Business Cronos releases delayed Q3 results, adds US$236.1M impairment charge Company stock hit a 4-year low on Friday Nick LabaFebruary 18, 2022
Business Canadian cannabis sales spike 9% to record $382.4M in December The last time Statistics Canada reported an increase this big the agency later revised its figures Nick LabaFebruary 18, 2022
Business American hemp production valued at US$824M in 2021: USDA survey Hemp flower was the most popular use of the crop, followed by seed and fibre Nick LabaFebruary 17, 2022
News New York to expedite adult-use cannabis production Under a proposed bill, already-authorized hemp farmers will get temporary licences to grow for the recreational market Nick LabaFebruary 17, 2022
Business Tetra Bio-Pharma to receive $4.5M loan from Quebec government The funds will go toward developing a treatment for acute respiratory distress syndrome, which can result from Covid-19 Nick LabaFebruary 16, 2022
Business Jones Soda completes acquisition to enter Canadian cannabis market The company has also received conditional approval to list on the Canadian Securities Exchange Nick LabaFebruary 16, 2022
Business Annual sales fall 6% to $43.1M for Aleafia The stalwart pot firm is projecting a return to EBITDA-positivity later this year, as it pivots to adult-use sales Nick LabaFebruary 15, 2022
Business Hexo suggests share consolidation to stay on Nasdaq A special shareholder meeting is slated for March 8 Nick LabaFebruary 15, 2022
Business Cannabis legalization spikes banking in US states, study shows Despite uncertainty around federal prosecution, banking activity has steadily increased in states with adult-use cannabis laws Nick LabaFebruary 14, 2022
Business MedMen’s chief revenue officer resigns No explanation has yet been given for the move Nick LabaFebruary 14, 2022