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Ontario to double pace of new cannabis store approvals
Ontario's cannabis store regulator will double the number of stores it licenses per month, signaling faster growth on the horizon for Canada's largest adult-use marijuana market.
News September 1
US-focused cannabis ETF set to launch on New York Stock Exchange
A Maryland-based investment management company said it is launching on Sept. 2 the first U.S.-listed exchange-traded fund (ETF) that will focus solely on American cannabis companies, including multistate operators.
News September 1
California lawmakers approve two marijuana bills, kill hemp regulations
On the final day they could approve bills this year, California lawmakers gave the go-ahead to a pair of marijuana measures but shelved a potentially major piece of hemp legislation.
News September 1
Trichome completes acquisition of James E. Wagner cannabis assets
Trichome Financial has wrapped up its acquisition of the assets of James E. Wagner Cultivation Corp. (JWC), the cannabis industry lender said this week.
News September 1
Auxly Cannabis cash crunch prompts ‘going concern’ warning
Auxly Cannabis Group does not have enough cash on hand to fund operations through the coming year, prompting the Toronto-headquartered company to warn investors of “significant doubt” over its ability…
News September 1
Canada hasn’t imported any commercial medical cannabis, new data shows
Canada has imported a relatively small amount of cannabis since late 2018, and none for sale commercially, according to data provided to Marijuana Business Daily by the country’s federal health…
News September 1
Two years after adult-use cannabis legalization Canadian market boasts rising sales
Canada’s legalization story has been an overarching success, despite major mistakes made by some of the biggest producers.
News September 1
18 trends shaping Canada’s recreational marijuana market
Canada’s adult-use cannabis market has expanded rapidly since the legalization of marijuana in October 2018. Monthly retail sales figures in May signaled an annual market worth around $1.6 billion (CA$2.2…
News September 1
Cannabis opportunities growing in these five international markets
These five countries, which span from Europe to Latin America and Oceania, are worth keeping tabs on for their potential business opportunities down the road.
News September 1
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