Alimentation Couche-Tard exec takes helm of cannabis retailer Fire & Flower
Canadian cannabis retailer Fire & Flower appointed Stéphane Trudel as chief executive officer, effective immediately, the company announced…
News June 2
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Ontario Cannabis Store data breach raises credibility, security concerns
The credibility of the government-run Ontario Cannabis Store is at stake after sensitive industry data was misappropriated and…
News June 2
Lessons from Aurora Cannabis’ bought deal financing
Aurora Cannabis has arranged new financing via a “bought deal.” What is that, and is it important to…
News June 1
Aurora Cannabis closes bought deal financing, yielding $172.5 million
Canadian marijuana producer Aurora Cannabis said it received gross proceeds of $172.5 million from a bought deal offering…
News June 1
Canopy loses CA$578 million in quarter as cannabis revenue plunges
Canadian cannabis producer Canopy Growth lost another 578.6 million Canadian dollars ($454 million) in its fourth fiscal quarter…
News May 27
Aurora Cannabis announces bought deal financing, upsizes to $150 million
Aurora Cannabis entered a bought deal financing worth $125 million, then upsized that funding to $150 million.
News May 27
Canadian cannabis sales rebound strongly in March to record CA$358.8M
Canadian sales of regulated recreational cannabis hit an all-time high of almost 358.8 million Canadian dollars ($279.6 million)…
News May 26
Ukraine war, supply-chain woes cause cannabis fertilizer shortage, increased costs
Russia's invasion of Ukraine and ongoing supply-chain issues are causing a global fertilizer shortfall, leading cannabis growers to…
News May 26
Arizona’s Item 9 Labs strikes $12.8M deal for Canada’s Sessions Cannabis
Item 9 Labs Corp., an Arizona-based company that invests in marijuana-related businesses, signed an agreement to acquire Wild…
News May 25
Canadian cannabis producers’ overdue excise taxes more than triple to CA$52M
Unpaid federal excise duty is piling up in Canada’s cannabis industry, with excise debt more than tripling to…
News May 25
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