Canada’s canceled licenses, ‘uncollectible’ cannabis taxes soar
The number of canceled cannabis business licenses has soared alongside the amount of “uncollectable” excise tax in Canada.
News April 8
Latest In: Canada/International
Canadian producer Heritage Cannabis granted creditor protection
Heritage Cannabis is the latest Canadian marijuana producer to obtain an order for creditor protection as a wave…
News April 3
Canadian marijuana operator Indiva weighs options, including potential sale
Canada's leading producer of cannabis edibles, Indiva Limited, has hired a financial adviser to help the company evaluate…
News April 2
Canopy Growth alum McCarthy takes helm of Cannabis Council of Canada
Cannabis industry veteran Paul McCarthy was appointed president of the Cannabis Council of Canada, the country’s largest industry-supported…
News April 2
CEO of Aussie cannabis firm Cann Group resigns amid ‘new strategic direction’
Cann Group Limited CEO Peter Koetsier is resigning from the Melbourne cannabis company for "family reasons,"
News April 2
Imperial Brands converts CA$123 million in debt to Auxly Cannabis shares
Imperial Brands has converted more than 123.4 million Canadian dollars ($90.6 million) in total debt to shares of…
News April 1
Germany’s new law legalizing limited adult-use cannabis market now in force
Germany’s cannabis law took effect Monday, making it the second Group of Seven country to legalize and regulate…
News April 1
Growing Colombia cannabis exports reach $10.8 million as government extends sell-by dates
Colombia’s medical cannabis exports continued to grow last year, although sales still haven't reached the level that the…
News April 1
Cannabis producer Rubicon reports quarterly profit of nearly CA$900,000
Rubicon Organics reported a modest profit of 889,166 Canadian dollars ($656,000) in its fourth quarter ended Dec. 31,…
News March 28
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
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