Hexo, Molson Coors launch Truss cannabis beverage portfolio
Canadian cannabis producer Hexo Corp. and brewer Molson Coors Canada have launched new beverage products under their Truss Beverage Co. joint venture, […]
Category: Canadian Medical Marijuana & Cannabis Industry News
More licensed cannabis stores coming to Manitoba
The next wave of cannabis stores has begun to arrive in Manitoba, giving Canada’s regulated marijuana industry a chance to increase market […]
Canada, US business groups to support global cannabis industry expansion
Two North American business groups signed a memorandum of understanding to support Canadian and American companies seeking to capitalize on the growth […]
High Tide to acquire Meta Growth, creating major Canadian cannabis retailer
Canadian marijuana retailer High Tide is acquiring competitor Meta Growth Corp., creating an entity touted as Canada’s largest cannabis retailer. The combined […]
Canadian recreational marijuana sales reach record CA$201 million in June
Canadian retail sales of adult-use cannabis crested yet again in June, increasing 7.9% over the record set in May. Monthly retail sales […]
Cannabis firm TerrAscend posts loss; net sales to grow to CA$192M for 2020
U.S. and Canadian cannabis operator TerrAscend Corp. has posted a net loss of more than 13.6 million Canadian dollars ($10.3 million) for […]
Cansativa named sole distributor of German-grown cannabis
Mörfelden-Walldorf-based Cansativa won the German distribution tender, becoming the sole distributor of all cannabis that will be grown in Germany for medical […]
US marijuana companies outperform Canada’s to erase discount in second-quarter earnings season
The stocks of U.S.-focused operators have rallied while Canada-focused operators have underperformed in the second-quarter earnings season, closing the valuation gap on […]
Inventory growth of Canadian cannabis edibles/beverages far outpaces sales
Packaged inventory of cannabis edibles in Canada has increased much faster than sales in recent months, according to fresh data from the […]
Canada asks cannabis users to buy legal edibles after kids eat illicit ones
Canada’s federal health authority is advising consumers to buy cannabis exclusively from authorized retailers after reports of children eating illicit-market products. “Children […]