Marijuana firm iAnthus receives demand for debt repayment
Multistate cannabis operator iAnthus Capital Holdings received a demand for repayment on a secured debenture issuance as well as a notice of […]
Category: International Marijuana Business News
Aurora Cannabis to close five facilities, lay off 700 staff as part of restructuring
Aurora Cannabis is shutting down five smaller production facilities and cutting roughly 700 employees as part of a corporate transformation plan over […]
Canadian cannabis sales remain strong in April despite COVID-19 pandemic
Retail cannabis sales in Canada declined only slightly despite the COVID-19 pandemic, falling 0.6% from March’s record high to 180.1 million Canadian […]
Hexo completes sale of cannabis greenhouse acquired from Newstrike
Hexo Corp. has completed the sale of the Niagara, Ontario-based cultivation facility it acquired as part of a 263 million Canadian dollar […]
New Australian law looks to boost cannabis exports after COVID-19 threat passes
Australia has amended pertinent laws in an effort to put its medical marijuana and hemp exporters in a position to “come out […]
First Big Tobacco firm in marijuana seeks bankruptcy protection
Pyxus International, the first Big Tobacco company to enter the marijuana and hemp sectors, filed for bankruptcy protection after the coronavirus pandemic […]
Switzerland releases details on recreational marijuana experiment, but full legalization likely years away
The lower house of Switzerland’s Federal Assembly approved a bill paving the way for a pilot research program that would permit the […]
United Nations body to meet again this month to discuss WHO cannabis recommendations
A meeting is scheduled for next week to discuss certain World Health Organization recommendations on cannabis and cannabis-related substances. The United Nations […]
Aurora Cannabis president stepping down this month
The president of Aurora Cannabis, Steve Dobler, is retiring from the company he helped create seven years ago. Dobler’s retirement from the […]
Florida medical cannabis operator starts trading on Canadian exchange
Bluma Wellness, which operates as One Plant in Florida’s fast-growing medical marijuana market, started trading on the Canadian Securities Exchange on Monday […]