Aurora appoints new CEO, signals revenue decline, massive write-downs
Aurora Cannabis has promoted Miguel Martin to CEO, while warning investors to expect declining quarterly revenue and write-downs…
News September 8
Latest In: Canada/International
Week in Review: US House sets marijuana legalization vote, new Massachusetts rules, MedMen woes & more
The MORE Act, which would deschedule cannabis and thereby legalize it federally in the U.S., is scheduled to…
News September 5
Quebec cannabis stores post quarterly profit as sales grow
Quebec’s monopoly cannabis retailer Société québécoise du cannabis (SQDC) has posted a net profit of 9.7 million Canadian…
News September 4
Canopy confirms layoffs at Niagara-on-the-Lake cannabis facility
Cannabis producer Canopy Growth has implemented more layoffs, this time at its operation in Niagara-on-the-Lake, Ontario, the company…
News September 3
Aurora Cannabis faces lawsuit over sublingual-strip licensing agreement
Aurora Cannabis is being taken to court by CTT Pharma, a Canadian developer of drug-delivery technologies that alleges…
News September 3
4% of Canadian cannabis licensees Indigenous-affiliated, with systemic barriers ‘baked into system’
Just over a dozen Indigenous-affiliated cannabis companies have wound their way through Health Canada’s marijuana licensing process in…
News September 3
Acquisition by cannabis tech platform Akerna spurs layoffs, leadership split
Denver-based Akerna, a marijuana compliance software company, parted ways with John Prentice, the founder of Canadian firm Ample…
News September 2
Trichome completes acquisition of James E. Wagner cannabis assets
Trichome Financial has wrapped up its acquisition of the assets of James E. Wagner Cultivation Corp. (JWC), the…
News September 1
Auxly Cannabis cash crunch prompts ‘going concern’ warning
Auxly Cannabis Group does not have enough cash on hand to fund operations through the coming year, prompting…
News September 1
Canada hasn’t imported any commercial medical cannabis, new data shows
Canada has imported a relatively small amount of cannabis since late 2018, and none for sale commercially, according…
News September 1
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