Canada’s Aphria reports loss, cuts revenue guidance for 2020
Aphria reported a net loss of 8 million Canadian dollars ($6.2 million) for the second quarter ending Nov.…
News January 14
Latest In: Canada/International
Canopy, Loblaw among 8 hopefuls to take over New Brunswick cannabis sales
An opportunity to exclusively operate New Brunswick’s recreational cannabis retail, wholesale and e-commerce platforms has drawn interest from…
News January 13
Think you may have to lay off cannabis employees? There are ways to avoid it
Marijuana businesses in the United States and Canada were forced to let go hundreds of cannabis employees in…
News January 11
British Columbia cannabis tax revenue set to soar, adding to pressure for local revenue-sharing deal
British Columbia’s monthly share of the federal tax on cannabis rebounded 62% to 781,000 Canadian dollars ($600,000) for…
News January 10
New medical cannabis sales opportunities in Peru face downward price pressure after winning company’s very low bid
The price offered by the winner of the first bidding process to supply medical cannabis in Peru came…
News January 9
Will Horgan deliver for cannabis sector in 2020? Experts offer policy ideas for British Columbia’s premier
British Columbia has thus far failed to transition much of the thriving noncompliant cannabis market into the regulated…
News January 8
Cannabis captures beer market share in first year of Canadian legalization
The volume of beer sold in Canada declined 3% in the first 11 months of 2019 compared to…
News January 7
Analyst warns of shelved expansion, restructuring as cannabis firms ‘teeter on edge’
The number of Canadian cannabis producers with fewer than six months of cash on hand has increased over…
News January 7
New Brunswick’s cannabis sales see slight improvement ahead of ‘system reset’
New Brunswick’s adult-use cannabis sales surpassed 26 million Canadian dollars ($20 million) for April 1-Dec. 1, 2019, according…
News January 6
Former Starbucks president takes Supreme Cannabis reins on interim basis
Supreme Cannabis Company has parted ways with another chief executive, with Navdeep Dhaliwal leaving the Toronto-based company effective…
News January 6
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