Major Canadian pharmacy Shoppers Drug Mart exits medical cannabis
Major Canadian pharmacy chain Shoppers Drug Mart is offloading its 4-year-old medical cannabis distribution business to another company, marking its exit from the marijuana industry.
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Major Canadian pharmacy chain Shoppers Drug Mart is offloading its 4-year-old medical cannabis distribution business to another company, marking its exit from the marijuana industry.
Aurora Cannabis has been notified by the Nasdaq that it does not meet the stock exchange’s listing standards after its stock price fell below the $1 minimum bid price requirement for 30 days in a row.
Canada’s federal government is launching a consultation that could lead to amendments to the country’s Cannabis Regulations, which govern the production of legal marijuana.
Monthly retail sales of legal adult-use marijuana in Canada declined by 7.1% from December 2022 to January 2023, to 395.5 million Canadian dollars ($287 million).
Switzerland’s government is one step closer to its yearslong effort to launch a trial program involving the sale and consumption of recreational cannabis.
Canada-based Adastra Holdings faces a proposed class action lawsuit from a shareholder who alleges the cannabis company made “misleading statements about (its) ability to legally sell cocaine.”
Potency testing on store-bought cannabis flower by a Canadian laboratory has found THC levels significantly lower than the labeled value, sparking an industrywide conversation about how to address inaccurate THC claims.