TerrAscend borrows $120M to make payments on marijuana acquisition
U.S. and Canadian marijuana operator TerrAscend borrowed $120 million from a syndicate of lenders to help finance earnout…
News December 21
Latest In: Canada/International
Red White & Bloom borrows $60 million to buy Illinois marijuana grow facility
Toronto-based marijuana multistate operator Red White & Bloom Brands secured a $60 million loan, then signed a definitive…
News December 18
Cannabis MSO Acreage appoints former top Pfizer executive as CEO
Multistate marijuana company Acreage Holdings Inc. has appointed Peter Caldini as chief executive officer.
News December 18
Canadian cannabis sales pick up pace to CA$270 million in October
Canadian adult-use marijuana sales reached 270 million Canadian dollars ($211.7 million) in October as the pace of monthly…
News December 18
Ontario cannabis wholesaler hails ‘largest jump’ in legal market capture
Residents of Canada’s biggest province by market size are buying more and more cannabis from the legal market,…
News December 17
Aurora Cannabis strikes deal to sell cultivation facilities, document suggests
Canadian producer Aurora Cannabis has an agreement in principle to sell at least two cultivation facilities in Canada…
News December 17
Aphria and Tilray to merge, creating CA$5 billion global cannabis giant
Canadian cannabis companies Aphria and Tilray on Wednesday announced plans to merge, a transaction that would create a…
News December 16
Aurora lays off 200, idles most of flagship Sky marijuana facility
Aurora Cannabis has cut over 200 positions as it reduces production at its flagship marijuana greenhouse in Edmonton,…
News December 15
Cannabis retailer Fire & Flower reports net loss on growing revenue
Fire & Flower Holdings Corp., a major Canadian marijuana retail chain, reported 33.1 million Canadian dollars ($26 million)…
News December 15
Bermuda plans adult-use, medical cannabis industry
Bermuda is taking its first steps to formally lay the legal groundwork for a regulated adult-use and medical…
News December 14
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