New Brunswick-based cannabis producer Organigram Holdings reported an improved fiscal third quarter, with revenue rebounding to 20.3 million Canadian dollars ($16 million), up almost 40% over the previous three-month period. Net loss also improved. The company lost...
Canadian producers have destroyed millions of packaged cannabis products and hundreds of tons of unpackaged marijuana since adult use was legalized in late 2018, according to data acquired by MJBizDaily.
Approximately 11,304 units of recreational and medical cannabis have been recalled in Canada over concerns the affected product might contain yeast, mold and bacteria. The recall involves dried cannabis pre-rolls produced by Edmonton, Alberta-based Atlas Growers and...
Kelowna, British Columba-based GTEC Cannabis Co. says it has received approval to graduate from the TSX Venture Exchange and now can list its shares on the Toronto Stock Exchange.
The only legal retailer of recreational cannabis in the province of New Brunswick is holding a competition to highlight local producers, engage customers and boost the credibility of the regulated market. The Cannabis NB competition aims to find the best premium...
German-grown medical cannabis is available for purchase and sale by local pharmacies for the first time, the Federal Institute for Drugs and Medical Devices (BfArM) announced late Wednesday. Pharmacies can use the portal by Cansativa GmbH to purchase medical marijuana...
Health Canada says it was not aware a member of cannabis producer CannTrust’s board was under investigation by securities regulators and police when the federal regulatory agency reinstated the licenses for two of the company’s production sites in 2020 after an illicit cultivation scandal.
The Australian subsidiary of Barrie, Ontario-headquartered MediPharm Labs received a government grant worth 466,577 Australian dollars ($352,000) to help fund a capacity optimization project at its cannabis extraction facility in Wonthaggi, Victoria.
Aurora Cannabis decided not to renew a contract to produce recreational marijuana in Uruguay, and the Canadian company is “actively marketing” a facility in the South American country, a spokeswoman confirmed to MJBizDaily.
Canadian cannabis producer Aphria gave then-CEO Irwin Simon a cash and stock compensation package worth $8.1 million (10.5 million Canadian dollars) early last year to change his employment status from independent contractor to full-time employee.
A new report by the United Nations Office on Drugs and Crime says the coronavirus pandemic created circumstances that likely caused cannabis markets in some parts of the world to expand faster than they otherwise would have, particularly in high-income countries. That...
Canada posted record cannabis sales for the second consecutive month in April, with adult-use marijuana retailers in British Columbia and Ontario leading the way. April’s online and in-store sales of regulated cannabis amounted to 309.7 million Canadian dollars ($251...
