British Columbia-based Emerald Health Therapeutics has requested that Health Canada not continue with a cannabis processing license for one of its subsidiaries as part of a strategy to decrease unnecessary regulatory risk. Federal cannabis licenses were highly valued...
Aurora Cannabis, one of Canada’s most prominent cannabis companies, has lost two of its most important executives at a crucial time for the Alberta-based company.
Canadian license holder Pure Global Cannabis has become the latest marijuana firm to shed part of its workforce to conserve cash amid the challenging capital market conditions facing the industry. “This is about cost containment,” CEO Mel Panchal told Marijuana...
Cannabis vapes will not be among the mix of new edible, extract and topical products available in Alberta’s retail stores in the coming weeks, the provincial regulator said.
Canada’s federal health department and tax collection authority are teaming up to offer an information session for micro-class cannabis entrepreneurs in Vancouver, British Columbia. Health Canada and the Canada Revenue Agency (CRA) are hosting...
Jeannette VanderMarel announced her departure as CEO of Canadian cannabis producer Beleave after fewer than two months on the job. VanderMarel disclosed her resignation on social media, saying she “happily resigned as CEO of Beleave Kannabis" and that she was “moving...
New Zealand completed the regulatory foundation for its medical cannabis sector this week, making a key concession by not requiring specialist approval for prescriptions.
British Columbia updated a notice clarifying how its planned increased sales tax on vaporizer products will apply to cannabis devices.
Federally licensed cannabis producer Hexo recorded net revenue of 14.5 million Canadian dollars ($11 million) in its most recent quarter, down slightly from the previous quarter’s CA$15.4 million. The Gatineau, Quebec-based company’s net loss widened to CA$62.4...
The two most important cannabis markets in Canada experienced the worst sales of adult-use products per capita in the first year of legalization, reflecting struggles of officials in those provinces to get a handle on the policy tools at their disposal to regulate the...
Ontario will begin accepting cannabis store applications in January, with authorizations starting at about 20 per month beginning in April, the province’s Ministry of the Attorney General announced Thursday. The province did not say how the 20 stores will be allocated...
The cannabis stock meltdown that erased $49 billion in enterprise value this year should begin to shift in 2020 as the industry leaders separate themselves, one of Canada’s largest investment banks forecasts.
