Multistate marijuana operator Trulieve’s blockbuster $2.1 billion deal to acquire another cannabis MSO, Harvest Health & Recreation, is a step closer to reality after Harvest received a final court order approving the arrangement from the Supreme Court of British Columbia.
California-based marijuana delivery platform Eaze struck a deal to acquire multistate cannabis retailer Green Dragon.
Canadian cannabis cultivator Bonify Holdings Corp. is shutting down, 2½ years after its sales license was suspended because the company sold illegally sourced marijuana into the regulated market. Another Canadian company, CannTrust, is currently restructuring after...
Canadian greenhouse produce grower Village Farms International acquired privately held CBD company Balanced Health Botanicals (BHB) in a deal worth $75 million.
Publicly traded Canadian cannabis retail chain High Tide has been on an acquisition tear in the United States. The Calgary, Alberta-based company has spent $42.49 million buying U.S. cannabis e-commerce assets this year, including online head shop and CBD retailer...
Ottawa, Ontario-based marijuana producer Hexo Corp., planning to part ways with the New York Stock Exchange, applied to transfer its U.S. share listing to the Nasdaq. "Transferring our U.S. listing to Nasdaq allows us to generate shareholder value through greater cost...
Canadian cannabis regulator Health Canada is reminding licensed producers that their THC and CBD potency labels must reflect laboratory testing results for each individual lot of marijuana.
The oldest and largest trade show in the marijuana industry, MJBizCon, is partnering with B2B cannabis show Hall of Flowers to create a new networking and buying experience at the 2021 event in Las Vegas.
Retail cannabis pricing isn’t a “set-it-and-forget-it” exercise.
“A pricing strategy must be agile because nobody has a crystal ball,” said Leandra Reid, co-founder of Toronto-based cannabis retail consultancy Vetrina Group. “We can’t know what the customer is willing to pay for a product until we put the product in and do some trials.”
Canadian marijuana producer Canopy Growth Corp. reported net revenue of 136.2 million Canadian dollars ($108.4 million) for the first quarter of its 2022 fiscal year, an 8.2% decline from the CA$148.4 million reported in the fourth quarter of 2021.
Marijuana industry special purpose acquisition company (SPAC) Greenrose Acquisition Corp. said it has reached agreements for up to $103 million in funding from SunStream Bancorp.
Canadian marijuana producer Organigram Holdings hired Beena Goldenberg as its new chief executive officer, effective Sept. 9. The move makes Organigram the only major publicly traded Canadian cannabis company with a female CEO. Goldenberg...
