Cannabis retailer High Tide’s quarterly sales nearly double to CA$95.4M
Cannabis retailer High Tide reported third-quarter revenue of 95.4 million Canadian dollars ($71.8 million), nearly double the company’s take for the same period last year.
International Marijuana Business News – Use to place on INTL homepage
Cannabis retailer High Tide reported third-quarter revenue of 95.4 million Canadian dollars ($71.8 million), nearly double the company’s take for the same period last year.
Crippling service disruptions at two of Canada’s biggest government-run cannabis wholesalers in August do not appear to have meaningfully impacted the broader market, interim data for the month suggests.
The Canadian government is delaying the launch of the mandatory review of the country’s 2018 recreational cannabis law because of the death of Queen Elizabeth II, sources told MJBizDaily.
Germany imported a record amount of cannabis for medical sales and scientific use in the first half of this year, putting the European Union’s biggest market on pace to match or possibly surpass 2021’s total.
German government officials are questioning the veracity of some key facts in a recent news release by cannabis producer Tilray Brands, telling MJBizDaily their meeting with Tilray representatives was “a one-time conversation” and “not part of the preparatory phase” of marijuana legalization.
Norway’s sovereign wealth fund is excluding several Canadian companies because they produce recreational marijuana, which remains illegal in the Nordic country.
The United Kingdom instructed the governor of Bermuda to reject the island nation’s pending cannabis law on the basis that it breaches international obligations set out in United Nations drug-control treaties.