New Zealand cannabis company Cannasouth reviewing financial health
New Zealand medical cannabis company Cannasouth Limited has entered voluntary administration, a process that allows for an administrator…
News March 28
Latest In: Canada/International
Ontario eyes CA$600 million cannabis windfall, pledges online crackdown
Ontario’s provincial government is budgeting for a record windfall of more than 600 million Canadian dollars ($442 million)…
News March 27
Republican senators oppose marijuana rescheduling based on global treaties
Moving marijuana to Schedule 3 of the Controlled Substances Act, as Biden administration health officials have recommended, violates…
News March 27
Canadian cannabis producer Organigram enters US, plans CA$25 million raise
Organigram Holdings has dipped into its strategic investment pool to pick up a minority stake in Roxboro, North…
News March 27
Auxly auditor flags ‘going concern’ risk as cannabis firm reports smaller loss
Auxly Cannabis Group’s record 2023 sales helped substantially improve its net loss, but an auditor flagged a “significant…
News March 25
Organigram ‘assessing options’ after unfavorable ruling on cannabis edibles
Health Canada has concluded that Organigram Holdings' Edison Jolts lozenge cannabis products should be classified as edibles rather…
News March 25
Decibel selling Prairie Records marijuana stores to Fika; CEO to retire
Canadian operator Decibel Cannabis Co. is selling its Prairie Records marijuana retail stores to retail operator Fika for…
News March 25
Tax reforms, pharmacy sales among Canada’s cannabis law review recommendations
A government-appointed panel of experts analyzing Canada’s adult-use legalization law, the Cannabis Act, has recommended the country enable…
News March 25
Germany recreational cannabis legalization bill clears last hurdle
Germany’s landmark recreational cannabis law will go into effect on April 1 after clearing the final regulatory hurdle…
News March 22
Canadian cannabis sales drop 11.5% from December to January
Retail sales of legal adult-use cannabis in Canada tumbled by 11.5% from December to January, totaling 400.1 million…
News March 22
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