Canopy cannabis woes drives huge loss at alcohol giant Constellation
Constellation Brands, a New York-state based alcohol giant, on Thursday reported a net loss of $525.2 million in…
News October 3
Latest In: Canada/International
Vaping health scare takes toll on cannabis vape firms’ stock prices, but many see longer term opportunity beyond crisis
State-legal cannabis vape products and the companies selling or distributing them may not be the principal cause of…
News October 3
Canadian cannabis firms burn through cash amid ‘unmitigated retail disaster’
Cannabis producers in Canada with fewer than six months of cash on hand may have to rethink planned…
News September 27
Cresco Labs to sell marijuana facilities to REIT for $46.3M under leaseback deal
Chicago-based Cresco Labs will sell two cultivation and processing facilities in Illinois to Innovative Industrial Properties, a real…
News September 27
A new way to commercialize cannabis in Canada: Q&A with Mark Spear of Wildfire Collective
Wildfire Collective is spearheading Canada’s first exclusively outdoor, multisite craft cannabis operation focusing on high terpene, full spectrum extracts.…
News September 27
Auxly Cannabis closes CA$123 million investment from tobacco giant Imperial Brands
Auxly Cannabis finalized an investment from Imperial Brands worth 123 million Canadian dollars ($92 million), one of the…
News September 26
Canada ‘falling woefully short’ of displacing illicit cannabis market, researcher says
Canada’s regulated cannabis sales accounted for only 14% of total demand by volume in June, according to a…
News September 25
Auxly Cannabis Group partner Sunens closes CA$84M credit facilities with Bank of Montreal
Sunens Farms, a federal cannabis applicant in Leamington, Ontario, closed a nonconvertible debt deal underwritten by the Bank…
News September 25
Proposed overhaul of Australia’s medical cannabis framework ‘far too slow,’ industry officials say
Executives welcomed recommendations to improve the framework governing Australia’s medical cannabis scheme as a potential breakthrough, but some…
News September 23
200 cannabis stores approved by Calgary, more than BC, Ontario & Quebec combined
The number of city-approved cannabis stores in Calgary surpassed 200 this week, while the province has licensed 63…
News September 20
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