Imperial Brands converts CA$123 million in debt to Auxly Cannabis shares
Imperial Brands has converted more than 123.4 million Canadian dollars ($90.6 million) in total debt to shares of…
News April 1
Latest In: International
Germany’s new law legalizing limited adult-use cannabis market now in force
Germany’s cannabis law took effect Monday, making it the second Group of Seven country to legalize and regulate…
News April 1
Growing Colombia cannabis exports reach $10.8 million as government extends sell-by dates
Colombia’s medical cannabis exports continued to grow last year, although sales still haven't reached the level that the…
News April 1
Cannabis producer Rubicon reports quarterly profit of nearly CA$900,000
Rubicon Organics reported a modest profit of 889,166 Canadian dollars ($656,000) in its fourth quarter ended Dec. 31,…
News March 28
New Zealand cannabis company Cannasouth reviewing financial health
New Zealand medical cannabis company Cannasouth Limited has entered voluntary administration, a process that allows for an administrator…
News March 28
Ontario eyes CA$600 million cannabis windfall, pledges online crackdown
Ontario’s provincial government is budgeting for a record windfall of more than 600 million Canadian dollars ($442 million)…
News March 27
Republican senators oppose marijuana rescheduling based on global treaties
Moving marijuana to Schedule 3 of the Controlled Substances Act, as Biden administration health officials have recommended, violates…
News March 27
Canadian cannabis producer Organigram enters US, plans CA$25 million raise
Organigram Holdings has dipped into its strategic investment pool to pick up a minority stake in Roxboro, North…
News March 27
Auxly auditor flags ‘going concern’ risk as cannabis firm reports smaller loss
Auxly Cannabis Group’s record 2023 sales helped substantially improve its net loss, but an auditor flagged a “significant…
News March 25
Organigram ‘assessing options’ after unfavorable ruling on cannabis edibles
Health Canada has concluded that Organigram Holdings' Edison Jolts lozenge cannabis products should be classified as edibles rather…
News March 25
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