Some independent British Columbia cannabis retailers are speaking out after supply delays in the wake of recent devastating weather, saying the holdups demonstrate an urgent need for a more flexible supply chain from the province-owned BC Liquor Distribution Branch (LDB).
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Canadian marijuana company Tilray acquires Colorado distillery
December 8, 2021Canadian marijuana producer Tilray has taken another step into the U.S. alcohol industry by acquiring Colorado-based Breckenridge Distillery for an undisclosed sum, with plans to launch cannabis-infused whiskey.
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How Pure Sunfarms is navigating marijuana sector ‘reckoning’: Q&A with CEO Mandesh Dosanjh
December 8, 2021Pure Sunfarms knew the time would come when the British Columbia-based producer would need to expand cultivation at its massive cannabis greenhouse, even as some competitors were closing and selling facilities for pennies on the dollar.
In an interview with MJBizDaily, CEO Mandesh Dosanjh explained why that time is now.
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Mexico Supreme Court paves way for low-THC cannabis production
December 6, 2021Mexico’s Supreme Court threw out barriers to low-THC cannabis production, just as the nation is moving toward full marijuana legalization.
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Cannabis firm High Tide to raise up to CA$40 million via at-the-market offering
December 6, 2021Canadian cannabis retail, CBD e-commerce and accessory company High Tide announced plans to raise up to 40 million Canadian dollars ($31.3 million) over time by way of an at-the-market equity program.
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Emerald exiting Canada’s cannabis industry after losing over CA$200M
December 2, 2021Emerald Health Therapeutics plans to exit Canada’s recreational and medical cannabis sectors after racking up more than 200 million Canadian dollars ($156 million) in losses since its inception
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Constellation CEO Newlands exits board of cannabis producer Canopy
December 2, 2021Bill Newlands, CEO of Canopy Growth benefactor Constellation Brands, resigned from the board of directors of the struggling Canadian cannabis producer last week, according to a regulatory filing dated Nov. 29. Newlands notified Canopy of his resignation Nov. 24, effective immediately. The resignation of Newlands comes on the heels of a major shake-up among Canopy’s […]
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