Weekly Deal Watch: Brand development, scale drive cannabis dollars
Cannabis firms have raised more than $13.7 billion in 2018 as U.S.-based operators work to grow their domestic…
News December 19
Latest In: Canada/International
Canadian medical cannabis firm Tilray eyes global reach in deal with Novartis subsidiary
British Columbia-based Tilray reached an agreement with a subsidiary of Swiss pharmaceutical giant Novartis AG in which the…
News December 18
New Zealand sets ‘binding’ cannabis legalization referendum
A week after approving medical marijuana, New Zealand’s government announced that a binding referendum on ending cannabis prohibition…
News December 18
‘Severe supply shortage’ forces Ontario to start with only 25 cannabis retailers; licensed producers barred
Canada’s largest marijuana market is set to adopt a phased approach to cannabis retail due to “severe supply…
News December 14
Week in Review: NV cannabis licensing gripes, Connecticut permits more MMJ dispensaries & Q3 earnings roundup
Nevada issues 61 additional provisional recreational marijuana retail permits, Connecticut doubles the number of medical cannabis dispensary licenses…
News December 14
Howard Dean, Lloyd Axworthy join marijuana firm’s International Advisory Board
Amid growing scrutiny of cross-border deals in the marijuana industry, Nanaimo, British Columbia-based Tilray has formed an International…
News December 13
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
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
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