A record number of cannabis stores in Canada might have closed or changed hands in 2023, according to new data from regulators in the three largest Canadian marijuana markets.
Los Angeles-based marijuana multistate operator MedMen Enterprises has experienced another shakeup in its executive suite, with CEO Ellen Deutsch Harrison stepping down on Jan. 19.
Shareholders of Organigram Holdings approved tobacco giant British American Tobacco’s “transformational” investment in the Canadian cannabis producer, the company said after its annual general and special meeting.
Germany’s health minister believes marijuana legalization will become a reality in the country this spring.
Marijuana technology company GrowerIQ has completed its acquisition of Ample Organics, a Canadian tech platform business, in a deal the Toronto-based business says represents a major expansion in its Canadian and international footprint.
Canadian cannabis company Canopy Growth Corp. on Thursday said it entered into subscription agreements with institutional investors to raise $35 million.
Local industry watchers say it could be years before domestic cannabis cultivation in Ukraine is up and running after Parliament gave the green light to a draft law that will lay the legal foundation for a medical marijuana industry.
The number of prospectuses filed in Ontario by cannabis companies in connection with public offerings of securities declined dramatically in 2023 compared to previous years, according to new data from the Ontario Securities Commission.
Seven companies in Panama were granted licenses to manufacture medical cannabis products after a lengthy evaluation by the country’s National Directorate of Pharmacy and Drugs.
A private placement of shares and warrants announced by Canopy Growth Corp. was terminated only three days after it was unveiled, the Canadian cannabis operator disclosed in a regulatory filing with the U.S. Securities and Exchange Commission.
Canada’s federally regulated marijuana industry captured more illicit-market share than ever in 2023, the government’s annual Canadian Cannabis Survey suggests.
