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Latest In: Canada/International

aurora cannabis BMO Capital Markets bought deal Canaccord Genuity cannabis financing cannabis fundraising financing
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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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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
CANADA Item 9 Labs Corp. Sessions Cannabis Unity Rd. Wild Card Cannabis
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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
CANADA Canada Revenue Agency Canadian cannabis taxes Canadian taxes cannabis taxes Companies Creditors Arrangement Act
A chart and map showing where Canadian cannabis excise debt has soared

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
Canadian Union of Public Employees cannabis strike Quebec Société Québécoise du Cannabis
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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
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A map showing cannabis store counts and how there maybe too few.

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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Samuel Adams brewer, Entourage Health to launch THC teas in Canada by July

Boston Beer Co. plans to launch nonalcoholic THC-infused teas in Canada by July and is tapping marijuana producer…

News May 23
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Canadian cannabis producer Canopy Growth shuts ESG unit in latest layoffs

Canopy Growth Corp. dissolved the Social Impact and Advocacy team, which led the company's environmental, social and governance…

News May 20
cannabis M&A Canopy Growth Corp. Jetty Extracts
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Canopy inks option deal to buy CA cannabis extractor for at least $69M

Smiths Falls, Ontario’s Canopy Growth Corp. entered a deal giving it the right to buy California-based Jetty Extracts…

News May 18
Anandia Laboratories Aurora Cannabis earnings Aurora Sky Aurora Sun CEO Miguel Martin Thrive Cannabis
Image of Aurora Cannabis' Sun facility

Aurora Cannabis sets more closures, selling Sun greenhouse at fraction of cost

In a bid to slash costs and become profitable, Aurora Cannabis is closing its flagship Aurora Sky facility…

News May 18
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