Plunging cannabis prices add fuel to efforts to lower tax rate for Canadian producers
Calls are growing for the Canadian government to lower taxes for cannabis producers amid falling prices for marijuana…
News February 16
Latest In: Canada/International
German marijuana distributor Cansativa raises $15M from Casa Verde, others
German cannabis distribution company Cansativa Group raised $15 million in a Series B financing round led by U.S.…
News February 16
Jones Soda buys Canadian firm, raises $11M in step toward cannabis drinks
Craft soda maker Jones Soda acquired a Canadian shell company and raised $11 million in concurrent financing as…
News February 15
Cannabis producer Hexo pitches stock consolidation to save Nasdaq listing
Struggling Canadian cannabis producer Hexo Corp. is asking shareholders to greenlight a reverse stock split in order to…
News February 14
Eyeing ‘real’ markets, Aurora’s medical cannabis sales surge in quarter
Aurora Cannabis eked out a third consecutive quarter of revenue growth on the back of rising medical sales,…
News February 11
NFL’s changing perception of marijuana sharing center stage with Super Bowl
Marijuana has become part of the hype and hoopla running up to Sunday's Super Bowl. But it’s not…
News February 11
Nasdaq grants cannabis firm Sundial extension to regain compliance
Canadian cannabis producer Sundial Growers has been given a 180-day reprieve to regain compliance with the Nasdaq market’s…
News February 10
Cannabis producer Hexo cuts 180 jobs in bid to save cash
Struggling cannabis producer Hexo Corp. is cutting 180 jobs as part of its bid to reduce corporate spending…
News February 9
Red White & Bloom acquires Michigan marijuana operator PharmaCo
Canada-based multistate operator Red White & Bloom Brands (RWB) closed its acquisition of PharmaCo, a Michigan marijuana company.
News February 9
Canopy Growth loses CA$115 million in quarter on lower cannabis sales
Canopy Growth reported a net loss of 115 million Canadian dollars ($90 million) in its quarter ended Dec.…
News February 9
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