Marijuana firm Cresco Labs posts $3.9 million net income in third quarter
Chicago-based Cresco Labs posted $3.9 million in net income in its fiscal third quarter, reversing its year-ago loss of…
News December 11
Latest In: Canada/International
Female-focused marijuana company first to offer clones in Canada
Ontario-based Natural MedCo has become the first company in Canada to offer marijuana clones for sale to legal…
News December 11
Infused cannabis product maker Dixie Brands posts $2.4 million loss in third quarter
Denver-based Dixie Brands reported a net loss of $2.4 million in its fiscal third quarter, even though revenues…
News December 10
Cannabis shortages plague Canadian retailers; here’s how they’re responding
As the Canadian cannabis industry struggles to provide enough supply to meet exuberant demand since recreational use became…
News December 10
Canopy Growth boosts M&A transparency in wake of Aphria fiasco
Cash-rich Canopy Growth bought global vaporizer leader Storz & Bickel for 220 million Canadian dollars ($160 million) in…
News December 7
Acreage inks $160 million acquisition of Oregon cannabis firm
Acreage Holdings has inked a $160 million deal to acquire Form Factory, a Portland, Oregon-based marijuana infused edibles…
News December 7
Marlboro maker, Cronos join forces in exclusive CA$2.4 billion deal to tap global cannabis opportunities
Altria Group, one of the largest tobacco companies in North America, has agreed to invest 2.4 billion Canadian…
News December 7
Key UN summit could lead to international rescheduling of cannabis
A crucial milestone for the global industry could be achieved this week, as the World Health Organization (WHO)…
News December 6
Regulator warns Canadian marijuana firms against ‘problematic practices’
Canada’s stock market regulator warned publicly traded companies in emerging industries such as cannabis and fintech against “problematic…
News December 6
IGC Resources, Westleaf Cannabis close CA$20M raise, including Tilray investment
Alberta marijuana companies IGC Resources (TSXV: IGC.H) and Westleaf Cannabis closed a brokered private placement of 20 million…
News December 6
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