Canadian cannabis firm Valens GroWorks reports profitable third quarter
British Columbia-based Valens GroWorks reported third-quarter net income of 5.9 million Canadian dollars ($4.4 million) on revenue of…
News October 16
Latest In: Canada/International
Canada Goose director Jodi Butts nominated for cannabis producer Aphria’s board
Jodi Butts, an independent board director for Canada Goose clothing company, has been nominated to join one of…
News October 15
Ontario marijuana company Aphria reports another profitable quarter
Canadian cannabis producer Aphria said it earned 16.4 million Canadian dollars ($12.1 million) in net income in its…
News October 15
Aphria’s latest results highlight positive outlook for marijuana industry
Recent skepticism of the cannabis sector may be overblown, especially for companies that are fully funded - as highlighted by Aphria’s…
News October 15
CannTrust to destroy CA$77 million in cannabis plants, inventory
Embattled CannTrust Holdings on Monday disclosed it plans to destroy 77 million Canadian dollars ($58.2 million) worth of…
News October 14
Deal Watch: Cannabis M&A deals slow in September
The breakneck pace of completed mergers and acquisitions in the marijuana industry may be coming to an end.
News October 11
Cannabis company Hexo’s stock craters on bad news
Days after Hexo's CFO resigned, the marijuana company announced a huge miss to fiscal fourth-quarter revenue and withdrew…
News October 11
‘It’s confounding’: Former Nova Scotia premier wants Ottawa to fix cannabis banking problems
Former Nova Scotia Premier Darrell Dexter is calling on the federal government to address banking issues stymieing legal marijuana…
News October 11
Week in Review: Cannabis merger goes up in smoke, regulators target MJ vaping, Maine inches toward adult-use sales & more
MedMen and PharmaCann scrap their planned merger, state and federal officials act against marijuana vaping, Maine moves toward…
News October 11
Cannabis companies scale back plans as access to capital tightens
Several companies recently announced challenges with financing their expansion plans. The trend doesn't bode well for many cannabis…
News October 10
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