Canadian cannabis firm Canopy Growth has given its CEO position a generous salary bump this year, according to recent filings with the U.S. Securities and Exchange Commission, even as the company laid off a large chunk of its workforce and struggled to contain losses....
New Brunswick-based cannabis producer Organigram Holdings has signed a multiyear supply agreement with Israeli cannabis firm Canndoc. The deal would result in a significant increase in the amount of cannabis being shipped from Canada to Israel in the coming years,...
Canadian businesses exported more dried medical cannabis than ever last year, but that growth is expected to be challenged when the country’s main export destination – Germany – initiates local production later this year.
Aurora Cannabis is disposing of another investment for a large loss. The Alberta company said it is unloading its 23% stake in Alcanna, one of the largest retailers of alcohol and cannabis in North America. Alcanna and Aurora entered into an...
Veteran consumer packaged goods executive Beena Goldenberg sees parallels between the development of the natural organic food market and the cannabis industry.
Federal cannabis licenses for one of CannTrust’s facilities were reinstated, about nine months after the embattled Ontario producer was hit with suspensions over legal and regulatory breaches.
Cannabis producer The Green Organic Dutchman (TGOD) is no longer pursuing opportunities in Jamaica so it can focus on its struggling Canadian operations, the Mississauga, Ontario-based company said. The company on Tuesday reported quarterly...
British Columbia says it is looking into measures to support adult-use cannabis businesses during the COVID-19 crisis, including the possibility of allowing stores to conduct online sales and delivery. Privately owned cannabis stores in the province are allowed to...
Ontario’s Ministry of the Attorney General is still considering comments and submissions it received for expanding business opportunities in the regulated cannabis industry - including allowing marijuana consumption cafes and special-occasion permits. [include_post...
Guam’s Cannabis Control Board expects to hold a meeting in the coming weeks to finalize a regulatory framework governing the territory’s adult-use marijuana industry.
Jamaica published details about the “Business Continuity Plan” it has implemented to maintain a functional and expanding cannabis industry amid the COVID-19 pandemic. Part of the plan involves the Cannabis Licensing Authority (CLA) using “remote” means to monitor...
British Columbia’s monthly share of the federal excise duty on adult-use cannabis hit a fresh high as the province continued to execute its plan to greatly expand the number of privately and publicly owned marijuana stores. For December, British Columbia’s share of...
