Moosehead, the largest fully Canadian-owned brewery, is partnering with Sproutly Canada to make nonalcoholic, cannabis-infused beverages - marking the latest major brewery to make a splash in the marijuana sector. Moosehead and Sproutly entered into a definitive...
Hobbled by the bungled rollout of physical stores and inconsistent inventory at the monopoly online retailer, sales of legal adult-use cannabis in Ontario hit a fresh low in the month of February. Receipts at the Ontario Cannabis Store declined to just 7.5 million...
Marijuana Business Daily caught up with Rikke Jakobsen, CEO of Cannabis Denmark, a nongovernmental organization, to discuss the medical marijuana industry in Denmark and its global ambitions.
Companies hoping to bypass or shorten the “60-day rule” requirement to notify Canadian regulators of new cannabis products will be out of luck, according to the country's regulatory body. That's going to give businesses more time to build up inventory and establish...
A small Canadian hemp cultivator is warning investors to be on the lookout for a “speculative” promotional email it says could be the cause of higher-than-average trading volume. The company - Toronto-based Two Hands Corp. - said it was unaware of the campaign...
Aurora Cannabis is vowing to not be a spectator as rival Canopy Growth continues to plow hundreds of millions of dollars into high-growth U.S. CBD and medical marijuana markets. Aurora CCO Cam Battley told Jefferies analyst Owen Bennett that the Alberta company is...
Five companies in Denmark have applied for licenses to sell and export medical cannabis so far, putting the country on track to see its first cross-border shipment to key European Union markets as early as late summer. Authorization to sell...
Analysts anticipate that white-label cannabis products - those manufactured by one company for branding and marketing by another - will play a key role in Canada’s cannabis extracts market, as companies look for ways to capitalize on the crucial segment without...
Canadian cannabis firm Aphria plans to raise capital via convertible senior notes in a private placement offering to fund international expansion initiatives and future acquisitions. Aphria priced $300 million of convertible senior notes due in 2024 for qualified...
Bank of America Merrill Lynch deepened its interest in the cannabis industry by initiating coverage of the burgeoning sector, less than a year after it financed Constellation's multibillion-dollar investment in Canada's Canopy Growth. The report, by analyst Chris...
Canadian companies hoping to capitalize on the launch of new cannabis product categories later this year are building up inventories of marijuana oil - the key ingredient for those products - according to the latest data from Health Canada. Finished inventory of...
Vancouver-based Ascent Industries said it is cooperating with an investigation by the British Columbia anti-gang police unit into "certain activities at Ascent," but the agency denies such a probe exists "at this time.” A spokesperson for the Combined Forces Special...
