Quebec cannabis retail monopoly SQDC posts CA$94.9 million annual net income
The Société québécoise du cannabis (SQDC), the monopoly retailer of legal recreational cannabis in Canada's second-most-populous province, reported…
News June 12
Latest In: International
Cannabis firm TerrAscend sells head office in Canada for under asking price
TerrAscend Corp., a North American cannabis operator, has sold its head office in Mississauga, Ontario, for 19.7 million…
News June 8
Red White & Bloom to acquire distressed Canadian cannabis operator Aleafia
Marijuana multistate operator Red White & Bloom Brands plans to acquire financially troubled Canadian cannabis operator Aleafia Health…
News June 7
Cannabis retailer Fire & Flower granted creditor protection after ‘significant net losses’
Fire & Flower Holdings and its cannabis subsidiaries have received an initial order for creditor protection from a…
News June 6
Canada’s unsold cannabis inventory balloons to 1.5 billion grams
Business failures and consolidation failed to stop Canada's stockpile of unsold cannabis from reaching a new high in…
News June 6
Cannabis operator Canopy to be booted off S&P/TSX Composite Index
Canadian-listed shares of cannabis operator Canopy Growth Corp. will be removed from the S&P/TSX Composite Index, a market…
News June 5
Marijuana MSO Acreage Holdings promotes chief operating officer to CEO
New York-based cannabis multistate operator Acreage Holdings announced Friday that Dennis Curran, the company’s chief operating officer since…
News June 2
Cronos pulls plug on US hemp and CBD operations
Toronto-based Cronos Group is pulling out of the U.S. hemp-derived CBD market "to improve its cash flow in…
News June 1
Manitoba repeals 6% retail levy on legal marijuana sales
Manitoba has repealed a requirement for legal cannabis retailers to pay a 6% “social responsibility fee” based on…
News May 31
Decibel Cannabis reports small first-quarter loss, positive adjusted EBITDA
Decibel Cannabis booked a net loss of 569,000 Canadian dollars ($418,000) in the first fiscal quarter of 2023,…
News May 31
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