Cannabis retailer Fire & Flower granted creditor protection after ‘significant net losses’
Fire & Flower Holdings and its cannabis subsidiaries have received an initial order for creditor protection from a…
News June 6
Latest In: Canada/International
Canada’s unsold cannabis inventory balloons to 1.5 billion grams
Business failures and consolidation failed to stop Canada's stockpile of unsold cannabis from reaching a new high in…
News June 6
Cannabis operator Canopy to be booted off S&P/TSX Composite Index
Canadian-listed shares of cannabis operator Canopy Growth Corp. will be removed from the S&P/TSX Composite Index, a market…
News June 5
Marijuana MSO Acreage Holdings promotes chief operating officer to CEO
New York-based cannabis multistate operator Acreage Holdings announced Friday that Dennis Curran, the company’s chief operating officer since…
News June 2
Cronos pulls plug on US hemp and CBD operations
Toronto-based Cronos Group is pulling out of the U.S. hemp-derived CBD market "to improve its cash flow in…
News June 1
Manitoba repeals 6% retail levy on legal marijuana sales
Manitoba has repealed a requirement for legal cannabis retailers to pay a 6% “social responsibility fee” based on…
News May 31
Decibel Cannabis reports small first-quarter loss, positive adjusted EBITDA
Decibel Cannabis booked a net loss of 569,000 Canadian dollars ($418,000) in the first fiscal quarter of 2023,…
News May 31
Price tag revealed for sale of Shoppers Drug Mart cannabis assets
Canadian cannabinoid product company Avicanna has revealed how much it is paying to buy a medical cannabis business…
News May 30
Marijuana producer Canopy buying 20% of Indiva
Canadian cannabis producer Canopy Growth has reached a deal to acquire a 19.99% stake in edibles maker Indiva,…
News May 30
Cannabis retailer Fire & Flower reviewing strategic options
Canadian marijuana retail chain Fire & Flower Holdings says it is "reviewing strategic options including financing options," as…
News May 30
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