Cannabis companies Canopy, Acreage ink major changes in acquisition deal, with price tag slashed
Canadian cannabis producer Canopy Growth reached an agreement to significantly amend its conditional deal to acquire cash-strapped, U.S.…
News June 25
Latest In: Canada/International
Canada’s discount cannabis segment heats up with competing value brands
High prices were a regular consumer complaint when Canada legalized recreational cannabis in October 2018.
News June 24
Cannabis firm iAnthus receives demand for debt repayment
Multistate cannabis operator iAnthus Capital Holdings received a demand for repayment on a secured debenture issuance as well…
News June 23
Aurora Cannabis to close five facilities, lay off 700 staff as part of restructuring
Aurora Cannabis is shutting down five smaller production facilities and cutting roughly 700 employees as part of a…
News June 23
Ontario cannabis market surpasses 100 retail store authorizations
Canada’s largest market for adult-use cannabis products saw its 100th retail store authorization this month, Alcohol and Gaming…
News June 23
Australia reviewing ‘unlawful’ medical cannabis advertising
The regulatory body for therapeutic goods in Australia is reviewing complaints involving the noncompliant advertising of medical cannabis…
News June 23
Canadian cannabis sales remain strong in April despite COVID-19 pandemic
Retail cannabis sales in Canada declined only slightly despite the COVID-19 pandemic, falling 0.6% from March’s record high…
News June 19
Insurance-covered reimbursements for medical cannabis sets record in Germany
Insurance reimbursements for medical cannabis in Germany continue to reach fresh quarterly records, according to new data for…
News June 19
New Australian law looks to boost cannabis exports after COVID-19 threat passes
Australia has amended pertinent laws in an effort to put its medical marijuana and hemp exporters in a…
News June 18
Hexo completes sale of cannabis greenhouse acquired from Newstrike
Hexo Corp. completed the sale of the Niagara, Ontario-based cultivation facility it acquired as part of a 263…
News June 18
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