Opportunity: New Brunswick to pivot to private-sector cannabis retail model
New Brunswick's government is getting out of the cannabis retail business, presenting an opportunity for the private sector.
News November 14
Latest In: Canada/International
Canopy’s net revenue plunges as challenges pile up in Canadian cannabis sector
Canopy Growth’s net revenue plunged 15% compared to the previous quarter, a development the Ontario-based company attributed to…
News November 14
Cresco Labs, Origin House revamp cannabis merger as value falls more than 50% and close delayed
Cresco Labs, a Chicago-based multistate cannabis operator, and Origin House are overhauling the terms of their merger announced…
News November 13
Canadian, overseas medical cannabis sales drive Tilray’s revenue higher
British Columbia-based cannabis producer Tilray reported third-quarter revenue of $51.1 million (CA$67.8 million), a 408% jump from the…
News November 12
Canadian cannabis firms rapped over ‘deficient’ corporate governance disclosures
Canada’s securities watchdog is warning the nation’s cannabis businesses of “deficient” corporate governance disclosures and urging them to…
News November 12
Cronos to convert some cultivation space, reports revenue growth
Ontario-based Cronos Group reported quarterly revenue of 12.7 million Canadian dollars ($9.6 million), an improvement over the previous…
News November 12
Organigram blames Ontario’s slow retail build-out in lower revenue guidance
Citing Ontario’s slow cannabis retail build-out, Organigram Holdings issued revenue guidance for expected fourth-quarter net revenue of 16.3…
News November 12
Ontario business group wants ‘clear timeline’ for cannabis store expansion
A group comprised of cannabis industry leaders and experts is calling on Ontario’s government to provide a more…
News November 8
Marijuana company Vireo Health wagers on former Canopy co-CEO Linton to expand nationally
To help expand its national footprint, multistate marijuana company Vireo Health International has hired Bruce Linton, one of…
News November 7
Tight funding environment weighs on marijuana companies still seeking profit
Which came first? Poor paths to profitability for North American cannabis companies or limited funding for them to build their…
News November 7
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