Cannabis firm TerrAscend posts loss; net sales to grow to CA$192M for 2020
U.S. and Canadian cannabis operator TerrAscend Corp. has posted a net loss of more than 13.6 million Canadian…
News August 20
Latest In: Canada/International
Cansativa chosen as sole distributor of German-grown cannabis
Mörfelden-Walldorf-based Cansativa won the German distribution tender, becoming the sole distributor of all cannabis that will be grown…
News August 20
Canada accused of cannabis ‘protectionism’ by blocking imports – even as exports soar
The Canadian government is being accused of insulating domestic cannabis producers against foreign competition by not allowing imports…
News August 19
US marijuana companies outperform Canada’s to erase discount in second-quarter earnings season
The stocks of U.S.-focused operators have rallied while Canada-focused operators have underperformed in the second-quarter earnings season, closing…
News August 19
Inventory growth of Canadian cannabis edibles/beverages far outpaces sales
Packaged inventory of cannabis edibles in Canada has increased much faster than sales in recent months, according to…
News August 18
Canada asks cannabis users to buy legal edibles after kids eat illicit ones
Canada’s federal health authority is advising consumers to buy cannabis exclusively from authorized retailers after reports of children…
News August 14
Canada’s medical cannabis market plateauing since recreational legalization – at least for now
The number of active medical marijuana registrations in Canada appears to have leveled off about a year after…
News August 14
Vape pens outdistance other ‘Cannabis 2.0’ products in Canada, data shows
Marijuana oil vape pens have taken a commanding lead as the most popular “Cannabis 2.0” product in three…
News August 12
Tilray revenue hit by lower recreational, medical cannabis sales
Nanaimo, British Columbia-based Tilray halved its net loss to $81.7 million for the second quarter ended June 30,…
News August 11
Canopy Growth CEO’s partial-year compensation tops CA$45 million
Canopy Growth’s chief executive earned 1,042 times more than the median compensation for the cannabis producer’s other employees…
News August 11
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