Canadian cannabis insolvencies persist in 2023 amid industry woes
Financially distressed cannabis companies continued to seek refuge in Canadian insolvency law in 2023, although such insolvency filings under one statute declined […]
Category: CannTrust
Health Canada declines to fine cannabis companies for violations, opting for other penalties
Canada’s top cannabis regulator chose not to fine CannTrust and Bonify Medical Cannabis despite significant violations of the rules governing the country’s […]
Canada’s medical cannabis market plateauing after recreational legalization – at least for now
The number of active medical marijuana patients in Canada appears to have leveled off about a year after adult-use cannabis was legalized […]
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, […]
Health Canada reinstates some CannTrust cannabis licenses
Federal cannabis licenses for one of CannTrust’s facilities were reinstated, about nine months after the embattled Ontario producer was hit with suspensions […]
Cannabis producer Aphria moving US listing to Nasdaq from NYSE
Canadian cannabis cultivator Aphria is moving its U.S. stock listing to a new venue, departing the New York Stock Exchange (NYSE) in […]
Hexo received NYSE warning in early April over low stock price
Hexo is the latest Canadian cannabis producer to run afoul of the New York Stock Exchange’s continued listing standards due to a low stock price. […]