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
Latest In: Canada/International
Medical cannabinoid firm GW Pharma to be acquired by Jazz Pharmaceuticals for $7.2 billion
Global pharma company Jazz Pharmaceuticals has reached an agreement to buy U.K.-based GW Pharmaceuticals, one of the largest…
News February 3
Marijuana firm Planet 13 raises $53.9M in bought deal public offering
Nevada marijuana company Planet 13 Holdings raised 69 million Canadian dollars ($53.9 million) on Tuesday in a bought…
News February 2
What marijuana investors can learn from GameStop trading frenzy
Last week’s meteoric rise of GameStop’s shares made headlines, but what should be made of it? And what…
News February 2
TerrAscend Canada cannabis gummy recall affects 330,000-plus units
Cannabis producer TerrAscend Canada has recalled more than 330,000 units of THC-infused gummies in relation to possible mold…
News February 1
Marijuana firm Valens files prospectus to issue up to CA$150M in securities
The Valens Co. filed a base shelf prospectus with securities regulators in Canada that would enable the cannabis…
News January 28
Aurora Cannabis inks deal to supply Australia market
Canada’s Aurora Cannabis signed a five-year supply agreement with MedReleaf Australia, the Alberta-based company announced. The deal makes…
News January 28
France chooses companies to supply free medical cannabis for trial program
The French Agency for the Safety of Medicines and Health Products selected the companies that will supply France's…
News January 25
Analyst warns of closures, consolidation amid Canadian cannabis glut
The Canadian cannabis industry should brace for more facility closures, bankruptcies and consolidation amid a worsening oversupply situation,…
News January 25
Canadian marijuana retailer High Tide buys US online head shop for $8 million
Calgary, Alberta-based marijuana retailer High Tide is spending $8 million to acquire Smoke Cartel, a U.S. e-commerce website…
News January 25
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