Canada’s unpaid cannabis taxes soar 72% to almost CA$300 million
A growing number of Canadian cannabis producers continue to rack up tax debt, which could lead to “a meaningful number” of companies […]
Category: organigram
Why isn’t Canada’s cannabis market thriving? These experts have some ideas
MJBizDaily asked six experts from across the country to answer the question: Why isn’t Canada’s cannabis market thriving? Here’s what they said […]
Tobacco giant’s CA$124 million investment in marijuana firm Organigram approved
Tobacco giant’s CA$124 million investment in marijuana firm Organigram approved is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis […]
Cannabis producer Organigram reports CA$248 million loss, massive excise bill
Canadian cannabis producer Organigram reported a loss of 248.6 million Canadian dollars ($185 million) in the 2023 fiscal year, postponed its free cash […]
Why cannabis producer Organigram struck a CA$220 million deal with a tobacco giant: Q&A with CEO Greg Engel
While rival Canadian cannabis producers plowed massive amounts of capital into cultivation infrastructure, losing billions of dollars in the process, New Brunswick-based […]
British American Tobacco buying stake in cannabis producer Organigram
A subsidiary of British cigarette maker British American Tobacco (BAT) and Atlantic Canada-based cannabis producer Organigram have signed a 220 million Canadian […]
Will GW’s multibillion-dollar sale ‘open floodgates’ to pharma-cannabis deal-making?
Jazz Pharmaceuticals’ planned $7.2 billion takeover of United Kingdom-based GW Pharmaceuticals could kick off a wave of deal-making between pharma and medical […]
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 […]
Organigram loss widens on shrinking cannabis revenue in third quarter
Canadian cannabis producer Organigram Holdings reported a continued slide in net revenue for the third quarter of 2020, down by 22% from […]
Organigram becomes latest cannabis producer to slash jobs, production target
Canadian marijuana producer Organigram cut its workforce by about 25% and said production levels will be below capacity “for the foreseeable future.” […]