Cannabis firm Aphria grows Q2 revenue, reports CA$120.6M net loss
Canadian cannabis company Aphria on Thursday reported increased quarterly revenue for the quarter ended Nov. 30, with a net loss of 120.6 […]
Category: International Marijuana Business News
1-gram cannabis flower sales fell in 2020 amid pandemic, but don’t write off the small packet
Sales of 1-gram cannabis flower packages tumbled in multiple North American marijuana markets last year, likely related to consumers who shopped less […]
GW Pharma expects fiscal 2020 sales to reach $526 million
United Kingdom-based GW Pharmaceuticals expects to report annual sales of roughly $526 million for the year ended Dec. 31, 2020, the company […]
Mexico releases long-awaited medical cannabis regulations
Mexico published highly anticipated regulations to underpin its medical cannabis industry, more than three years after an amendment to the General Health […]
Cannabis CEOs, led by Aphria’s Irwin Simon, are among Canada’s top-paid execs despite losses
A number of executives in the cannabis industry are among the highest-compensated CEOs in Canada, according to a new analysis of 2019 […]
Want to sell your marijuana business? Here’s how to get it ready for sale
Acquisitions remain a key strategy for companies looking to enter or expand their reach within the marijuana s industry, but sellers must […]
Canopy boosting Ontario presence with nine new Tokyo Smoke stores
Canopy Growth plans to open nine new cannabis stores in Ontario in January under its Tokyo Smoke brand, growing its retail presence […]
How Trichome Financial acquired and restructured troubled marijuana producer JWC
A recent acquisition and restructuring deal using Canadian insolvency law demonstrates that even struggling, deeply indebted marijuana producers can be revitalized, an […]
Cannabis producer WeedMD shutters Bowmanville, Ontario, facility
Canadian marijuana producer WeedMD is closing a facility in Bowmanville, Ontario, in order to centralize medical cannabis distribution at its site in […]
Denmark medical cannabis sales post a positive quarter thanks to Epidiolex
Sales of medical marijuana in Denmark posted healthy gains in the third quarter of 2020, coinciding with the launch of GW Pharmaceuticals’ […]