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Canopy reports growing cannabis loss, no longer expects profitable 2021

Canopy Growth Corp. says it no longer expects to be profitable this year, citing supply and market share challenges in its home country of Canada.

News November 5
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Tilray’s share of Canadian cannabis market plummets, but Auxly shines, data shows

Canadian cannabis producer Tilray has seen around one-third of its market share in Canada evaporate since it merged with Aphria in May, new data suggests, while rival Auxly Cannabis Group…

News November 5
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5 marijuana companies make Inc.’s top 250 best-led list

Five cannabis businesses were chosen to Inc. magazine's list of the top 250 best-led companies.

News November 4
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Colombian cannabis firm Flora to buy California vape brand for $30 million

Colombian cannabis firm Flora Growth reached a definitive agreement to acquire Carlsbad, California-based Vessel Brand for $30 million.

News November 4
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DEA comments hint that delta-8 THC might not be illegal

Cannabis operators making or selling delta-8 THC are pointing to two recent comments from U.S. Drug Enforcement Administration officials that suggest states lining up to ban the isomer might be…

News November 4
Image of water drops on a cannabis plant

Cannabis growers eye drought-resistant strains to cope with water shortage

With water scarcity an increasing problem, some marijuana and hemp cultivators are seeking solutions beyond automation or growing methods, including using drought-resistant plant strains that require less water and can…

News November 4
A graphic looking at a common cannabis pest, the two-spotted spider mite

Two-spotted spider mites: How to identify and treat them in your marijuana grow

Face it, cannabis is an attractive plant for many insects, mites and other arthropods that like to feed on it.

News November 4
Image of a cannabis leaf on top of $100 bills

Casa Verde invests $3.5M in Berlin-based cannabis firm Sanity Group

Venture capital firm Casa Verde Capital invested $3.5 million (3 million euros) in Berlin-based cannabis startup Sanity Group.

News November 3
Chart showing Hydrofarm underperforming Cannabis Index

How marijuana legalization could affect cost of debt

Hydrofarm Holdings Group (Nasdaq: HYFM) agreed to acquire Illinois-based Innovative Growers Equipment (IGE), a manufacturer of horticulture benches, racking and LED lighting systems, for a total consideration of $58 million.

News November 3
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