Hexo CEO St. Louis departs cannabis firm amid sudden strategic reorganization
Ottawa, Ontario-headquartered Hexo Corp.'s longtime CEO, Sébastien St. Louis, is leaving the cannabis producer he helped create almost…
News October 18
Latest In: International
Canada’s Canopy agrees to pay $297 million for right to buy US marijuana edibles maker Wana
Canopy Growth has struck a deal to buy leading U.S. edibles maker Wana Brands for $297.5 million in…
News October 14
Medical cannabis spending in Canada hits 5-year low in first half
Canadian spending on medical cannabis fell to a five-year low in the first half of 2021, according to…
News October 14
Landlords welcome cannabis stores to major Ontario shopping malls
Major free-standing shopping malls in Ontario, Canada, are throwing open their doors to cannabis stores, signaling the evolution…
News October 12
Sundial buying alcohol, cannabis retailer Alcanna for CA$346 million
Calgary, Alberta-based cannabis producer Sundial Growers said it has reached a deal to buy Alcanna, Canada’s largest private…
News October 8
High Tide acquires majority of UK brand Blessed CBD for $12.4 million
Canadian cannabis retailer and e-commerce company High Tide has acquired 80% of Blessed CBD, a U.K. direct-to-consumer hemp-derived…
News October 7
Ontario making cannabis delivery permanent for province’s 1,000-plus stores
Ontario plans to permanently enable cannabis stores to offer delivery and curbside-pickup services, the Canadian province announced Thursday,…
News October 7
Tilray CEO open to M&A in Canada as cannabis revenue misses target
Canadian cannabis producer Tilray reported net revenue of $168 million (210 million Canadian dollars) for the June-August quarter,…
News October 7
US judge tosses investor lawsuit targeting cannabis producer Sundial
A federal judge in New York cleared Sundial Growers of wrongdoing in a lawsuit filed by angry investors…
News October 5
Cannabis firm Tilray awarded CEO $13.2 million in cash bonuses this year
Canadian marijuana producer Tilray paid CEO Irwin Simon cash bonuses totaling $13.2 million (16.7 million Canadian dollars) so…
News October 4
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