Licensed recreational cannabis stores in Prince Edward Island will reopen on May 22 "with limited access," the government-operated marijuana retailer announced. All four PEI Cannabis stores on the island were closed on short notice in March in response to the COVID-19...
Ohio-based marijuana retailer Green Growth Brands said Wednesday it has filed for insolvency protection in Canada. The financially troubled multistate operator - with operations in Florida, Massachusetts and Nevada - trades on the U.S. over-the-counter markets...
The government of Nunavut will soon accept applications for cannabis stores, bringing bricks-and-mortar recreational marijuana storefronts to the only Canadian jurisdiction that still doesn't have any. License applications will be accepted starting June 1 through the...
Trichome Financial Corp. has been declared successful in its stalking horse bid for Ontario-based James E. Wagner Cultivation Corp. (JWC), the latter company announced Tuesday.
A captive audience in search of digital distraction, combined with boosted cannabis demand during the COVID-19 pandemic, means Canada's marijuana businesses have an opportunity to fine-tune their online marketing and branding strategies, marketing experts say. Even...
Health Canada approvals for outdoor cannabis cultivation have increased by more than 25% in the past few months, and growers are bullish for now despite the COVID-19 pandemic that's encroaching into planting season. Canadian outdoor cannabis producers contacted by...
Organigram Holdings Corp. saw net revenue decline on a quarterly basis in the second quarter of its fiscal year, from 25.2 million Canadian dollars ($18.1 million) in the first quarter of 2020 to CA$23.2 million in the quarter ended Feb. 29. [include_post...
The assets of Kitchener, Ontario-based cannabis cultivator James E. Wagner Cultivation Corp. (JWC) are up for sale for at least 11.95 million Canadian dollars ($8.61 million), the company said Monday.
Ontario-based cannabis grower Hexo on Monday announced the closing of an underwritten public offering worth 46 million Canadian dollars ($33 million). The offering sold 59,800,000 units for CA$0.77 each. Each unit included one common Hexo share and one common share...
Canadian cannabis retailer Fire & Flower Holdings aims to raise up to 25 million Canadian dollars ($18 million) via two private placements, the company said Monday. The announcement comes as the number of private-sector recreational cannabis stores continues to...
Canada's Aurora Cannabis is undertaking a reverse share split by merging its common shares on a 12-to-one basis, effective May 11, in a bid to remain listed on the New York Stock Exchange. Aurora was warned by the NYSE in April that its shares, which have fallen below...
Ontario’s cannabis regulator has received nearly 900 Retail Operator License (ROL) applications for marijuana stores since it opened up the process to all comers on Jan. 6.
