Canadian cannabis companies, trends, and data
Cannabis technology company GrowerIQ received a grant worth 1.08 million Canadian dollars ($790,000) to enhance its cannabis tracking system and broaden its reach as a global player in the industry.
Executives of Toronto-based marijuana multistate operator Slang Worldwide allegedly hid their financial challenges when negotiating to acquire a Vermont-based retail chain, according to a lawsuit.
Much of the medical cannabis produced under Denmark’s regulatory regime has never made it to market and was intentionally destroyed for various reasons, according to government data.
Canadian cannabis producer BZAM has slashed another 90 employees as part of its merger with The Green Organic Dutchman Holdings (TGOD), which closed earlier this year.
Nearly five years after legalizing recreational marijuana at the federal level, Canada is approaching 4,000 regulated cannabis stores spread unevenly across the enormous country, according to data compiled by MJBizDaily.
Canadian cannabis producer Canopy Growth Corp. entered into subscription agreements with institutional investors in a private placement offering for gross proceeds of approximately $25 million (33.8 million Canadian dollars).
Aeroponic cannabis cultivation, combined with careful environmental controls, can accelerate crop growth.
