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Latest In: International

CANADA Cronos Cronos Group
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Cannabis producer Cronos narrows 2023 loss to $74.5 million

Canadian cannabis producer Cronos Group cut its loss in half in 2023, reporting a deficit of $74.5 million…

News March 4
Beena Goldenberg CANADA Canada cannabis taxes Canada marijuana tax Canadian excise taxes CEO Beena Goldenberg income Margaret Brodie organigram OrganiGram Holdings Rubicon Organics
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Canada’s unpaid cannabis taxes soar 72% to almost CA$300 million

A growing number of Canadian cannabis producers continue to rack up tax debt, which could lead to "a…

News March 4
Alberta Aurora aurora cannabis debt Debt financing
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Aurora Cannabis repays remainder of convertible senior debt

Aurora Cannabis says it has repaid the remaining balance of its convertible senior notes, a landmark in the…

News March 1
Bassam Alghanim BZAM Group BZAM Ltd. CANADA Canada Revenue Agency Companies Creditors Arrangement Act Cortland Credit Lending Corporation Final Bell Final Bell Canada Health Canada the Canada Revenue Agency
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Cannabis firm BZAM granted creditor protection with massive unpaid tax bills

Canadian cannabis firm BZAM, which merged with The Green Organic Dutchman in 2022, has been granted creditor protection…

News March 1
Australia ECS Botanics Holdings
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Australia’s ECS Botanics reports record first-half cannabis revenue of AU$11.3M

Australia-based ECS Botanics Holdings reported profitable operations for the six months ended Dec. 31, 2023, on increased medical…

News February 28
CANADA Canopy Growth
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Canadian federal cannabis tax revenue outpaces beer, wine

Canada’s federal government collected more excise tax revenue from cannabis than it did from beer and wine for…

News February 28
biden rescheduling dea rescheduling marijuana rescheduling rescheduling
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US treaties shouldn’t impact marijuana rescheduling, congresswoman says

American commitments in international treaties do not forbid the U.S. Drug Enforcement Administration from rescheduling marijuana as recommended,…

News February 27
BC Liquor Distribution Branch CANADA Canada cannabis tax Canada Revenue Agency McCarthy Tétrault LLP Ontario Cannabis Store Ottawa Société Québécoise du Cannabis tax wholesale cannabis
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Canada says cannabis wholesalers must garnish payments over unpaid taxes

Canada’s tax collection agency is following through on a threat to garnish cash from licensed cannabis producers that…

News February 27
CANADA cannabis regulatory fees Health Canada inflation license applications regulatory fees
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Canadian government hiking cannabis regulatory fees in April

The Canadian government is increasing eight regulatory fees levied on the regulated cannabis industry beginning April 1.

News February 26
cannabis business licenses CRB Monitor marijuana business licenses vertically integrated vertically integrated marijuana company
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US marijuana business licensing declined for the first time in 2023

After years of double-digit growth, active marijuana business licenses in the United States declined for the first time…

News February 26
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