A group comprised of cannabis industry leaders and experts is calling on Ontario’s government to provide a more complete timetable for when retail stores will be permitted through an open allocation of licenses. So far, the province has used a botched lottery system...
Ontario’s government is still not releasing key details on when it will significantly expand the number of adult-use cannabis stores, while a new analysis suggests the slow rollout of storefronts has already cost the province's fledgling industry about 325 million...
Barrie, Ontario-based cannabis extraction company MediPharm Labs has applied to list its shares on the Nasdaq amid a heightened period of volatility for marijuana stocks in North America. If approved for trading, MediPharm would join a growing list of Canadian...
New regulations to facilitate the commercial export of medical cannabis from Jamaica, intended to make the country's businesses competitive on the global stage, face further delay as relevant ministries iron out the final rules. Agriculture Minister Audley Shaw...
Jamaican regulators want to substantially reduce the amount of time it takes entrepreneurs to get a cannabis business license, but banking remains the biggest hurdle to the fledgling industry's growth. The Cannabis Licensing Authority (CLA) is in the final stages of a...
The shortage of cannabis that plagued businesses in the early months of legalization is over, according to an industry group representing Canada’s biggest marijuana producers. “There is ample supply of cannabis for the adult recreational market,” Cannabis Council of...
Denmark’s medical cannabis pilot program saw virtually no quarter-over-quarter growth in the first half of 2019, according to new Danish Health Authority data.
Chuck Rifici, CEO of Nesta Holding Co., discusses his insight into Canada’s cannabis market, business opportunities and shared advice for entrepreneurs.
Canada’s largest cannabis companies are urging Ontario Premier Doug Ford to significantly increase the number of recreational marijuana stores, noting that the province’s retail footprint is “severely challenging” their ability to invest in the new industry. In an...
Cannabis industry veteran Jeannette VanderMarel has taken the reins of licensed producer Beleave and is looking to turn a profit at the Ontario company in the first half of 2020
The Canadian province of Saskatchewan is following Alberta's lead in adopting a market-based system to allocate cannabis store permits, a move that will greatly expand the number of retail opportunities available for entrepreneurs. By scrapping the 51-store limit, the...
Gatineau, Quebec-based, federally licensed producer Hexo recorded annual and quarterly net losses of 82 million Canadian dollars ($62 million) and CA$57 million, respectively, for the period ending July 31. That’s significantly worse than the same period last year,...
