Neptune latest to retreat from Canadian cannabis industry
Neptune Wellness Solutions is the latest business to retreat from Canada’s increasingly competitive cannabis industry.
News June 9
Latest In: Canada/International
Climate change will affect where and how cannabis is grown
Cannabis growers are confronting the same issue that threatens to upend the wine industry and other agricultural-based businesses…
News June 9
Cannabis retailers increasingly discounting their products
U.S. and Canadian marijuana retailers are discounting their products more and more, forgoing billions of dollars in revenue…
News June 8
Aurora Cannabis buys back $20 million worth of convertible debt
Aurora Cannabis has bought back roughly $20 million worth of convertible senior notes to reduce debt and "annual…
News June 3
Alimentation Couche-Tard exec takes helm of cannabis retailer Fire & Flower
Canadian cannabis retailer Fire & Flower appointed Stéphane Trudel as chief executive officer, effective immediately, the company announced…
News June 2
Ontario Cannabis Store data breach raises credibility, security concerns
The credibility of the government-run Ontario Cannabis Store is at stake after sensitive industry data was misappropriated and…
News June 2
Lessons from Aurora Cannabis’ bought deal financing
Aurora Cannabis has arranged new financing via a “bought deal.” What is that, and is it important to…
News June 1
Aurora Cannabis closes bought deal financing, yielding $172.5 million
Canadian marijuana producer Aurora Cannabis said it received gross proceeds of $172.5 million from a bought deal offering…
News June 1
Canopy loses CA$578 million in quarter as cannabis revenue plunges
Canadian cannabis producer Canopy Growth lost another 578.6 million Canadian dollars ($454 million) in its fourth fiscal quarter…
News May 27
Aurora Cannabis announces bought deal financing, upsizes to $150 million
Aurora Cannabis entered a bought deal financing worth $125 million, then upsized that funding to $150 million.
News May 27
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