The regulatory body for therapeutic goods in Australia plans to expand the number of quality inspections involving imported medical cannabis in the coming months. Over 90% of prescriptions and approvals are being supplied by imported products, industry group Medicinal...
Canadian cannabis producer Tilray on Thursday announced a share offering to raise $90.4 million, which the Nanaimo, British Columbia, company says will be used for general corporate purposes.
Zenabis Global laid off almost a quarter of its workforce and plans to sell one of its cultivation and processing facilities in an effort to become cash flow positive this year, the Vancouver, British Columbia-based company said this week. Zenabis cut its head office...
Mississauga, Ontario-based marijuana company Green Organic Dutchman’s net loss ballooned to 145 million Canadian dollars ($105 million) for the final three months of 2019 on impairment charges of CA$127.7 million. That is up substantially from the previous quarter’s...
One of the first orders of business for new Cannabis Council of Canada head George Smitherman was a meeting with federal Health Minister Patty Hajdu to discuss issues facing the burgeoning industry. Packaging restrictions, the export approval process, excise stamps...
Two Canadian cannabis companies received EU-Good Manufacturing Practice certification, an essential step to exporting medical marijuana to markets in the European Union.
48North Cannabis announced the sudden departure of Chief Executive Officer Alison Gordon, who led the Toronto-based producer for almost three years. Gordon was among a small number of women at the helm of a Canadian marijuana company. One year ago, a Marijuana...
Roughly 4.4 million Canadian dollars ($3.3 million) worth of cannabis edibles and vape products were sold via wholesale and online channels in Ontario in January, the first month the products were available in the nation's largest consumer market. The figures indicate...
Canadian companies are preparing to roll out cannabis-infused beverages to tap a market estimated to reach half-a-billion dollars.
British Columbia-based The Valens Co. announced the launch of a line of cannabis-infused beverages in Ontario this week, produced under a white label agreement with Iconic Brewing subsidiary A1 Cannabis Co.
Toronto-based 48North Cannabis shipped its cannabinoid-based topical to the Ontario Cannabis Store this week, tapping a market that could potentially reach 175 million Canadian dollars ($130 million). The company said the topical brand, Apothecanna, is the first to...
The government-owned Ontario Cannabis Store released its first annual report covering the period marijuana was legalized in Canada, roughly 17 months ago, for a fiscal year that started almost two years ago.
Another Canadian cannabis producer is slashing jobs and closing greenhouses in the wake of a years-long expansion drive that resulted in an oversupplied market and underutilized facilities. Canopy Growth, one of the world’s biggest cannabis producers, on Wednesday...
