Latest In: CANADA

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‘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
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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
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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
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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
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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
CANADA

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
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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 17
CANADA

Price gap grows in Canada between legal, illicit cannabis

The difference between the average price of regulated and illegal cannabis across Canada widened in the quarter ending…

News October 9
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Photo by Stefan Widua on Unsplash

German cannabis firm Demecan secures 7 million euros in financing

German medical cannabis company Demecan has secured 7 million euros ($7.6 million) in financing to expand production in Europe's largest medical…

News October 7
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