Cannabis operator Canopy Growth terminates $30M private placement
A private placement of shares and warrants announced by Canopy Growth Corp. was terminated only three days after…
News January 16
Latest In: Canada/International
Canadian cannabis company Safari Flower accesses creditor protection
Canadian cannabis grower and processor Safari Flower Group is insolvent and has received an initial creditor protection order…
News January 16
Survey: 69% of Canadian cannabis consumers ‘always’ buy legal products
Canada’s federally regulated marijuana industry captured more illicit-market share than ever in 2023, the government’s annual Canadian Cannabis…
News January 16
Australian marijuana grower ECS reports record sales of AU$7.3 million in quarter
ECS Botanics Holdings, an Australian medical marijuana cultivator in Victoria, reported a significant jump in revenue to 7.3…
News January 16
Ontario’s new cannabis store ownership cap expected to boost M&A
A new regulatory change allowing one company to operate up to 150 recreational cannabis stores in Ontario -…
News January 16
Cannabis operator Tilray trims loss to $46 million in quarter on record sales
Canadian cannabis producer Tilray Brands trimmed its loss to $46.2 million (61.6 million Canadian dollars) in the second…
News January 9
Troubled cannabis company Canopy Growth raising $30 million
Hard-pressed Canadian cannabis company Canopy Growth Corp. is selling equity for cash, announcing a private placement of shares…
News January 9
Cannabis and accessories distributor Humble & Fume gets creditor protection
Humble & Fume, a Canadian cannabis and accessories distributor, received an initial creditor protection order and intends to…
News January 8
Canada destroyed 3.7 million pounds of unsold, unpackaged cannabis since 2018
Canadian operators destroyed millions of packages of unsold cannabis products and a record amount of unpackaged dried flower…
News January 8
Auxly Cannabis inks tentative deal with lenders on credit facility
Auxly Cannabis Group has signed a nonbinding term sheet to amend the credit facility between a syndicate of…
News January 3
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