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Share consolidation sweeps marijuana industry as stock prices flop

In the face of slumping cannabis stock prices, publicly traded Canadian marijuana producers and U.S. ancillary companies are…

News July 31
Auxly
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Auxly Cannabis, Imperial Brands extend maturity date of CA$123M debenture

Auxly Cannabis Group and British tobacco giant Imperial Brands agreed to extend by 24 months the maturity date…

News July 27
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Canadian cannabis producer Tilray reports $1.4 billion annual loss

Tilray Brands on Wednesday reported a net loss of $1.4 billion (1.9 billion Canadian dollars) for its fiscal…

News July 26
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Barbados taps GrowerIQ for marijuana industry track-and-trace

The Barbados cannabis regulator has selected Canadian technology company GrowerIQ to manage the tracking and reporting of all…

News July 26
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Cannabis operator Aleafia enters creditor protection after failed merger

Financially distressed Canadian cannabis company Aleafia Health has entered creditor protection, shortly after the failure of its attempt…

News July 25
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Aurora Cannabis sells Sun production facility to Bevo Farms

Canadian marijuana producer Aurora Cannabis closed on the sale of its enormous Sun greenhouse to Bevo Farms, although…

News July 24
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Albania passes medical marijuana law

The Albanian parliament has passed a law to lay the legal and regulatory foundation for a medical and…

News July 21
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Canadian adult-use cannabis sales edge up to CA$415.6M in May

Canada's regulated recreational marijuana retailers sold 415.6 million Canadian dollars ($314.7 million) worth of cannabis in May, a…

News July 21
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Curaleaf might be next marijuana MSO to list on Toronto Stock Exchange

Curaleaf Holdings hopes to be the next cannabis multistate operator to join TerrAscend on the Toronto Stock Exchange…

News July 20
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Philip Morris buying Israeli cannabis firm for up to $650M, report says

Multinational tobacco giant Philip Morris International is acquiring the Israeli cannabis tech firm Syqe Medical in a deal…

News July 19
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