Canadian cannabis companies, trends, and data
California cannabis operators cheered when Gov. Gavin Newsom pledged to overhaul the state’s tax structure to shore up the troubled industry.
While the proposal is short on details, reducing state tax burdens could be an immediate boost to a company’s bottom line.
Analysts are skeptical about plans outlined by Canadian marijuana producer Hexo Corp. to slash manufacturing and production costs and sell some noncore assets as the Quebec company looks to turn itself around after years of losses.
Canadian marijuana producer Cronos Group promoted John Griese, former chief operating officer of The Supreme Cannabis Co., as senior vice president, head of North American operations.
IMC Holdings, the Israeli subsidiary of IM Cannabis Corp., hired Rinat Efrima as its new chief executive officer, the company announced.
The second-biggest adult-use cannabis market in Canada, the province of Quebec, is now requiring proof of vaccination for the COVID-19 virus for entry into any of its regulated marijuana stores.
Organigram is among a handful of large Canadian cannabis producers that managed to take more overall share of Canada’s cannabis market in 2021 via nondilutive organic sales growth.
How did the Moncton, New Brunswick-based licensed producer do it?
Wouldn’t it be great if words that we’re tired of could just stop being part of our reality?
We’ve lived in “unprecedented” and “uncertain” times for nearly two years, thanks to the COVID-19 pandemic. It’s disrupted our daily lives and our business operations.
