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How many cannabis stores in Canada closed in ’23? Data paints rough picture

A record number of cannabis stores in Canada might have closed or changed hands in 2023, according to…

News January 29
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CEO, board chair exit marijuana MSO MedMen

Los Angeles-based marijuana multistate operator MedMen Enterprises has experienced another shakeup in its executive suite, with CEO Ellen…

News January 25
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Tobacco giant’s CA$124M investment in marijuana firm Organigram approved

Shareholders of Organigram Holdings approved tobacco giant British American Tobacco's "transformational" investment in the Canadian cannabis producer, the…

News January 24
CANADA
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Canadian cannabis license approvals at multiyear low amid market turbulence

Canada’s ultra-competitive legal marijuana industry is drawing fewer new entrants than ever as existing businesses continue to exit.…

News January 23
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Cannabis and the capital markets: Q&A with Canadian Securities Exchange CEO Richard Carleton

Canadian Securities Exchange CEO Richard Carleton discusses the CSE's place in the capital markets, the tough landscape for…

News January 23
Germany
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Germany to legalize marijuana by April, top official says

Germany's health minister believes marijuana legalization will become a reality in the country this spring.

News January 22
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Canadian recreational cannabis sales down 6.2% in November

Retail sales of recreational cannabis totaled 412.1 million Canadian dollars ($305.8 million) in November, a decline of 6.2%…

News January 19
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GrowerIQ buys marijuana tech firm Ample Organics from Akerna

Marijuana technology company GrowerIQ has completed its acquisition of Ample Organics, a Canadian tech platform business, in a…

News January 19
Canopy Growth private placement
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Cannabis operator Canopy raising $35 million in upsized private placement

Canadian cannabis company Canopy Growth Corp. on Thursday said it entered into subscription agreements with institutional investors to…

News January 18
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Experts share their expectations for marijuana industry in 2024

From the next market to legalize adult-use marijuana to New York’s social equity licensing and low-dose THC, MJBizDaily…

News January 18
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