Cannabis firm TerrAscend posts loss; net sales to grow to CA$192M for 2020
U.S. and Canadian cannabis operator TerrAscend Corp. has posted a net loss of more than 13.6 million Canadian…
News August 20
Latest In: International
Cansativa chosen as sole distributor of German-grown cannabis
Mörfelden-Walldorf-based Cansativa won the German distribution tender, becoming the sole distributor of all cannabis that will be grown…
News August 20
New Zealand cannabis company granted license, plans stock listing
Tairawhiti, New Zealand-based Rua Bioscience has received a commercial license to grow and supply cannabis-derived medicines, and is…
News August 19
Canada accused of cannabis ‘protectionism’ by blocking imports – even as exports soar
The Canadian government is being accused of insulating domestic cannabis producers against foreign competition by not allowing imports…
News August 19
US marijuana companies outperform Canada’s to erase discount in second-quarter earnings season
The stocks of U.S.-focused operators have rallied while Canada-focused operators have underperformed in the second-quarter earnings season, closing…
News August 19
Inventory growth of Canadian cannabis edibles/beverages far outpaces sales
Packaged inventory of cannabis edibles in Canada has increased much faster than sales in recent months, according to…
News August 18
Week in Review: Canopy CEO’s huge compensation, states’ strong cannabis sales, vaping’s popularity & more
The total compensation for the new CEO at Ontario, Canada-based Canopy Growth was an eye-popping $33.8 million (45…
News August 15
Canada asks cannabis users to buy legal edibles after kids eat illicit ones
Canada’s federal health authority is advising consumers to buy cannabis exclusively from authorized retailers after reports of children…
News August 14
Canada’s medical cannabis market plateauing since recreational legalization – at least for now
The number of active medical marijuana registrations in Canada appears to have leveled off about a year after…
News August 14
Marijuana Business Daily again makes Inc. 5000 list
For the fifth year running, Marijuana Business Daily has earned a spot on Inc. magazine’s Inc. 5000 “Fastest-Growing Private…
News August 13
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