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Canada says cannabis wholesalers must garnish payments over unpaid taxes

Canada’s tax collection agency is following through on a threat to garnish cash from licensed cannabis producers that…

News February 27
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Canadian government hiking cannabis regulatory fees in April

The Canadian government is increasing eight regulatory fees levied on the regulated cannabis industry beginning April 1.

News February 26
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Marijuana lender AFC Gamma splitting into two companies

Marijuana-sector real estate lender AFC Gamma is splitting off its non-cannabis commercial real estate business into a separate…

News February 23
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Canadian recreational cannabis sales surpass CA$5 billion in 2023

Canadian recreational cannabis sales were worth 5.07 billion Canadian dollars ($3.8 billion) in 2023, an increase of 12.2%…

News February 22
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Aurora Cannabis appoints new chief financial officer, consolidates shares

Aurora Cannabis appointed Simona King, a veteran executive of multinational pharmaceutical company Bristol Myers Squibb, as chief financial…

News February 20
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Silver Spike to acquire Chicago Atlantic loan portfolio, expand beyond marijuana

New York-based Silver Spike Investment Corp. will acquire Chicago Atlantic Loan Portfolio in exchange for newly issued shares…

News February 20
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Quebec cannabis store SQDC posts CA$33 million third-quarter net income

Quebec's government-owned cannabis retail monopoly reported net income of $33 million Canadian dollars ($24.5 million) for its third…

News February 15
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Blüm to acquire 3 California cannabis stores for $9.7 million

California marijuana company Blüm Holdings plans to acquire three Sacramento cannabis retail stores from Operators Only Corp.

News February 14
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Organigram eyes US opportunities, laments ‘THC inflation’ in quarterly loss

Canadian cannabis producer Organigram Holdings is eyeing international investment opportunities with its new war chest of capital, and…

News February 14
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MedMen lays off almost two dozen at Las Vegas cannabis store

MedMen Enterprises has laid off most of its staff at its top-performing cannabis store in Nevada, former employees…

News February 13
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