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
Latest In: Canada/International
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
Canadian cannabis sales rebound strongly in March to record CA$358.8M
Canadian sales of regulated recreational cannabis hit an all-time high of almost 358.8 million Canadian dollars ($279.6 million)…
News May 26
Arizona’s Item 9 Labs strikes $12.8M deal for Canada’s Sessions Cannabis
Item 9 Labs Corp., an Arizona-based company that invests in marijuana-related businesses, signed an agreement to acquire Wild…
News May 25
Canadian cannabis producers’ overdue excise taxes more than triple to CA$52M
Unpaid federal excise duty is piling up in Canada’s cannabis industry, with excise debt more than tripling to…
News May 25
Hundreds of cannabis store workers in Quebec go on strike
Upwards of 300 employees at approximately two dozen cannabis stores in Quebec went on strike over the weekend…
News May 24
Has Canada reached cannabis retail saturation? Not yet, data firm says
Canada's cannabis industry has been sounding the alarm about oversaturation of retail stores, with the CEO of Sundial…
News May 24
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