Latest In: International

australia cannabis cannabis M&A cbd Creso Pharma Sierra Sage Herbs
Image of M&A in the sky

Australian cannabis company to enter US through $21 million CBD acquisition

Creso Pharma said it is buying Colorado-based CBD maker Sierra Sage Herbs in an all-stock deal worth $21…

News February 4
Canadian Greenfield Technologies Hempalta NForce-Fiber
Image of NForce fiber

Winter Olympics feature Canadian hemp fibers in luge, bobsled tracks

Canadian Greenfield Technologies, an engineering and manufacturing company specializing in hemp products, sent more than 60,000 pounds of…

News February 4
activist investors Adam Arviv corporate governance HEXO HEXO Corp RedeCan
Image depicting stock exchange board

Investor seeks to oust most of cannabis company Hexo’s board

An activist shareholder of Canadian cannabis producer Hexo Corp. is pushing to replace the majority of the company's…

News February 3
cannabis mold cannabis powdery mildew Canopy Growth Mario Castillo
Image of a Canopy Growth facility

Canopy vows to ‘forge forward,’ says no mold issues in marijuana greenhouses

An executive at Canadian licensed producer Canopy Growth acknowledged that images circulating on social media depicting cannabis plants…

News February 3
CANADA ConnectFirst Credit Union Delta 9 Cannabis
Image of Canadian cash

Delta 9 Cannabis, citing profitability, secures CA$32 million in low-interest credit

Winnipeg, Manitoba-based Delta 9 Cannabis entered into a binding commitment letter with ConnectFirst Credit Union to secure 32…

News February 2
canada cannabis industry canada cannabis sales Canada cannabis tax cannabis GDP contribution Deloitte Deloitte Canada marijuana and environment
Image of Canadian cash

Legal marijuana has added CA$43.5B to Canada’s GDP, report says

Canada's regulated cannabis industry has contributed 43.5 billion Canadian dollars ($34.2 billion) to the country's gross domestic product…

News February 1
HEXO Corp NASDAQ Sundial Growers
Image of a Nasdaq sign

2 Canadian cannabis issuers put on notice by Nasdaq over low stock prices

At least two large Canadian cannabis companies have been notified by the Nasdaq that their shares do not…

News January 31
ATB Capital Markets CANADA Canadian cannabis sales
Image of Canna Cabana store

Canadian cannabis sales could top CA$4.8 billion in 2022, analyst forecasts

Canada’s recreational marijuana sales could reach 4.8 billion Canadian dollars ($3.8 billion) this year, which would be 19%…

News January 27
Australia Australia Therapeutic Goods Administration CANADA cannabis imports good manufacturing practice Tilray World Trade Organization
Image of the Sydney Opera House

Australia’s new cannabis import rules could leave non-GMP producers in the cold

Australia's Department of Health, preparing to overhaul its medical cannabis regulations, is poised to require that all products…

News January 27
cannabis mergers and acquisitions Icanic Brands Leef Organics
Image of dice spelling out M&A

Multistate operator to acquire California cannabis extraction firm for $120 million

Canada-based Icanic Brands, which offers its cannabis products in California and Nevada, entered into a definitive agreement to…

News January 26
MJBizCon Logo