Lawsuit: Tilray execs misled investors over ABG cannabis deal
A new lawsuit alleges the top brass of Canada-based cannabis company Tilray misled shareholders and engaged in insider stock sales during 2019 […]
Category: Canadian Medical Marijuana & Cannabis Industry News
US cannabis retailers take mixed approaches amid pandemic-fueled downturn, with some eyeing costs and others spending more
As the U.S. economy struggles to recover from a recession spurred by the coronavirus pandemic, some cannabis retailers are looking for ways […]
Bonify resumes selling adult-use cannabis in Canada after suspension
Manitoba cultivator Bonify Holdings Corp. is again selling recreational cannabis in Canada, a little over a year after the company’s license to […]
High Times strikes $25M marijuana licensing deal for three markets
The parent company of High Times magazine signed a deal to license its iconic brand and High Times-branded products at 18 operational […]
Canadian cannabis exports to Israel set to increase with Organigram-Canndoc deal
New Brunswick-based cannabis producer Organigram Holdings has signed a multiyear supply agreement with Israeli cannabis firm Canndoc. The deal would result in […]
Canada exported record amount of dried cannabis in 2019, but mostly to one market
Canadian businesses exported more dried medical cannabis than ever last year, but that growth is expected to be challenged when the country’s […]
Ontario Cannabis Store report shows Aurora leading flower sales, COVID-19 sales boost
New data released by the Ontario Cannabis Store (OCS) reveals key details about marijuana sales and consumer preferences in Canada’s largest province, […]
Vireo Health parts ways with marijuana industry veteran Bruce Linton
Cannabis multistate operator Vireo Health International terminated former Executive Chair Bruce Linton, effective immediately and “on an entirely without-cause basis,” the company […]
Canada’s haul from cannabis tax reaches CA$32 million
The federal portion of Canada’s cannabis excise duty amounted to 32 million Canadian dollars ($23.7 million) from April 2019 through March 2020, […]
Trichome Financial gets court approval to acquire James E. Wagner
Toronto-based cannabis sector financier Trichome Financial Corp. received court approval to complete its acquisition of troubled Ontario marijuana grower James E. Wagner […]