Inventory growth of Canadian cannabis edibles/beverages far outpaces sales
Packaged inventory of cannabis edibles in Canada has increased much faster than sales in recent months, according to fresh data from the […]
Category: International Marijuana Business News
Week in Review: Canopy CEO’s huge compensation, states’ strong cannabis sales, vaping’s popularity & more
The total compensation for the new CEO at Ontario, Canada-based Canopy Growth was an eye-popping $33.8 million (45 million Canadian dollars), according […]
Canada asks cannabis users to buy legal edibles after kids eat illicit ones
Canada’s federal health authority is advising consumers to buy cannabis exclusively from authorized retailers after reports of children eating illicit-market products. “Children […]
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 […]
Marijuana Business Daily again makes Inc. 5000 list
For the fifth year running, Marijuana Business Daily has earned a spot on Inc. magazine’s Inc. 5000 “Fastest-Growing Private Companies” list. MJBizDaily, a […]
Vape pens outdistance other ‘Cannabis 2.0’ products in Canada, data shows
Marijuana oil vape pens have taken a commanding lead as the most popular “Cannabis 2.0” product in three key Canadian provinces, capturing […]
Canopy Growth CEO’s partial-year compensation tops CA$45 million
Canopy Growth’s chief executive earned 1,042 times more than the median compensation for the cannabis producer’s other employees in fiscal 2020. The […]
Tilray revenue hit by lower recreational, medical cannabis sales
Nanaimo, British Columbia-based Tilray halved its net loss to $81.7 million for the second quarter ended June 30, a substantial improvement over […]
Uruguay approves new rules to facilitate exports, spur cannabis industry
Uruguayan President Lacalle Pou signed two decrees with the aim of spurring development of the medical marijuana and hemp industries and encouraging […]
Canopy reports CA$128 million loss as recreational cannabis revenue falls
Canadian cannabis producer Canopy Growth Corp. reported a net loss of more than 128 million Canadian dollars ($95.7 million) in the first […]