Canadian cannabis companies, trends, and data
Flower One Holdings, the former Canadian parent company of Nevada cannabis company Flower One, closed a restructuring deal and implemented a plan of arrangement under the Companies’ Creditors Arrangement Act.
Health Canada is cracking down on alleged abuse of medical cannabis access via the personal and designated production program.
Here are the top 10 marijuana industry trends to watch for in 2023, as determined by MJBizDaily staffers.
In the spirit of “a picture is worth 1,000 words,” here are charts and maps that visualize a few of the cannabis industry trends that MJBizDaily saw in 2022.
An unusual number of cannabis companies have used a Canadian corporate insolvency law called the Companies’ Creditors Arrangement Act (CCAA) in 2022, a trend that demonstrates both the marijuana industry’s financial challenges and one possible solution to keep businesses from slipping completely underwater.
MediPharm Labs is acquiring Vivo Cannabis in an all-stock deal, marking the latest consolidation move in the Canadian marijuana industry.
Canadian company SNDL is reducing its direct exposure to marijuana retail in a multifaceted deal involving Nova Cannabis.
