Canadian cannabis retailers to merge, focus on value-conscious consumers
Alcanna Inc. is spinning-off its retail cannabis business and combining it with competing retailer YSS Corp. to create one of the largest […]
Category: Canadian Medical Marijuana & Cannabis Industry News
More layoffs at Aurora Cannabis following Great North deal
Aurora Cannabis laid off sales staff after choosing Great North Distributors to be its sales representative across the Canadian recreational marijuana retail […]
Ontario cannabis stores can still offer pickup, delivery during lockdown
Brick-and-mortar cannabis stores in Canada’s largest recreational marijuana market are still permitted to offer home delivery and curbside pickup during a government […]
Cannabis MSO Cresco prices Canadian share offering to raise $125 million
Chicago-based multistate cannabis operator Cresco Labs priced an overnight marketed share offering, designed to raise roughly $125 million, at 16 Canadian dollars […]
Cannabis firm Aphria grows Q2 revenue, reports CA$120.6M net loss
Canadian cannabis company Aphria on Thursday reported increased quarterly revenue for the quarter ended Nov. 30, with a net loss of 120.6 […]
1-gram cannabis flower sales fell in 2020 amid pandemic, but don’t write off the small packet
Sales of 1-gram cannabis flower packages tumbled in multiple North American marijuana markets last year, likely related to consumers who shopped less […]
Cannabis CEOs, led by Aphria’s Irwin Simon, are among Canada’s top-paid execs despite losses
A number of executives in the cannabis industry are among the highest-compensated CEOs in Canada, according to a new analysis of 2019 […]
Want to sell your marijuana business? Here’s how to get it ready for sale
Acquisitions remain a key strategy for companies looking to enter or expand their reach within the marijuana s industry, but sellers must […]
Canopy boosting Ontario presence with nine new Tokyo Smoke stores
Canopy Growth plans to open nine new cannabis stores in Ontario in January under its Tokyo Smoke brand, growing its retail presence […]
How Trichome Financial acquired and restructured troubled marijuana producer JWC
A recent acquisition and restructuring deal using Canadian insolvency law demonstrates that even struggling, deeply indebted marijuana producers can be revitalized, an […]