The United Kingdom's representative in the British Virgin Islands (BVI) has so far declined to sign off on a new law to permit medical cannabis production and sales, causing an “unnecessary" delay in getting the medical marijuana industry up-and-running, according to...
Cannabis producer CannTrust said it’s returning to the Canadian recreational marijuana market this month as the embattled company looks to open a new chapter more than a year after being censured for serious regulatory violations.
Vancouver, British Columbia-based Zenabis Global reached a conditional agreement for the sale of its facility in Delta, B.C., for what appears to be half the original listing price. The conditional deal comes as large Canadian marijuana producers look to unload indoor...
Aurora Cannabis says it’s pausing operations at its Sun greenhouse in Medicine Hat, Alberta, “indefinitely.” The closure represents the latest casualty after the industry significantly overshot the production capacity needed to meet demand in Canada's expanding...
New Brunswick-based cannabis producer Organigram reported a net loss of 136 million Canadian dollars ($105 million) for its fiscal year 2020, a substantial increase from the company's previous annual loss of CA$9.5 million. Organigram lost CA$39 million in the quarter...
New Brunswick’s cannabis retail monopoly Cannabis NB expects to end its fiscal year with a profit of over 10 million Canadian dollars ($7.7 million). “We are excited to have achieved an important milestone — 12 consecutive months of...
Makers of edible cannabis products in Canada continue to stock more goods than they’re able to sell, the latest data from Canada’s cannabis regulator shows. In August, federal license holders, provincial distributors and retailers held almost 10 million packaged units...
A strike that shuttered 10 of Newfoundland and Labrador's 27 licensed marijuana stores has come to an end. The C-Shop cannabis store locations, which are located inside Dominion grocery stores and staffed by Dominion workers, closed in August...
Cannabis businesses in Canada benefited from millions of dollars in pandemic-related subsidies from the federal government, according to research by the publication The Deep Dive and verified by Marijuana Business Daily.
Cannabis producer Little Green Pharma became the first Australian company to send its medical marijuana oil to Germany for sale to consumers, the Western Australia-based firm announced.
Toronto-based Supreme Cannabis Co. recorded a small profit in its first fiscal quarter of the year, the company announced.
MediPharm Labs Corp. reported third-quarter revenue of 4.9 million Canadian dollars ($3.8 million), 88% lower than the CA$43.4 million the Barrie, Ontario, company booked in the same period last year.
