Large British Columbia city might allow legal cannabis stores in 2024
Surrey, the second-largest municipality in British Columbia by population, is surveying residents and entrepreneurs over a draft proposal…
News January 29
Latest In: CANADA
Tobacco giant’s CA$124M investment in marijuana firm Organigram approved
Shareholders of Organigram Holdings approved tobacco giant British American Tobacco's "transformational" investment in the Canadian cannabis producer, the…
News January 24
Canadian cannabis license approvals at multiyear low amid market turbulence
Canada’s ultra-competitive legal marijuana industry is drawing fewer new entrants than ever as existing businesses continue to exit.…
News January 23
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
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 8Featured
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