Israel launches ‘anti-dumping’ probe into Canadian cannabis companies 

Israel has opened an “anti-dumping investigation” concerning the importation of medical marijuana from Canada after finding “a causal link” between the imports and “damage” to Israel’s local cannabis industry.

How many cannabis stores in Canada closed in ’23? Data paints rough picture

A record number of cannabis stores in Canada might have closed or changed hands in 2023, according to new data from regulators in the three largest Canadian marijuana markets.

Tobacco giant’s CA$124M investment in marijuana firm Organigram approved

Shareholders of Organigram Holdings approved tobacco giant British American Tobacco’s “transformational” investment in the Canadian cannabis producer, the company said after its annual general and special meeting.

Cannabis and the capital markets: Q&A with Canadian Securities Exchange CEO Richard Carleton

Canadian Securities Exchange CEO Richard Carleton discusses the CSE’s place in the capital markets, the tough landscape for publicly traded cannabis companies and the potential impact of U.S. rescheduling.

GrowerIQ buys marijuana tech firm Ample Organics from Akerna

Marijuana technology company GrowerIQ has completed its acquisition of Ample Organics, a Canadian tech platform business, in a deal the Toronto-based business says represents a major expansion in its Canadian and international footprint.

Cannabis operator Canopy raising $35 million in upsized private placement

Canadian cannabis company Canopy Growth Corp. on Thursday said it entered into subscription agreements with institutional investors to raise $35 million.

Experts share their expectations for marijuana industry in 2024

From the next market to legalize adult-use marijuana to New York’s social equity licensing and low-dose THC, MJBizDaily left no stone unturned during its first installment of the 2024 LinkedIn Live series.

Cannabis operator Canopy Growth terminates $30M private placement

A private placement of shares and warrants announced by Canopy Growth Corp. was terminated only three days after it was unveiled, the Canadian cannabis operator disclosed in a regulatory filing with the U.S. Securities and Exchange Commission.

Ontario’s new cannabis store ownership cap expected to boost M&A

A new regulatory change allowing one company to operate up to 150 recreational cannabis stores in Ontario – a twofold increase from the previous cap of 75 – is expected to benefit large retail chains and drive more consolidation in Canada’s most valuable adult-use market.

Cannabis operator Tilray trims loss to $46 million in quarter on record sales

Canadian cannabis producer Tilray Brands trimmed its loss to $46.2 million (61.6 million Canadian dollars) in the second quarter of its 2024 fiscal year on the back of record net sales.

Troubled cannabis company Canopy Growth raising $30 million

Hard-pressed Canadian cannabis company Canopy Growth Corp. is selling equity for cash, announcing a private placement of shares and warrants to raise $30 million.

Cannabis and accessories distributor Humble & Fume gets creditor protection

Humble & Fume, a Canadian cannabis and accessories distributor, received an initial creditor protection order and intends to go private.