Latest In: Canada/International

British Columbia

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
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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
British Columbia

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
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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
Mackie Research

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
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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
Ministry of the Attorney General OCS Ontario Ontario Cannabis Store
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Ontario’s cannabis processors, micros not barred from farm-gate retail

Ontario’s provincial cannabis law does not prohibit federally licensed processors and micro-class businesses from opening farm-gate stores, the…

News January 6
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Israel’s Canndoc signs deal with Tilray to import medical cannabis

Israel-based Canndoc has entered into an agreement to import 2.5 tons of medical cannabis into Israel to address…

News January 2
merger and acquisitions
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HeavenlyRx expands footprint by acquiring American CBD maker

HeavenlyRx, a CBD maker based in Toronto, on Tuesday announced the acquisition of a privately held CBD manufacturer…

News December 31
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