Ontario's private-sector cannabis stores have at least a 14-day window to continue serving customers through curbside pickups and home delivery. That's thanks to an emergency order issued late Tuesday by the provincial government permitting retailers to offer such...
Shuttered private-sector cannabis retailers in Ontario can get back to business via curbside pickup and home delivery, the provincial government announced. An emergency order signed late Tuesday could be a temporary lifeline for Ontario's retail marijuana stores,...
New Brunswick-based cannabis cultivator Organigram Holdings has temporarily laid off roughly 400 employees as a result of the COVID-19 pandemic, the company announced late Monday.
Aurora Cannabis subsidiary MedReleaf Corp. is recalling two lots of cannabis sold in Quebec under the San Rafael '71 brand for incorrect labeling. The two recalled 3.5-gram lots of Island Sweet Skunk cannabis were sold March 26-27 by Quebec's...
The Business Development Bank of Canada (BDC) has made the country’s cannabis industry eligible for COVID-19 emergency funding, an about-face that might provide financial relief to some established Canadian marijuana businesses with access to financial institutions.
Private-sector cannabis stores in Ontario, Canada’s largest market, have been ordered to close their doors by late Saturday in response to the COVID-19 pandemic, leaving the outlets with nowhere to turn as the government maintains a legal monopoly over online sales.
The vast majority of Canada’s provincial governments are allowing recreational cannabis stores to stay open during the coronavirus outbreak, in effect designating these businesses as “essential.”
Canadian cannabis firms of all sizes could be eligible for a three-month emergency wage subsidy program during the COVID-19 pandemic, welcome news for businesses that may be struggling financially. The Canada Emergency Wage Subsidy program could help the Canadian...
Financially distressed cannabis cultivator James E. Wagner Cultivation Corp. (JWC) said Wednesday it will undergo a "consensual restructuring" and seek creditor protection in a deal with cannabis industry lender Trichome Financial Corp. Under the deal, Trichome will...
The New York Stock Exchange’s regulatory enforcement arm has initiated the delisting process for CannTrust after concluding the Canadian cannabis producer “is no longer suitable for listing.”
Canadian cannabis firm Cronos Group reported a gross loss of nearly $20.4 million for the fourth quarter ending Dec. 31, 2019, widening from a restated gross loss of $14.8 million (CA$21 million) in the previous quarter. The Toronto-based company has begun reporting...
Alberta's licensed cannabis stores and producers can remain open during the COVID-19 pandemic, the Canadian province's government said. The regulated businesses were included on the province's list of "essential services," along with alcohol producers and stores....
