North Cannabis for CA$50 million: Q&A with CEO St. Louis

Hexo Corp. is buying competitor 48North Cannabis Corp. in an all-stock deal worth approximately 50 million Canadian dollars ($41 million), the companies said Monday morning, continuing the Ottawa, Ontario-headquartered company’s recent acquisition spree. The planned acquisition comes on the heels of Hexo’s agreement in February to buy another struggling rival, Zenabis Global, for CA$235 million […]

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Aurora Cannabis shakes up board, eyes cuts after CA$165 million quarterly loss

Aurora Cannabis announced a shake-up of its board of directors and is eyeing tens of millions of dollars in additional cost savings as the Alberta, Canada-based company reported another large quarterly loss amid sharp drops in its adult-use and international sales. Aurora reported a net loss for its quarter ended March 31 of 164.7 million […]

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Sundial’s adult-use cannabis revenue dives 38% in quarter

Sundial’s revenue from recreational cannabis in Canada plunged by more than one-third in its most recent quarter compared to the previous period, as the company took a hit from price compression and provincial wholesalers culling slow-moving products. The Calgary, Alberta-based marijuana producer reported net revenue of 9.9 million Canadian dollars ($8 million) for its first […]

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Marijuana producer Pure Sunfarms reports small quarterly sales growth

Canadian marijuana producer Pure Sunfarms reported a small increase in net sales in the January-March quarter compared to the preceding three months, bucking an industry trend in which most large licensed producers lost momentum in the early part of this year. British Columbia-based Pure Sunfarms, a wholly owned subsidiary of Village Farms International, booked net […]

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