Cannabis prospectuses in Ontario fell dramatically in 2023, data shows
The number of prospectuses filed in Ontario by cannabis companies in connection with public offerings of securities declined…
News January 17
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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…
News January 16
Survey: 69% of Canadian cannabis consumers ‘always’ buy legal products
Canada’s federally regulated marijuana industry captured more illicit-market share than ever in 2023, the government’s annual Canadian Cannabis…
News January 16
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 -…
News January 16
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…
News January 9
Canada destroyed 3.7 million pounds of unsold, unpackaged cannabis since 2018
Canadian operators destroyed millions of packages of unsold cannabis products and a record amount of unpackaged dried flower…
News January 8
Canadian recreational cannabis sales rise in October to CA$448.6 million
Canadian sales of recreational cannabis rose to 448.6 million Canadian dollars in October ($336 million), marking a small…
News December 21
Cannabis producer Organigram reports CA$248 million loss, massive excise bill
Canadian cannabis producer Organigram reported a loss of 248.6 million Canadian dollars ($185 million) in the 2023 fiscal year,…
News December 19
Canadian province plans cannabis testing program to tackle THC inflation
Government-owned marijuana wholesaler Ontario Cannabis Store is planning to undertake a temporary testing program to address THC inflation,…
News December 7Featured
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