Canadian producer Heritage Cannabis granted creditor protection
Heritage Cannabis is the latest Canadian marijuana producer to obtain an order for creditor protection as a wave of insolvencies continues to […]
Category: Fire & Flower
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 […]
New Brunswick won’t privatize recreational cannabis sales
New Brunswick has discontinued the request for proposal (RFP) process for the privatization of recreational cannabis sales, meaning the province will retain […]
Canadian marijuana retailer Fire & Flower seeks Nasdaq listing
Fire & Flower Holdings, a Canadian marijuana retail chain with an eye on international growth, applied to list its shares on the […]
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 […]
Week in Review: Cannabis firm iAnthus’ CEO resigns, High Times’ retail move, IL delays adult-use marijuana licensing & more
New York-based multistate marijuana operator iAnthus’ CEO Hadley Ford stepped down after the company’s internal investigation found he should have disclosed personal […]
Cannabis retailer Fire & Flower closing 3 Alberta stores, reports CA$22.3M loss
Canadian cannabis retailer Fire & Flower has implemented a restructuring plan that will see three stores in Alberta closed, a sign the […]