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
Latest In: International
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
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
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
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
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’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
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
Cannabis company BC Craft Supply seeks creditor protection
Vancouver, British Columbia-based BC Craft Supply Co. filed for temporary protection from creditors under Canada's Bankruptcy and Insolvency…
News January 26
Ex-chair of cannabis producer WeedMD gave friend insider information, watchdog alleges
A former chair of Canadian cannabis producer WeedMD illegally tipped off a longtime acquaintance about an unannounced greenhouse…
News January 24
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