Canopy Growth Corp. laid off another 30 employees as part of its corporate restructuring, the company confirmed to Marijuana Business Daily. The job losses at Canopy's Smiths Falls, Ontario, headquarters were first reported by local news website...
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Canada’s Northwest Territories cuts cannabis prices to fight illegal market
Cannabis regulators in Canada's Northwest Territories (NWT) reduced prices of legal marijuana products by 10% in an effort to eliminate illicit marijuana sales. The price cuts, which took effect July 2, apply to all cannabis products sold by the Northwest Territories...
New Brunswick retailer Cannabis NB posts second profitable quarter
New Brunswick's government-owned marijuana retailer, Cannabis NB, posted its second consecutive profitable quarter, reporting a gain of 1.4 million Canadian dollars ($1 million) for the period ended June 28. Cannabis NB is the only legal...
Ontario set to end cannabis delivery, curbside pickup despite ongoing pandemic
A temporary emergency order allowing Ontario's private-sector cannabis retailers to engage in curbside pickup and delivery will be allowed to expire, the provincial government said Tuesday - even though the COVID-19 pandemic is far from over. "As our province...
Organigram becomes latest cannabis producer to slash jobs, production target
Canadian marijuana producer Organigram cut its workforce by about 25% and said production levels will be below capacity “for the foreseeable future.”
Health Canada: ‘Any celebrity affiliation with cannabis has potential to be noncompliant’
Any celebrity affiliation with a cannabis product, including promotions and marketing, has the potential to be noncompliant with federal law, according to Canada’s cannabis regulator. The warning comes as some major Canadian cannabis producers continue offering brands...
Alberta’s online cannabis store pauses chocolate sales due to melting concerns
Alberta's government-operated online cannabis retailer is pausing internet sales of cannabis-infused chocolates for more than two months, citing the effects of summer heat on chocolate shipments to consumers. "To avoid our online customers receiving melted products,...
‘Cannabis visionary’ Booth stepping down from board, Aurora says
Aurora Cannabis co-founder Terry Booth has left the company's board of directors, months after stepping down as chief executive. Aurora made the announcement Monday in a brief news release that described Booth's departure from the board as a...
Aleafia, Aphria settle dispute over supply deal for CA$29.1 million
Canadian cannabis producers Aleafia Health and Aphria have settled a dispute over a supply deal gone wrong. In 2018, Emblem Cannabis signed a deal in which Aphria would provide 175,000 kilograms (38,580 pounds) of cannabis over five years, beginning in May 2019....
Cannabis companies Canopy, Acreage ink major changes in acquisition deal, with price tag slashed
Canadian cannabis producer Canopy Growth reached an agreement to significantly amend its conditional deal to acquire cash-strapped, U.S. multistate operator Acreage Holdings.
Canada’s discount cannabis segment heats up with competing value brands
High prices were a regular consumer complaint when Canada legalized recreational cannabis in October 2018.
Louisiana medical marijuana market expected to grow after program changes, but headwinds remain
Louisiana’s medical marijuana market is poised to grow in the wake of new legislation that allows more physicians to authorize the drug for added medical conditions.
