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
Latest In: Canada/International
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
Securities regulator accuses former Canadian Cannabis Corp officers of fraud
Former directors and officers of a Toronto-based cannabis company have been accused by Ontario's securities regulator of defrauding…
News September 17
CannTrust’s cannabis licenses suspended by Health Canada
Citing noncompliance with Canada's federal cannabis law and regulations, embattled producer CannTrust says it has received a Notice…
News September 17
Reports: Former cannabis heavyweight Tikun Olam to sell Israeli assets for $42 million
Tikun Olam, once one of the world’s leading medical cannabis companies, is selling its domestic assets for $42…
News September 17
Health Canada suspends British Columbia cannabis producer Evergreen’s licenses
Another cannabis company has been penalized by Health Canada for alleged regulatory violations.
News September 16
Aurora plots ‘significant’ US marijuana entry in ‘very short period’
Canada’s largest medical cannabis company by revenue and production is planning to make a “significant” splash in the…
News September 13
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