Latest In: CANADA

CANADA
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Cannabis consumption grew in 2020, Statistics Canada data suggests

Recent reported cannabis use was much higher in the final quarter of 2020 than two comparable periods in…

News April 21
CANADA HEXO
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Cannabis producer Hexo eyes US entry with CA$1.2 billion shelf prospectus

Canadian cannabis producer Hexo Corp. filed a preliminary short form base shelf prospectus that could enable it to…

News April 16
CANADA
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‘Cannabis 2.0’ products dent Canada’s dried-flower market

Dried flower’s overall share of the regulated adult-use cannabis market in Canada waned throughout 2020 as competition from…

News March 24
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Canopy Growth, others formed JV ‘solely’ to pump marijuana stock, refiled CA$500 million lawsuit alleges

A high-stakes lawsuit that Canopy Growth and other Ontario, Canada, cannabis companies had hoped would disappear along with…

News March 9
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Canadian cannabis

Canada extends wage subsidy popular with cannabis producers

Canada’s government is extending a pandemic-related wage-subsidy program that has been tapped by more than a dozen federally…

News March 3
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Canadian pension fund unloads some cannabis shares, adds Aphria

A large Canadian pension manager unloaded some marijuana investments over the past couple of years while raising its…

News February 24
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Canada tallies CA$2.6B in cannabis sales for 2020, up 120% over 2019

Canadian sales of legal recreational cannabis totaled 2.6 billion Canadian dollars ($2.08 billion) in 2020, as December sales…

News February 19
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Health Canada declines to fine cannabis companies for violations, opting for other penalties

Canada’s top cannabis regulator chose not to fine CannTrust and Bonify Medical Cannabis despite significant violations of the…

News February 8
CANADA

Legal recreational cannabis sales in Canada outstrip illicit spending for first time

Sales of regulated adult-use cannabis in Canada overtook illegal transactions for the first time in the third quarter…

News February 4
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