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
Latest In: Canada/International
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
Village Farms sends first cannabis shipment to growing UK market
Village Farms International has sent its first shipment of two cannabis brands to the growing United Kingdom market.
News January 3
Canadian marijuana retailer Trees Corp. enters creditor protection
Insolvent Canadian recreational marijuana retailer Trees Corp. has entered creditor protection, becoming the latest debt-laden cannabis company to…
News January 3
Marijuana fintech company POSaBit to move to TSXV, raises funds to pay debt
Marijuana payment technology company POSaBit Systems Corp. has applied to list its shares on the TSX Venture Exchange,…
News January 2
Fourth cannabis store opens in Indigenous community in Alberta
High Tide has opened the doors for its Canna Cabana cannabis store on the Tsuut'ina Nation in the…
News January 2
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