Canadian cannabis producers’ unpaid tax bills soar as industry seeks reform
A growing number of Canadian cannabis businesses are failing to pay their federal excise taxes on time, a…
News October 18
Latest In: International
Canadian marijuana businesses pitch reform on legalization’s 4th anniversary
Canadian marijuana industry leaders are meeting this week in Ottawa, Ontario, where they hope to impart an "urgent"…
News October 17
Uber Eats, Leafly partner on cannabis store delivery orders in Toronto
Online marijuana platform Leafly has partnered with delivery service Uber Eats to offer cannabis delivery orders through the…
News October 17
Ontario cannabis retail regulator warns stores against selling to illicit operators
The cannabis retail regulator in Ontario, Canada, is warning licensed retailers against selling their inventory to "unlicensed third…
News October 13
TerrAscend closes $45.5 million marijuana debt financing
Multistate marijuana company TerrAscend Corp. has taken a senior secured term loan from cannabis real estate lender Pelorus…
News October 12
Fewer than 10% of Canadian cannabis licensees exited market, government report shows
Just under 10% of federal cannabis license holders in Canada have exited the market since legalization in October…
News October 12
Marijuana financial restatements show industry still maturing, insiders say
The marijuana industry has an accounting problem, with a number of companies correcting errors in financial statements in…
News October 11
Tilray reports $66 million loss as cannabis sales decline
Cannabis and alcohol company Tilray Brands lost $65.8 million (90 million Canadian dollars) in the first quarter ended…
News October 7
US, Canadian marijuana stocks surge, decline after Biden announcement
Shares of publicly traded cannabis companies surged late Thursday and then declined Friday morning after U.S. President Joe…
News October 7
Aurora Cannabis repurchases $23 million worth of debt
Canadian marijuana company Aurora Cannabis reduced its debt load by repurchasing roughly 31.3 million Canadian dollars ($23 million)…
News October 7
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