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
Latest In: CANADA
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 15
Canadian, British cannabis companies Aqualitas and Cannaray to merge
Medical cannabis companies from Canada and Britain are joining forces to create a global, vertically integrated business to…
News March 12
Avant Brands trims loss to CA$1.5 million on record marijuana sales, exports
British Columbia producer Avant Brands reported record net revenue of 26.3 million Canadian dollars ($19.4 million) from the…
News March 4
Cannabis producer Cronos narrows 2023 loss to $74.5 million
Canadian cannabis producer Cronos Group cut its loss in half in 2023, reporting a deficit of $74.5 million…
News March 4
Canada’s unpaid cannabis taxes soar 72% to almost CA$300 million
A growing number of Canadian cannabis producers continue to rack up tax debt, which could lead to "a…
News March 4
Cannabis firm BZAM granted creditor protection with massive unpaid tax bills
Canadian cannabis firm BZAM, which merged with The Green Organic Dutchman in 2022, has been granted creditor protection…
News March 1
Canadian federal cannabis tax revenue outpaces beer, wine
Canada’s federal government collected more excise tax revenue from cannabis than it did from beer and wine for…
News February 28
Canada says cannabis wholesalers must garnish payments over unpaid taxes
Canada’s tax collection agency is following through on a threat to garnish cash from licensed cannabis producers that…
News February 27Featured
1
Latest Sponsored
