Tight funding environment weighs on marijuana companies still seeking profit
Which came first? Poor paths to profitability for North American cannabis companies or limited funding for them to build their…
News November 7
Latest In: CANADA
Ontario offers no new details on cannabis retail expansion, will allow ‘click-and-collect’ sales
Ontario’s government is still not releasing key details on when it will significantly expand the number of adult-use…
News November 6
‘No longer a shortage,’ Canadian cannabis industry group declares
The shortage of cannabis that plagued businesses in the early months of legalization is over, according to an…
News November 1
Hexo slashes workforce by 200 amid lower marijuana revenue expectations
Troubled Canadian cannabis company Hexo, which this week postponed the release of financial results amid lower revenue expectations,…
News October 24
British Columbia’s adult-use cannabis program hits stride as sales double
Sales of recreational marijuana across Canada rose 19% in August to 127 million Canadian dollars ($97 million) from…
News October 22
Mexico’s draft cannabis legalization law would limit foreign investment, ban vertical integration
Mexican lawmakers are moving closer to adopting groundbreaking legislation to establish a federally regulated cannabis industry, a move…
News October 21
CEO of DionyMed cannabis company leaves amid possible default
Toronto-based DionyMed, a multistate marijuana brands operator, is under pressure after key executives stepped down amid a possible…
News October 18
Red tape, regulations hamper Canadian cannabis businesses in first year of recreational sales
A heavy regulatory burden at all levels of government put a damper on legal cannabis sales in the…
News October 18
Cannabis businesses invest CA$700 million in Atlantic Canada, report estimates
Investments by nearly two dozen federally licensed cannabis producers in New Brunswick, Nova Scotia, Prince Edward Island and…
News October 17Featured
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