The Canadian province of British Columbia is launching a program to highlight cannabis products in retail stores and online made by B.C.-based Indigenous producers.
Matt Lamers
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Analysts scrutinize latest Hexo plan to trim marijuana costs after years of losses
Analysts are skeptical about plans outlined by Canadian marijuana producer Hexo Corp. to slash manufacturing and production costs and sell some noncore assets as the Quebec company looks to turn itself around after years of losses.
Cronos appoints Nestle, Supreme Cannabis alum Griese as head of operations
Canadian marijuana producer Cronos Group promoted John Griese, former chief operating officer of The Supreme Cannabis Co., as senior vice president, head of North American operations.
Israeli cannabis company IMC Holdings appoints Rinat Efrima as CEO
IMC Holdings, the Israeli subsidiary of IM Cannabis Corp., hired Rinat Efrima as its new chief executive officer, the company announced.
Quebec adult-use cannabis stores must now check vaccine passports
The second-biggest adult-use cannabis market in Canada, the province of Quebec, is now requiring proof of vaccination for the COVID-19 virus for entry into any of its regulated marijuana stores.
How to grow marijuana sales organically: Q&A with Organigram CEO Beena Goldenberg
Organigram is among a handful of large Canadian cannabis producers that managed to take more overall share of Canada’s cannabis market in 2021 via nondilutive organic sales growth.
How did the Moncton, New Brunswick-based licensed producer do it?
Canadian government hosting cannabis industry diversity forums
The Canadian government is hosting two public forums this month to learn how it can support existing and potential cannabis industry stakeholders from Black, Indigenous and other diverse communities
Organigram loss narrows on brisk cannabis sales
New Brunswick cannabis producer Organigram’s loss narrowed to 1.3 million Canadian dollars ($1 million) as adult-use sales soared over 70% compared to the comparable year-ago period, according to the company’s first-quarter financial results released Tuesday.
Marijuana producer Tilray buys two more craft beer brands for $5.1 million
Marijuana producer Tilray Brands acquired two California craft beer brands in late 2021, Alpine and Green Flash, in a cash and stock deal worth $5.1 million (6.4 million Canadian dollars), according to a new regulatory disclosure.
Tilray, Budweiser maker AB InBev end cannabis beverage partnership
The world’s leading brewer, AB InBev, and Canada’s leading cannabis producer by market share, Tilray, have ended their partnership, the New York-based cannabis company quietly acknowledged in a regulatory filing early Monday.
Tilray misses ‘muted expectations’ on plunging cannabis sales
Tilray reported net revenue of $155. 1 million (196 million Canadian dollars) in the quarter ended Nov. 30, considerably lower than consensus expectations of $170 million in cannabis sales, citing coronavirus-related headwinds, supply-chain issues and a lower share of the key Canadian market.
Cannabis firm CannTrust, short on cash, warns of potential ‘orderly wind-down’
Canadian cannabis producer CannTrust Holdings says it doesn’t have sufficient liquidity to operate beyond the near term and is developing a plan to wind down in case more financing doesn’t materialize.
