Cannabis and vegetable grower Village Farms International is raising $25 million (33 million Canadian dollars) via a registered direct offering with institutional investors.
Matt Lamers
Matt Lamers's Latest Posts
‘Several’ companies targeted in cannabis edibles crackdown, Health Canada says
Canada’s top health regulator said it is cracking down on “several” cannabis companies it alleges are selling “erroneously” classified products that far exceed the 10-milligram THC limit governing individual packages of edibles.
Cannabis producer Green Organic Dutchman changing its name
Canadian cannabis producer The Green Organic Dutchman is changing its name to BZAM, pending regulatory approval.
Canada’s crackdown on some cannabis extracts could cost industry millions
Health Canada has begun asking some federally licensed marijuana companies to stop selling certain ingestible cannabis products the regulatory agency says are incorrectly classified and labeled as “extracts” rather than “edibles,” MJBizDaily has learned.
Canadian Indigenous cannabis producer eyes global expansion: Q&A with All Nations executives
All Nations executives Darwin Douglas, Stacey Duffy and Todd Scarlett discuss the Indigenous company’s global strategy, hurdles and opportunities.
Colombian cannabis firm Clever Leaves to exit Portugal, cut 21% of workforce
Colombian cannabis producer Clever Leaves Holdings plans to cut almost one-quarter of its total workforce and wind-down operations in Portugal as part of a major restructuring effort.
Canadian recreational cannabis sales fall for second straight month
Consumer sales of recreational cannabis products in November 2022 fell in almost every Canadian province and major city, according to newly released data by Statistics Canada.
US Virgin Islands legalizes adult-use cannabis, but regulations unfinished
U.S. Virgin Islands Gov. Albert Bryan Jr. signed a comprehensive marijuana legalization bill into law this week, forming the legal foundation for the territory’s adult-use and medical cannabis industry.
Revoked personal medical cannabis production registrations surge in Canada
Health Canada is cracking down on alleged abuse of medical cannabis access via the personal and designated production program.
Canada’s legal cannabis market winning over illicit consumers, survey suggests
More Canadians than ever are purchasing cannabis primarily from regulated suppliers instead of illicit ones, according to the Canadian government’s annual Cannabis Survey.
Former execs of Canadian cannabis producer CannTrust acquitted in ‘quasi-criminal’ case
Three former executives of Canadian cannabis producer CannTrust, including its ex-CEO, have been acquitted of all charges after the case collapsed this week.
Canada increases cannabis drink purchase limit to 48 cans
Long-awaited Canadian regulatory updates to create a more robust research climate for marijuana and increase the amount of cannabis-infused beverages that can be purchased at any one time have come into effect.
