Canada Marijuana News

Stay Informed

Weekly Canada Marijuana News Delivered Right to Your Inbox!

We respect your privacy.

Tilray, Authentic Brands Group enter revenue-sharing deal for cannabis products

Tilray, the British Columbia-based cannabis heavyweight, signed a revenue-sharing agreement with Authentic Brands Group (ABG) to market and distribute consumer cannabis products within the New York-based firm’s brand portfolio. Under the terms of the agreement, Tilray will pay $100 million to ABG and up to $250 million in cash and stock upon achieving unspecified milestones. […]

Read More

Aurora targets high-margin cannabis market with CA$175M Whistler acquisition

Alberta’s Aurora Cannabis has agreed to acquire privately held British Columbia-based Whistler Medical Marijuana Corp. – one of Canada’s first licensed producers – for 175 million Canadian dollars ($131 million) in an all-share transaction. The acquisition will add Whistler’s recognized cannabis brand to Aurora’s portfolio. It also provides Aurora a proven export channel. Whistler already […]

Read More

Legal cannabis could skim $55 billion per year from alcohol, tobacco firms

Global alcohol and tobacco companies could face losses of $55 billion a year if a fully legal cannabis industry develops in North America, a new report predicts, a key driver for why those sectors are taking early steps into the blooming marijuana market. “For these two industries in particular, a move into the cannabis business is […]

Read More

In Canada, a macro wait for micro licenses in cannabis

Small-scale cannabis growers in Canada are facing such burdensome licensing regulations that fewer than 30 such applications have been made to Health Canada since legalization in October. One of the main problems regarding such licensing comes from restrictions imposed by municipalities, industry experts say. “Few municipalities have the zoning required to accommodate a micro-cultivation permit,” […]

Read More

CEO of Canadian cannabis giant Aphria out amid short attack, hostile takeover bid

The chief executive officer of one of the biggest cannabis companies in North America plans to depart as the company continues to fend off a short attack and separate hostile takeover. Aphria CEO Vic Neufeld and co-founder Cole Cacciavillani will transition out of their executive roles over the coming months, the company announced Friday. “Succession […]

Read More