Canadian cannabis firm James E. Wagner Cultivation seeks creditor protection
Financially distressed cannabis cultivator James E. Wagner Cultivation Corp. (JWC) said Wednesday it will undergo a “consensual restructuring” and…
News April 1
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Missed earnings, misdirection put Canadian cannabis executives in hot seat
The exodus of cannabis executives in Canada is in full swing after their companies raked up collective net…
News April 1
NYSE aims to boot CannTrust after concluding cannabis producer ‘no longer suitable for listing’
The New York Stock Exchange's regulatory enforcement arm has initiated the delisting process for CannTrust after concluding the Canadian cannabis…
News March 31
New Zealand allows cannabis vaporizers approved by overseas regulators
New Zealand has followed through with its plan to update a rule banning certain cannabis vaporizers ahead of…
News March 31
Health Canada says cannabis labs willing to assist in COVID-19 testing
Federally regulated cannabis labs have answered Health Canada’s call for assistance in supporting COVID-19 testing, and the agency…
News March 31
Cannabis firm Cronos’ quarterly gross loss grows to $20.4 million
Canadian cannabis firm Cronos Group reported a gross loss of nearly $20.4 million for the fourth quarter ending…
News March 30
US marijuana firm Columbia Care to list on Canadian Securities Exchange
Columbia Care, a New York-based multistate marijuana operator, said it will start trading on the Canadian Securities Exchange…
News March 30
Alberta classifies cannabis stores, producers ‘essential’ during COVID-19
Alberta’s licensed cannabis stores and producers can remain open during the COVID-19 pandemic, the Canadian province’s government said.…
News March 30
Hexo books CA$298 million net loss in second quarter
Major cannabis producer Hexo posted a second-quarter net loss of 298.2 million Canadian dollars ($210 million) on Monday,…
News March 30
Week in Review: Recreational marijuana sales tumble, cannabis stores open during pandemic, Harvest-Verano deal dead & more
Only a few days after adult-use marijuana sales soared amid the coronavirus scare, they took a nosedive. MJBizDaily takeaway:…
News March 28
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