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Cannabis retailer Fire & Flower ends year with CA$89 million loss

Toronto-based cannabis retailer Fire & Flower ended its 2022 fiscal year with a loss of 89.5 million Canadian dollars ($66 million), according to financial and operational results released Tuesday.

News March 28
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Canadian province allows marijuana producers to give samples to stores

Alberta’s cannabis regulator announced a regulatory change that will allow marijuana producers to provide sample products to stores and their representatives.

News March 28
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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.

News March 28
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Justice Department could help marijuana industry via Cole Memo 2.0 – or hurt reform

As federal marijuana reform inches forward in a Congress paralyzed by partisan gridlock, more immediate "progress" might have to come from the Biden administration.

News March 28
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Another Black-owned cannabis shop opens in Detroit

The second majority-Black-owned adult-use cannabis store in Detroit has opened in a week.

News March 27
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Delaware lawmakers expected to OK adult-use marijuana but …

The Delaware state Senate is expected to vote in favor of two adult-use marijuana legalization bills on Tuesday.

News March 27
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Aurora Cannabis warned by Nasdaq about low stock price

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…

News March 27
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Toys R Us alleges New York marijuana store is infringing on trademark

The owner of Toys R Us filed a complaint against a Brooklyn marijuana store alleging that the shop's logo infringes on and dilutes the national retailer's federally registered trademarks.

News March 27
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Canada consulting on possible amendments to Cannabis Regulations

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.

News March 27
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