The most profitable cannabis businesses in Canada are owned by government

The most profitable cannabis businesses in Canada are owned by various levels of government, according to MJBizDaily research.

Marijuana firm Bright Green sets deal on $10 million private placement funding

Bright Green Corp., which hopes to win federal approval to cultivate marijuana on behalf of researchers, said it struck an agreement with investors to raise $10 million through a private placement of the company’s stock.

Canadian marijuana stocks dumped by world’s largest sovereign fund

Norway’s sovereign wealth fund is excluding several Canadian companies because they produce recreational marijuana, which remains illegal in the Nordic country.

Marijuana-focused ETF to include US multistate operators

ETFMG Alternative Harvest ETF – an exchange traded fund specializing mainly in Canadian cannabis companies and ancillary marijuana businesses – will begin to include U.S.-based marijuana multistate operators.

Righting a Canadian cannabis company: Q&A with Hexo CEO Charlie Bowman

Charlie Bowman, CEO of Canadian cannabis company Hexo Corp., discusses how he plans to get the Quebec-based company back on solid ground.

‘Croptober’ pushes Canada’s cannabis inventories to record 1.4 billion grams

Canadian cannabis cultivators produced a record amount of marijuana during last fall’s “croptober” – when most of the outdoor harvest comes in – despite falling retail prices and already-bulging inventories.

‘Status quo not a tenable option’: EU ministers discuss cannabis policy hurdles

Key European government ministers have concluded more work must be done to craft a sustainable framework for regulating recreational cannabis across the region – arguing the current situation is untenable after an unusual meeting of top officials earlier this month.