Ontario to license cannabis stores faster as authorizations surpass 300
Ontario’s cannabis store regulator is again doubling the number of Retail Store Authorizations (RSA) it is issuing per month. The Alcohol and […]
Category: Canadian Medical Marijuana & Cannabis Industry News
Ontario criticized for not properly monitoring cannabis inventory
Ontario’s adult-use cannabis regulator has not been adequately monitoring the movement of marijuana products in the province’s growing number of retail stores, […]
Ayr borrows $75 million to fund marijuana acquisitions, finish facilities
Multistate marijuana operator Ayr Strategies announced a $75 million secured loan intended to fund acquisitions and complete facilities in Arizona, Ohio and […]
United Nations approves WHO recommendation to reschedule cannabis in historic vote
The United Nations Commission on Narcotic Drugs (CND) on Wednesday accepted a World Health Organization (WHO) recommendation to remove cannabis and cannabis […]
PharmaCielo gets new CEO after revenue collapses; Khiron reports loss
PharmaCielo and Khiron Life Sciences – Toronto-based companies with their main operations in Colombia – reported losses this week for the quarter […]
Marijuana MSO Jushi lists $76M in secured notes on Canadian exchange
Multistate marijuana operator Jushi Holdings listed $76,352,000 worth of secured debentures for trade on the Canadian Securities Exchange. Marijuana MSO Jushi lists […]
Zenabis selling cannabis facility for half original asking price
Vancouver, British Columbia-based Zenabis Global reached a conditional agreement for the sale of its facility in Delta, B.C., for what appears to […]
Cannabis NB expects CA$10M profit; privatization update ‘in near future’
New Brunswick’s cannabis retail monopoly Cannabis NB expects to end its fiscal year with a profit of over 10 million Canadian dollars […]
Colombian cannabis producers raise fresh rounds of capital
Some leading licensed cannabis producers in Colombia raised fresh rounds of capital recently. Khiron Life Sciences – a Toronto-based company with its […]
As consolidation hits Canadian cannabis retail, more mergers and acquisitions expected
Consolidation is picking up among Canada’s regulated cannabis retailers as recreational marijuana sales continue their upward monthly trend, with industry insiders predicting […]