Ontario eyes CA$600 million cannabis windfall, pledges online crackdown
Ontario’s provincial government is budgeting for a record windfall of more than 600 million Canadian dollars ($442 million)…
News March 27
Latest In: CANADA
Auxly auditor flags ‘going concern’ risk as cannabis firm reports smaller loss
Auxly Cannabis Group’s record 2023 sales helped substantially improve its net loss, but an auditor flagged a “significant…
News March 25
Organigram ‘assessing options’ after unfavorable ruling on cannabis edibles
Health Canada has concluded that Organigram Holdings' Edison Jolts lozenge cannabis products should be classified as edibles rather…
News March 25
Tax reforms, pharmacy sales among Canada’s cannabis law review recommendations
A government-appointed panel of experts analyzing Canada’s adult-use legalization law, the Cannabis Act, has recommended the country enable…
News March 25
Canadian cannabis sales drop 11.5% from December to January
Retail sales of legal adult-use cannabis in Canada tumbled by 11.5% from December to January, totaling 400.1 million…
News March 22
Curaleaf buying Canadian cannabis operator with eye on global markets
Curaleaf Holdings is continuing its international expansion by signing a deal to acquire Northern Green Canada, a licensed…
News March 19
Retailer High Tide acquires premium cannabis brand Queen of Bud for CA$1M
Canadian cannabis retailer High Tide has entered into a definitive agreement to acquire high-end brand Queen of Bud,…
News March 18
Retailer High Tide reports break-even net income, record cannabis sales
Canadian cannabis retailer High Tide reported break-even net income and positive free cash flow in its financial results…
News March 15
Canada’s finance minister warned about cannabis industry ‘financial distress’
Canadian Finance Minister Chrystia Freeland was warned last fall about systemic “financial distress” facing the country's cannabis producers,…
News March 15Featured
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