Major Canadian cannabis producer Aphria on Wednesday reported strong quarterly EBITDA growth, despite coronavirus-related impairment charges from its international operations that contributed to a net loss. The Leamington, Ontario-based company reported adjusted...
Questions are being raised about the feasibility of marijuana microbusiness licenses in Michigan in the wake of changes to a draft regulatory definition that ultimately reduced production of flowering plants.
An emergency order allowing Ontario's private-sector cannabis stores to offer home delivery and curbside pickup will end at 11:59 p.m. ET Thursday, the Ministry of the Attorney General confirmed. The clarification followed a confusing Thursday...
Private-sector cannabis retailers in Ontario, Canada, are preparing to shut down their temporary curbside pickup and delivery services on Thursday.
Canadian cannabis producer Organigram Holdings reported a continued slide in net revenue for the third quarter of 2020, down by 22% from the second quarter to $18 million Canadian dollars ($13.4 million). Organigram previously warned investors about the revenue...
Retail sales of regulated cannabis ascended to a new high in Canada in May, growing nearly 4.2% from April. But a quarter of all sales occurred in only one province, Alberta - the result of retail-store imbalances across the country. National...
The Ontario government lengthened an emergency order allowing licensed cannabis stores to offer curbside pickup and delivery, giving marijuana retailers an extra week during the ongoing COVID-19 pandemic. The emergency order had been scheduled to end on July 22....
Security verifications for workers in regulated cannabis stores in British Columbia will now be valid for five years, instead of two. "Security screening and rescreening requirements were implemented as a measure to keep organized crime out of the legal, nonmedical...
Canopy Growth’s emerging cannabis drinks are part of a strategy to attract new cannabis consumers with next-generation products, in this case by offering a substitute for alcoholic beverages.
Michigan’s 7-month-old recreational marijuana market is growing quickly, with sales up from nearly $7 million in the first month of sales last December to more than $39 million in May.
Farm cash receipts in British Columbia hit a record high in 2019, boosted by an increase of nearly 300 million Canadian dollars ($221 million) in cannabis sales. The annual growth in cannabis cash receipts in British Columbia far outpaced growth in other agricultural...
Multistate cannabis grower and retailer iAnthus Capital Holdings announced a restructuring support deal with a recapitalization component, giving the company an opportunity to reduce its outstanding debt.
