Cannabis operator Canopy raising $35 million in upsized private placement
Canadian cannabis company Canopy Growth Corp. on Thursday said it entered into subscription agreements with institutional investors to raise $35 million. Cannabis […]
Category: international
Experts share their expectations for marijuana industry in 2024
From the next market to legalize adult-use marijuana to New York’s social equity licensing and low-dose THC, MJBizDaily left no stone unturned […]
Ukraine might depend on cannabis imports for years before local production is ready
Local industry watchers say it could be years before domestic cannabis cultivation in Ukraine is up and running after Parliament gave the […]
Cannabis prospectuses in Ontario fell dramatically in 2023, data shows
The number of prospectuses filed in Ontario by cannabis companies in connection with public offerings of securities declined dramatically in 2023 compared […]
Canadian cannabis company Safari Flower accesses creditor protection
Canadian cannabis grower and processor Safari Flower Group is insolvent and has received an initial creditor protection order under Canada’s Companies’ Creditors […]
Cannabis operator Canopy Growth terminates $30M private placement
A private placement of shares and warrants announced by Canopy Growth Corp. was terminated only three days after it was unveiled, the […]
Ontario’s new cannabis store ownership cap expected to boost M&A
A new regulatory change allowing one company to operate up to 150 recreational cannabis stores in Ontario – a twofold increase from […]
Cannabis operator Tilray trims loss to $46 million in quarter on record sales
Canadian cannabis producer Tilray Brands trimmed its loss to $46.2 million (61.6 million Canadian dollars) in the second quarter of its 2024 […]
Cannabis distributor Humble & Fume gets creditor protection
Humble & Fume, a Canadian cannabis and accessories distributor, received an initial creditor protection order and intends to go private. Cannabis distributor […]
Canada destroyed 3.7 million pounds of unsold, unpackaged cannabis since 2018
Canadian operators destroyed millions of packages of unsold cannabis products and a record amount of unpackaged dried flower in 2022 and the […]