Opportunity: New Brunswick to pivot to private-sector cannabis retail model
New Brunswick's government is getting out of the cannabis retail business, presenting an opportunity for the private sector.
News November 14
Latest In: CANADA
Canopy’s net revenue plunges as challenges pile up in Canadian cannabis sector
Canopy Growth’s net revenue plunged 15% compared to the previous quarter, a development the Ontario-based company attributed to…
News November 14
Cresco Labs, Origin House revamp cannabis merger as value falls more than 50% and close delayed
Cresco Labs, a Chicago-based multistate cannabis operator, and Origin House are overhauling the terms of their merger announced…
News November 13
Ontario business group wants ‘clear timeline’ for cannabis store expansion
A group comprised of cannabis industry leaders and experts is calling on Ontario’s government to provide a more…
News November 8
Marijuana company Vireo Health wagers on former Canopy co-CEO Linton to expand nationally
To help expand its national footprint, multistate marijuana company Vireo Health International has hired Bruce Linton, one of…
News November 7
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
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,…
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